PHOENIX-A Phoenix limited liability company buys a 94%-occupied industrial portfolio that has been sold for the second time in three years. Within 30 days, the new owner will be hanging a "no vacancy" sign, says a broker on the deal.

ATLANTA-Anticipating an industrial real estate comeback by year end, the Huntsville, AL-based developer is clearing a 16-acre site at the 1,500-acre Gwinnett Progress Center where a rear-load, 225,000-sf warehouse structure is scheduled for completion by spring 2003.

CHICAGO-The Morgan Park and Austin neighborhoods on the city's far South and West Sides are getting two-story, 43,000-sf police stations to replace outdated facilities. Their arrival also is expected to spur new retail development, especially in Austin.

GRAPEVINE, TX-A year of talking ends as Silver Lake Centre developers sign Craig Realty Group to steer an estimated $15-million retail component for the 52-acre, mixed-use project. The new player in town comes with a treasure chest of connections.