PHOENIX-Bob Olshan looks to "expand" his horizons as he joins a company with growth strategies for the Phoenix market and the rest of the Southwest. Olshan says the move culminates about a year of talks.

ATLANTA-AIG Global Real Estate Investment Corp. of New York along with Atlanta developer James F. Jacoby have signed their first two office leases at the $2 billion Atlantic Station with SouthTrust Bank for 95,000-sf and the law firm of Arnall Golden Gregory LLP for 135,000 sf.

CHULA VISTA, CA-The Corky McMillin Cos. has begun construction on Phase II of its master-planned community located within the Otay Ranch area of Chula Vista. The 215-acre second phase will consist of five neighborhoods, a church and a high school.

CHICAGO-Vacancy across the Downtown submarkets is 12.5% to 12.98%, according to reports by CB Richard Ellis and Jones Lang LaSalle, but the two firms differ on which way the trend is going.