NEW ORLEANS-CB Richard Ellis’ valuation and advisory services office will open Sept. 1, with John Gasparre and Michael Bertrand at the helm.

PHOENIX-After months spent trying to wrest the eight-acre infill site from bankruptcy court, Cigna Medical Group and developer Clarius are ready to build.

DALLAS-The 1.3-million square-foot CBD office building, shuttered in early 2010, will undergo a large-scale, 125-million redevelopment.

PHOENIX-Cole Real Estate Investment’s acquisition of the 356,000-square-foot PetSmart HQ brings its 2011 investment total to $1.5 billion.

HOUSTON-AF Westchase LLC pays close to $10 million for Westchase Corporate Park.

COVINGTON, LA-Stirling Communities I LLC adds four properties to its portfolio for $17 million as it shifts acquisition strategies.

DALLAS-Prescott Realty and Bedrock Commercial Partners join forces to build Autumn Woods on the Divide; more developments to follow.

RICHARDSON, TX- Colliers is marketing Campbell Square and Spring Creek Business Center for a special servicer with one goal: Lease them up.