Globest Sectors

MIAMI-The three properties were the 45,600-sf Lake Worth Commerce Center in Lake Worth, a 34,395-sf light industrial property here and a 45,000-sf Home Depot in Naples. The financing was secured by Cohen Financial.

HOUSTON-The leases, totaling 7,490 sf, all are medium-term pacts that range from 3,266 sf to 822 sf. Fulcrum Power LP occupies the largest block of space while "Les Avenues" magazine is moving into the smallest.

AURORA, CO- After launching an exhaustive search of multiple sites in the metro area, Merrick & Co., described as the largest engineering/architectural firm headquartered in Colorado, decided to maintain its corporate headquarters at Aurora Corporate Plaza here.

ALLENTOWN, PA-Acquiring the single-story building at 7108 Daniels Dr. from Wallace Computer signals the company's growing stake in the Lehigh Valley. The price is undisclosed, however area brokers tell GlobeSt.com the market rate is about $40 per sf.

MAPLE GROVE, MN-The other six Audio King stores in Minnesota will change their name to Ultimate Electronics. They will also undergo extensive renovation, including the addition of a "Hard Rock Sound Asylum" theme room.

DENVER-The Genesis Group reports that as apartment vacancies rise, conversion to condominium may be an attractive alternative for owners/investors.

SECAUCUS, NJ-Many years in the works, the 312,000-sf complex will link most of New Jersey's commuter and interstate rail lines, and may spark a new round of development.

LONDON-Chelsfield chairman Elliott Bernerd said this morning he hoped to make an MBO bid for the company by the middle of next month.