FLORHAM PARK, NJ-The development and management company, which has been handling 16 million sf in the eastern half of the US for the telecom giant, gets the assignment for the rest of its administrative space.

MESQUITE, TX-The Dallas buyer, planning to buy about 2,000 units before the year ends, acquires its first deed this year, paying about $10 million to beat out the competition for the 39-building Garden House in West Mesquite. A $2-million rehab is revving up.

DALLAS-For the second time in six years, the North Texas NAIOP chapter names Hillwood as developer of the year. Ross Perot Jr. accepted the honor at this morning's breakfast, which featured Dallas Mayor Laura Miller as the keynote speaker.

PHILADELPHIA-The overall retail vacancy rate in the Philadelphia MSA is expected to crest at 9.3% this year, while rental rates climb to an average of $17.10 per sf, according to research from the local office of Marcus & Millichap.