OAKDALE, MN-Oakcrest Village will include a 30,000-sf medical office building, a 90-unit townhouse complex and 60,000 sf in retail buildings. The project is being developed by St. Paul-based MSP/Young/Oakdale.

NEW YORK CITY-New York has two new laws designed to spur apartment construction and extend tax abatements. The governor hopes the legislation will further promote the Downtown area.

WHITE PLAINS, NY-Starwood has submitted paperwork with the SEC relating to its proposed tender offer of $600 per unit for all of the outstanding limited partnership units of the owner of the 751-room Westin Michigan Avenue in Chicago.

ATLANTA-The government-owned and university-owned and occupied property area could open a new revenue stream for the locally based REIT, says David Steinwedell, chief investment officer, Wells Real Estate Funds.