GREENVILLE, SC-The 10.5% level is the highest reported for the area since Carolina Real Data began tracking the local market in 1994. Low demand, new supply and weak absorption are being blamed.

SEATTLE-The Seattle Center Opera House will shutter its doors for the remainder of the season and next while the 74-year-old facility undergoes a $125-million facelift. During construction, performances will be held in the Mercer Arts Arena.

EDGEWATER, FL-Lake Mary, FL investor Thomas Krug has signed an agreement in principle to buy 60 waterfront acres from Volusia County for $3 million or $50,000 per acre ($1.15 per sf), 40 miles northeast of Downtown Orlando and 20 miles south of Daytona Beach.

HOUSTON-Four CB Richard Ellis brokers launch a tenant search for the flagship product in Panattoni Development's Beltway 8 Corporate Business Park. Panattoni is teaming with MetroNational on the 117-acre development.