UPDATE

Hines, TIAA-CREF Venture Plans High-Rise Office

Last Updated: August 15, 2006 07:19pm ET

SAN DIEGO-The 15-story, 340,000-sf office building will occupy a three-acre development site. Hines acquired the land in December in the University Town Center submarket.

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Distress Expected to Plateau at $200B

WASHINGTON, DC-Delta Associates thinks the worst may be behind the industry with distressed assets hitting a plateau and construction loan delinquencies posting their first decline.

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