HOUSTON-Two-year employee, John Nolan, becomes the first regional loan officer in Texas for Marcus & Millichap Capital Corp. His focus will be transactions in Texas' four metros and establishing relationships with local banks.

HONOLULU-With about 200,000 sf of net absorption during the year, vacancy rates on the island have dropped nearly a full percentage point to 2.69%, according to a year-end report by locally based Colliers Monroe Friedlander, a.k.a. Colliers Hawaii.

JAMES CITY COUNTY, VA-Ground has been broken for the development of a 100,000-sf distribution center for candy company Wythe-Will Distributing Inc. Liberty Property Trust is behind the $6.5-million development.

EULESS, TX-CNC Investments outdoes 20 others to get the Hunt Club, a class B property with a 92% occupancy. Sold by Aimco, the 20-year-old complex has monthly rents averaging $674 and units averaging 864 sf.