WALNUT CREEK, CA-In an <b>UPDATE</b> to a previous story, a source says the sale represents the investor trend of looking for value-add office projects in the prime suburban office metros.

SAN DIEGO-The sales price reflects strong investor demand for well-located, high quality properties, says a source.

RIVERSIDE, CA-We got an <b>EXCLUSIVE</b> sneak peak at Lee &amp; Associates' Q4 report for the East Valley Market in the Inland Empire, which is “positioned extremely well,” according to the firm.

SEATTLE-Due to a shortage of homes for sale, according to locally based Redfin, there were steep drops in home tour requests and signed offers made in the month of December.

SAN FRANCISCO-Leading Situs' efforts in the target region is long-time industry veteran Eric Smith, who has been named business development leader. He will report to Kenneth Segal and Eric Lindner.

DENVER-In an <b>UPDATE</b> to a previous story, the Phoenix based firm, which recently paid $123-million for a retail center here, likes the Denver and hopes to buy more value-add in the coming year.

SEATTLE-Global investors will look to second-tier foreign markets for new investment opportunities, says locally based Colliers International.

SAN FRANCISCO-In an <b>UPDATE</b> to a previous story, Prologis and Norges Bank Investment Management closes on a 12.8-million-square-foot class A portfolio buy.