SCOTTSDALE, AZ-Wilshire Capital Partners acquires the 35-year-old, specialty retail center from Fenway Properties. The story is followed by additional southwest commercial real estate news.

HOUSTON-In this first of two articles, CEO McAlister chats with GlobeSt.com's Amy Wolff Sorter about the current state of developable land in the Lone Star State.

HOUSTON-Forman and Kaleel arrange lease of 150,000 square feet to industrial user. Levey Group's complex at 6501 Navigation Blvd. now totals more than 300,000 square feet.

HOUSTON-John Zielke becomes head of underwriting for the firm’s GSE and multifamily advisory group to expand its client base and transaction volumes.

INDIAN WELLS, CA-The relationship between landlords and tenants is changing and getting tougher, says Nora Hogan of Transwestern .

HOUSTON-The Virginia-based seller disposes of the multifamily property for $34 million, following a close to three-year hold and capital investment of approximately $1.5 million.

HOUSTON-Based on Q1 2013 earnings, the local retail REIT continues forecasting its core FFO between $1.02 and $1.07 per share, while FFO is between $0.93 and $0.98 per share.

DALLAS-Howard Hughes Corporation reported that, during Q1 2013, master planned community land sales jumped 26.3% to $44.7 million, compared to $35.4 million during the same time last year.

HOUSTON-Alexander Jessett succeeds Dennis Steen, who is retiring from the company.

HOUSTON-Aaron Thielhorn with Trammell Crow talks to GlobeSt.com about ConocoPhillips' just-announced, 850,000-square-foot lease at Energy Center Three and Energy Center Four.

FORT WORTH-SCM Real Estate Services will handle activities for the 23,000-square-foot retail level of the mixed-use multifamily development, which serves nearby TCU. Additional southwest commercial real estate news follows.

HOUSTON-The energy company signs for 850,000 square feet at the under-construction Energy Center Three and the soon-to-break ground Energy Center Four. The developer is Trammell Crow and Partner Principal Real Estate.

HOUSTON-The retail REIT's Q1 earnings saw a year-over-year increase in total revenues of $3.5 million; of FFO core by $1.1 million and of property NOI by 32% to $9 million.

HOUSTON-Based on stellar numbers from Q1 2013, the local REIT updates its full-year FFO to $3.89 to $4.05 per diluted share, with EPS anticipated to be $1.79 to $1.95 per diluted share.

IRVING, TX-In a recent interview with GlobeSt.com, Vesper Holdings' Issac Sitt says his firm finds student housing deals by working directly with owners. Sitt is a speakers at RealShare Student Housing, May 13-14.

HOUSTON—Virtually every Houston submarket can boast two to 10 new buildings on line. But appearances can be deceiving. Who stands to gain?

HOUSTON—Not much worries Rand Stephens about Houston’s outlook. Not much. And he explained as much in this exclusive video from RealShare Houston.

HOUSTON—In this exclusive video interview, Transwestern chairman Robert Duncan guides up-and-comers, as well as sharing his views of the current ever-slow recovery.

COPPELL, TX-CID Resources and Norwex USA signed separate agreements to take down space at Duke's Freeport North.

HOUSTON-The local company acquires Hyatt Place in North Charleston from Naman Hotels. Brett Moody tells GlobeSt.com that the property's appeal is its proximity to Boeing Co.'s Dreamliner assembly plant.