Globest Sectors

WALTHAM, MA-Polaroid Corp. sells its 56-acre campus here to the Davis Companies in a joint venture with Prudential Real Estate Advisors. The embattled instant photography company has been struggling to reduce its debt.

DENVER-Two apartment complexes in northern Colorado get non-recourse, high-leverage loans with a 7.25% fixed rate, a combination construction and permanent financing carrying a 40-year term with a 40-year amortization.

CHICAGO- Columbus, OH-based Pizzuti Cos. vice president of sales and leasing Bill Baumgardner says "The activity is very strong with the big-box users -- 500,000-sf or more...the quality of the companies looking has been very good.

QUINCY, MA-Massachusetts Heavy Industries' latest financial scheme to gain control of the Fore River Shipyard here is coming under scrutiny. The bankrupt company needs to raise $55 million to be able to get another chance to revive the shipyard.

ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.

CHICAGO-Mayor Richard M. Daley wants the Millennial Housing Commission, appointed by Congress, to push for a 40% jump in the federal Home Investment Partnerships Program so city's such as his can build new rental housing.

ATLANTA-The industry won't be generating 100,000 jobs a year for a while but the market remains more active than other national hubs, Colliers Cauble & Co. tells GlobeSt.com.

LOS ANGELES-Soaring temperatures across the state are expected to cause a second straight day of outages today. More than 100,000 commercial and residential property owners lost power Monday.