PHOENIX—Wood Partners will break ground in early 2014 on Alta Tempe, a 296-unit luxury apartment complex at University Drive and Dorsey Lane near the new Marina Heights.

PHOENIX—Cushman & Wakefield of Arizona announced that Chelsea Maddox has joined the company as Director of Brokerage Services, Healthcare Practice Group.

HOUSTON—Martha Turner Properties, one of the most successful independent brokerage firms here, has been acquired by New York City-based Sotheby's International Realty Inc.

NYCREW is proud to present Global Real Estate Trends in 2014, a panel discussion featuring Heidi Learner, Chief Economist at Studley, Jonathan Woloshin, Executive Director/Co-Head of Fundamental Research, UBS Financial Services, and Dennis Yeskey, Chairman of MIT's Center for Real Estate. The three will focus on the local real estate market, the national and global economy and the financial capital markets.

PHILADELPHIA-The Philadelphia City Council is looking to hire a consultant to ascertain whether there is a “higher and better use” for the city's utility Philadelphia Gas Works than privatizing it.

PHOENIX—Cushman & Wakefield announced Monday the hiring of Justin LeMaster and Mike Gilbert for industrial advisory services.

PHOENIX—Parkway Fountains, a four-story Camelback Corridor office building is getting a $600,000 renovation and being reintroduced to the market.

PHILADELPHIA-The REIT is drawing on findings from a Harris Interactive survey to raise its game for exciting retail environments across its portfolio.