SUGAR LAND, TX-Constructions crews are revving up to start site work at a high-traffic intersection at US Highway 6 and First Colony Boulevard. The .53-acre tract will house a 5,000-sf Genesis Spa & Salon.

LOS ANGELES-Even as this wave of downsizing subsides, the effects will continue to ripple through the economy and adversely affect real estate markets. The first reliable evidence of a recovery will not likely materialize until the second half of this year, according to a report issued by Insignia/ESG.

VALENCIA, CA-An equity joint venture between the New York-based Patronis Group and Fairfield Residential has been formed to develop a class A, 230-unit, multi-family rental community in Valencia.

LONDON-The proposed London Tram system linking the inner suburbs of north and south London could create 12 million sf of new office development opportunities and create almost 80,000 new jobs according to DTZ Pieda Consulting