Industrial

DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.

NEW YORK CITY-The Manhattan-based REIT and the New York State Common Retirement Fund expand their joint venture, adding $50 million and $150 million, respectively, for the acquisition of an additional $560 million in net-leased office and industrial properties.

ANAHEIM, CA-Separate buyers acquire all six buildings in the development company's recently converted Lakeview Business Park. The 165,000-sf complex is the former home of a packing plant.

SANTA ANA, CA-Marlin-Davidson sells a 39,089-sf Santa Ana building to an appliance company. Both buyer and seller will continue to occupy the facility.

CHICAGO-Investors must "accept the fact we have to move from Easy Street to the Eisenhower Expressway at 5:30," Gary Kachadurian of RREEF Funds tells the National Association of Industrial and Office Properties conference.

ATLANTA-CNB Holdings Inc. of suburban Alpharetta, GA, is at $100 million in assets from $55.5 million in the year-ended period of Sept. 30, 2000, an 80% increase. The two-branch bank's broad range of products include commercial real estate lending and residential mortgage services.

ORLANDO-Lowe's Cos. Inc. of Wilkesboro, NC and Wal-Mart Stores Inc. of Bentonville, AR are scouting the local market for a 150-acre-plus site to build a one million-sf to two million-sf distribution center, land brokers intimate with the search tell GlobeSt.com

CAMBRIDGE, MA-Amgen Inc. moves into an eight-story, 285,000-sf laboratory and research facility here in the heart of the city's biotech center. This is the company's first foray into the area.