HOUSTON-It's a departure from the norm for multifamily developer, Simmons Vedder & Co. of Austin. But, the location warrants a high-end high-rise instead of its usual garden-design fare. The 252-unit project is rising on the site of the Gulf Publishing Building.

WASHINGTON, DC-On an unadjusted basis, says the MBA, the application index increased 6.5%. The index reveals an increase of 297.8% compared with the same week a year ago.

HOUSTON-Division III Contractors races for a leased spot after being displaced from the southwest submarket when its 8,000-sf industrial building sells. Metal product is hard to find, but the broker closes the sale and relocates the tenant in one fell swoop.

STAMFORD, CT-GE Capital Real Estate and Kimco Realty Corp., have invested a total of $250 million in equity in a joint venture that will be looking to acquire "established, high-potential" retail shopping centers across the United States.