TUCSON-Vacancy, now standing at 6.1%, is predicted to rise in 2003 as will rent, says Marcus & Millichap as researchers peer into the future. To help meet demand, another 750,000 sf will rise in the Valley.

WASHINGTON, DC-The Mortgage Bankers Association of America plans a meeting with US Department of the Treasury officials regarding implementation of the Terrorism Risk Insurance Act of 2002. MBA will raise issues that are of specific concern to the commercial real estate finance industry.

BURBANK, CA-The California Department of Justice signs an eight-year deal for new office space at an Arden Realty building in downtown Burbank, where room is available since the entertainment industry consolidated.

ROUND ROCK, TX-The appliance chain's fifth store in the Austin area will be in the 187,547-sf Renaissance Square along Interstate 35 in the suburb of Round Rock. A sixth Central Texas store is on the drawing board.