ORLANDO-Although the vacancy level improved fractionally from the second quarter, there is still 821,427 sf of empty office, showroom and flex space among 58 properties with a total inventory of 6.3 million sf, largely in the south Orlando submarket.

Pension capital has paid too much attention to investing in areas that only create sprawl.

GREATER BOSTON-Preliminary third-quarter figures released by Torto Wheaton Research indicate that this area's office vacancy rates are edging closer to the national average. An analyst with the firm blames the high volume of construction.

SOUTHFIELD, MI-Boykin Lodging Co. of Cleveland spends a budgeted $5.5 million to renovate a 10-story hotel, which has changed from a Hilton Hotels property to a 239-room Embassy Suites following an exchange.