Globest Sectors

ORLANDO-The six-year-old development entity of The Norbert Corp. bought 3.25 acres for $410,500 at Orlando Central Park South where they expect to break ground in April on a $4 million, 50,000-sf office showroom/warehouse facility.

WASHINGTON, PA-Gander Mountain of Bloomington, MN has signed a lease with Crown American Realty Trust to locate their superstore concept here in the former Ames Department Store space at Washington Crown Center.

RIVERSIDE, CA-Transcan Development, based near Oakland, is working on entitlements for the 84-acre Canyon Crossings at Canyon Springs, an entertainment and retail center planned at the junction of I-215 and the 60 Highway.

DENVER-Bankrupt Adelphia Communications, which wants to move its corporate headquarters to Denver from Coudersport, PA, is still searching for office space. A deal could eventually be made in the Denver Tech Center.

DALLAS-Gart Sports Co. takes 50,000 sf for an Oshman's and Famous Footwear signs a 10,000-sf pact for Denton Crossing, an under-construction power center with a dance card filled by the leading names in retail.

HOUSTON-The 91%-occupied Huntington Glen goes to a partnership of Sterling American of New York City and BH Management Services of Dallas. The Houston seller was asking $11.5 million for the complex, the buyer's second in the submarket.

RESTON, VA-Sunset Corporate Plaza welcomes new tenant IBM as the computer company leases the entire 100,000-sf office building. IBM committed to occupying the space, which is located in the Dulles Corridor near the Dulles International Airport, for a 10-year period.

SAN DIEGO-David and Helen Nguyen acquire the building from seller Matilda Barnett Trust. Located at 6517 El Cajon Blvd., the facility previously served as an auto body shop.