PORTSMOUTH, NH-A recent report by Lodging Econometrics, the locally based research division of National Hotel Realty, indicates that the pipeline for new hotel development has dropped to the lowest level since the early 1990s.

FREEHOLD, NJ-Proformance Insurance Co. will move into the 66,880-sf Monmouth IV, more than doubling its space from its existing 19,000-sf offices nearby in the process.

MIAMI-The Coral Gables, FL-based commercial and residential developer has named Tom Gillette regional manager to handle day-to-day operations and manage the company's 1,100-acre Bartram Springs residential project at Phillips Highway (U.S. 1) and Racetrack Road in Duval County.

SAN DIEGO-Two sales totaling $1.87 million for 131,975 sf of retail space have closed in the Winchester Meadows Shopping Center at the northeast corner of Winchester and Margarita Road in Temecula.