DALLAS-Panattoni Development and Prudential Real Estate Investors set up a deep-pocketed dowry for a development pipeline that starts with a 64-acre tract at Pinnacle Park in Dallas. Next up will be Los Angeles, Chicago or New Jersey.

MONTVALE, NJ-The wholly owned subsidiary of Japan's Daiichi, which is expanding its US presence, will use the space for administrative purposes. The company's HQ is located nearby.

SAN DIEGO-In further evidence that coastal office tenants are beginning to look eastward to more affordable climes, an investment banking firm has arranged a $12 million loan for the acquisition of an office building in Kearny Mesa.

DETROIT-The vacancy rate, with available sublease space included, almost doubles from last year, rising to 17.6%. However, Paragon Corporate Realty Services thinks the time is now for the upswing.