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TROY, MI-The new development will bring in a 45,000-sf office building and 140 condominiums in an already strong commercial and residential market. A 100,000-sf church also is being built on the 84-acre site.

NEW YORK CITY-On its 75th anniversary, the 686 rooms and suites of what will now be known as the Inter-Continental The Barclay New York, will have centralized air conditioning, telephones in the bathrooms and power and data ports in the guest rooms.

GILBERT, AZ-Private investors from Scottsdale have closed a $2.9-million sale of an industrial property in Gilbert. Carl Howell is taking title to the 30,400-sf office-warehouse from Norm Shaw in a CB Richard Ellis-brokered deal.

MEMPHIS, TN-CB Richard Ellis Inc. represented the Irving, TX-based investment management and mortgage loan company in the $55-million sale of two landmark, suburban class A properties totaling 500,000 sf.

LAKEWOOD, CO-MoneyGram signs a 10-year lease with Opus Northwest LLC for the $12-million facility, which "demonstrates our commitment to stay in the Denver area," says Phil Milne, president and CEO of MoneyGram's parent.

DALLAS-The first repositioned, re-branded top-to-bottom makeover of a North Dallas hotel has its joint venture owners already sizing up their next buy. Look for it to come in the Midwest or Southeast, says an Olympus Capital partner.

SAN ANTONIO-Two industrial companies are on the move in San Antonio. Gerloff has temporarily signed for three-fourths of a spec project while crews complete a facility at its home base. Meanwhile, Klinger has downsized to meet a changing business model.

ROUND ROCK, TX-Robert Wunsch Development has flipped the calendar for its construction start to Vintage Plaza, a 30,000-sf office project for La Frontera. The developer had thought work could get under way in July, but now it looks like August.