AUSTIN-An old building is getting a $4.5-million makeover that will dress up the heart of Austin's CBD with 22,500 sf of office and retail space, When the work's done, only the facade will be original, say Colliers Oxford Commercial, which is in charge.

NEW YORK CITY-Last week's tragic events shifted the real estate industry's powerful engines into high gear. Offers of aid for displaced businesses continue to roll in.

BETHESDA, MD-This research firm has played an important role providing data to hundreds of clients in Manhattan that are trying to replace some of the millions of square feet of real estate lost in the terrorist attack on the World Trade Center twin towers on Tuesday.

CHICAGO-Horsham, PA-based GMAC Commercial Mortgage says insurance on its share of the $563-million loan it made on the World Trade Center in July includes coverage for acts of terrorism and damage caused by aircrafts.