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PLANO, TX-CMC Commercial Realty Group finalized a lease with Cigna Corp. for a 204,000-sf building the Dallas-based developer will build at the Dallas North Tollway and Plano Parkway, just north of State Highway 190. Brokers say it is likely to be one of the largest office transactions in the Dallas market for 2008.
THE COLONY, TX-The Chicago REIT contributes $10.2 million of equity and Dallas developer contributes $1.1 million for proposed 287,967-sf retail project.
A slowdown in the growth in the industrial sector in emerging markets in Asia and Europe is a major factor in an overall downturn in global investment.