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PHOENIX-NZ Corp. is pushing ahead on a merger plan with California-based Lipid Sciences. The long-time Arizona and New Mexico land investor has been selling its assets for about a year as the strategy unfolds to become part of the medical tech field.

WASHINGTON, DC-The company will host a live conference call to discuss its second quarter earnings at 4 p.m. on Tuesday, July 17. The call will be available in an audio Webcast on the company's site as well.

REDMOND, WA-Ahead of schedule, construction crews recently completed the steel topping out of the four-story, 214,000-sf class A office building being developed by Hart Properties along Highway 520.

AUSTIN-American Vantage is locked in talks to buy the 97-room Adventure Inn, part of an eight-acre holding at Horseshoe Bay. But, a company VP cites SEC regs as she maintains silence about the details for a 250-room hotel and conference center.

CORAL GABLES, FL-The locally based bank holding company is calling 697,117 in outstanding preferred shares just days after netting about $74 million on the sale of newly issued common stock. BankUnited is an active commercial real estate lender.

ST. PAUL, MN-The organization is Minnesota's largest non-profit developer and provider of affordable housing with 3,000 units in 40 projects in the Twin Cities. The new board includes two nuns and a community activist.

SAN FRANCISCO-The new lease by Huntsman Architectural Group at Shorenstein's 50 California office Building is one of few whole-floor deals signed in recent months.

AUSTIN-It's a slower industrial sector than last year in the state capital, but the numbers show that tenants are gaining ground in a historic owners' market. The sector is holding its own while bracing for 850,000 sf of sublease to free up in Q3.