DALLAS-The Dallas-Ft. Worth market, like the rest of the nation, isn't going to see a surge for months to come. In fact, say DFW executives, look for a lateral move for four to six months before it gets back to business as usual for the region.

IRVING, TX-Build-out begins this week on a 12,491-sf office spot in Royal Ridge Building 7, a CarrAmerica project. Moving in Feb. 15 will be newly signed tenant, First Health Corp., taking the four-building complex to 89% occupancy.

SCOTTSDALE, AZ-The demographics of North Scottsdale played its part in luring Los Angeles-based Westwood Financial to pay more than $15.5 million for the 102,733-sf Terravita Marketplace. After five years, it was time to sell, says the merchant developer.

CHANDLER, AZ-Brown Group Retail of Madison, WI has turned over the keys to an inline spot at Chandler Festival to its Famous Footwear brand. The shoe retailer gets an envious spot abutting Nordstrom's Rack in the 600,000-sf power center.

DALLAS-Dallas-based WorkPlaceUSA's annual revenue of more than $700 million earns it a spot on Forbes Magazine's 16th annual roster of the Top 500 non-public companies in the US. It's a bittersweet honor due to cutbacks.

CHANDLER, AZ-Private investor Jerry Fandytis of Townlake Enterprises is the new owner of Chandler's Goodwill Plaza. The retail-office combo, sold by Denver's SP Plaza Associates, is located along the high-traffic North Arizona Boulevard.

DALLAS-Insignia/ESG is the firm to watch these days in Dallas. The hiring spree continues to glean seasoned professionals from competitors' camps as the in-place team lines up a new 500,000-sf leasing deal with talks under way for another million sf.

PHOENIX-Inside sources tell GlobeSt.com that an eight-building portfolio brings about $22 million for JP Morgan/Sares Regis Group. After four months of talks, Lincoln Property walked off with the 723,940-sf prize portfolio in W. Phoenix and Downtown.