Last Updated: September 15, 2005 06:13pm ET

Officials Approve Special Zone for $200M Houston Pavilions Plan

HOUSTON-Houston Pavilions, a proposed 360,000-sf, mixed-use concept, clears its first hurdle with the creation of the Market Square TIRZ, a CBD tax increment reinvestment zone that will provide $14.3 million for associated costs to help get it out of the ground.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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