Globest Sectors

DALLAS-Mike Hardage is closing the books on a near five-year career at Trammell Crow Co. in an exit that coincides but isn't tied to a series of personnel changes at the firm. It's time for a change, says the director of investment services.

CHICAGO-A 20,000-sf site at 4343 W. Peterson Ave. nearly triples in value in the past five years, selling recently to North Shore Bank for $1.9 million.

SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.

ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.

BOSTON-John Hancock Financial Services Inc. sells its two adjoining properties located in the heart of the city's downtown area to NY-based the Related Cos. LP and locally based Beal Cos. LLP. The properties consist of a 61,110 sf building and an 18,000 sf parking lot.

HONOLULU-Honolulu-based Alexander & Baldwin investment company divests its holdings of Airport Square in Reno, NV for $23.5

CHICAGO-In a half-dozen leases executed at the same time, an HVAC supplier represented by Cushman & Wakefield has undertaken a complex reorganization of its local distribution operations.

DENVER-Two veteran industrial brokers are making the move from Grubb & Ellis, where they represented three of the 10 largest industrial investment sales in the area during the past three years.