SAN FRANCISCO—Featuring 241 residences, the apartment community is set to bring 8,600 square feet of much needed retail, including the newest version of San Francisco favorite, The Grove.

DALLAS—The iconic office asset, 5005 LBJ Tower, formerly known as Occidental Tower, has been acquired by institutional investors, according to New York Life Real Estate Investors and Encore Office LLC, and plans include lobby and campus upgrades.

PHOENIX—The property is expected to get a facelift and lobby upgrades to attract a single tenant for its entire fourth floor, comprised of 26,570 square feet.

SCOTTSDALE, AZ—A team of retail experts says the Greater Phoenix area has several trade areas that have become very desirable CRE users, especially retail, while South Scottsdale is host to one of the hottest areas for retail and is becoming a hotspot for tech-startups.

DALLAS—Two class-A communities, Jefferson Galatyn Park and Jefferson on Lake Carolyn, add to a growing project list in the DFW area including JPI's newly completed Jefferson Las Colinas, a 6.6-acre class-A urban development.

AUSTIN, TX—To capitalize on the property's dense parking ratio and proximity to public transportation, the ownership is planning to redevelop the property for creative and tech-oriented users and is in the early planning stages for a large build-to-suit on the adjacent vacant site.

HOUSTON—The intersection of Farm to Market Road 1960 and Aldine Westfield Road will be the new home for Advance Auto Parts, with construction to begin this month and opening slated for May 2016.

SAN FRANCISCO—The "brutal" process of searching multiple databases to get all building ownership research, often resulting in duplicated efforts, was the impetus for Steve Wayne to start a new business.