PHOENIX-An area of the Valley that has been the most active for office development during the past two years is getting yet another speculative project.

HOUSTON-Two CBD fire stations, forced to vacate the premises, have found a home. Two leases have been signed and renovations completed for the new accommodations. A fire department construction team also added a structure for equipment.

SEATTLE-Colliers International's first-quarter vacancy rate survey shows a figure of 7.8% for Downtown, more than double the 3.5% recorded at the end of 2000. The amount of sublease space also has nearly doubled.

LOS ANGELES-Neither firm will comment, but one former Cushman Realty exec says a deal is in the works. Rumors about a combination began spreading in brokerage communities on both coasts last week.