Industrial

PALM BEACH GARDENS, FL-Prison REIT Correctional Properties Trust files a universal shelf registration with the Securities and Exchange Commission. The registration statement allows the company to offer $250 million of its common stock, debt securities and warrants.

VALHALLA, NY-Westchester County government held an informational session nearby its one million-square-foot proposed biomedical research park on the Grasslands campus that attracted a host of commercial real estate development and health care firms.

AUSTIN-Now, proponents and opponents must wait until May 23 to see if a master plan for a closed power plant gets a city OK. San Francisco-based Roma Design Group is pushing a plan for a community center to re-energize that section of town.

OAKLAND, CA-OBRA, the company converting the former Oakland Army Base in Oakland for commercial use, subleases two warehouse spaces to Bay Area companies.

PRINCE WILLIAM COUNTY, VA-Pharmaceutical manufacturer Eli Lilly and Co. will build its newest insulin manufacturing plant in the County's Innovation @ Prince William office Park. Upon its estimated completion in 2007, the plant will house more than 700 employees.

OXNARD, CA-AstroCosmos Metallurgical has signed a 10-year lease valued at $3.9 million. The company will be expanding its headquarters into a 70,000-sf facility here.

YPSILANTI TOWNSHIP, MI-K&M Engineering and Consulting Corp. of Arlington, VA plans to build a natural gas-fired plant to sell electricity to service providers. The project would be built on 20 acres bounded by two junkyards.

ATLANTA-Masterfoods USA of Cleveland, TN, a division of Hackettstown, NJ-based Mars Inc., is adding a new line, Cookies And, to its brand of chocolates. No major building construction was involved in the expansion of the Tennessee plant.