DALLAS-Building costs, up .33% in Q3, will rise through year's end despite the tumultuous times, predicts Dallas-based Turner. It's a given that developers will table projects and others will stay alive. For Turner, the hard-hats are out in full force in NYC.

ORLANDO-Real estate investment trusts are gaining favor again, but liquidity could be a problem, depending on the amount of the investment. Two local property professionals offer their views to GlobeSt.com.

WASHINGTON, DC-The Jacksonville, Fla.-based company acquired the 118,300-sf space from Northwestern Mutual Life Insurance Co. for an undisclosed sum. The building is 99 percent leased.

PHOENIX-Tucson is the lone wolf of the Arizona cities, which have posted declines in hotel demand. Tucson's up 2.2% in occupancy while the statewide average has dipped to 67.8%, a drop of 0.4% below midyear 2000's rate. Room rates, though, are up statewide.