Globest Sectors

VALLEY CENTER, CA-The Rincon Band of Mission Indians and the county have reached an agreement to kick in $7 million toward road improvements along Valley Center Road for its casino.

CHICAGO-Tenants of 188 W. Randolph St. say the closing was "overkill," but city officials say their mandated precautions may save a life while they try to find a solution to falling terra cotta from the 46-story building.

WASHINGTON, DC-Dipping consumer confidence has led most retail real estate companies to lower expectations this year, but an analyst says because of long-term leases, most are somewhat buffered by lagging retail sales.

DESCHUTES COUNTY, OR-High Desert Development Partners of Los Altos, CA, is proposing 420 houses, 180 condominiums, a hotel and a conference center as well as two golf courses, tennis courts, swimming pools and equestrian facilities on 640 acres between Bend and Redmond.

COLUMBIA, MD-First Service Networks Inc. signed leases for office space with Corporate Office Properties Trust and plans to move its corporate headquarters from Stamford CT to Annapolis Junction, MD.

SOUTHFIELD, MI-The REIT gets $40 per sf for the community shopping center located in Athens, AL as part of its strategy to dispose of non-core assets. Proceeds will be used in part to pay off variable-rate debt.

NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.

DALLAS-Texas has all the right genes for weathering a nationwide recession, say regional executives. Job growth is slowing somewhat statewide, but it's still far ahead of the rest of the Union. The state's diversification is the key to continued growth.