Development

BILOXI, MS-The developer plans to break ground by year's end on the 251-unit first phase of Revelay. At build-out, the project will add 380 to 390 units along the Gulf Coast.

HOUSTON-The local REIT pays $8.3 million for Pima Norte, a five-building office condo project in Carefree, AZ. The 50,000 sf will be leased rather than sold as condos.

DALLAS-Grubb & Ellis and the University of North Texas collaborate on a program to create an expert global team that speaks and understands supply chain language.

BILLINGS, MT-Foursquare Properties Inc. of Carlsbad is developing Billings Town Square as a regional power retail and lifestyle center.

SALT LAKE CITY-The duo will prepare the land for development, deliver a speculative 470,000-sf distribution center in late 2008, sell off some parcels and retain the remainder for future phases.

SANTA ANA, CA-Sukut Construction Inc. will build the roads and underground infrastructure on the 4,000-acre first phase of the 13-square-mile master-planned community.

LANSING, MI-Christman Co. renovates a former 10-story power station with plans to lease 182,000 sf in it and tack on another 120,000-sf building.

VICTORVILLE, CA-The joint venture of Orange County's Stirling Enterprises and Denver-based DCT Industrial targets small users in the new project.