TOMBALL, TX-Baker Hughes has launched construction on a facility on its 100-acre campus dubbed the Western Hemisphere Educational Center, with completion anticipated for early 2014.

PHOENIX-<b>updated content added</b>Cole Credit Property Trust III's board of directors rejects the unsolicited acquisition proposal from American Realty Capital Properties. CCPT III's pursuit of Cole Holdings is still on track.

HOUSTON-The Maryland REIT has big plans for the CBD hospitality asset, which includes a 191-room Courtyard and 171-room Residence Inn.

HOUSTON-Matthew Frey takes on the role of senior director of business development in the construction company's local office.

BATON ROUGE, LA-The LSU Board of Supervisors gives the go ahead for its foundation to build a new, $20 million headquarters, as well as approving a master plan for the mixed-use Nicholson Gateway.

FRISCO, TX-To better accommodate its growth, the healthcare business process management services provider broke ground on its new headquarters and service center.

PHOENIX-MIG Real Estate's Greg Merage tells GlobeSt.com that the region's rebound was one driver behind the company's acquisition of the Fairfield Inn &amp; Suites and the Holiday Inn Express &amp; Suites in Scottsdale.

HOUSTON-The REIT announces the pricing of $300 million of 3.5% notes, due in 2023, through an underwritten public offering.