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HOUSTON-Hendricks & Partners has Q1 2001 surging ahead of the numbers from last year. On a positive note, vacancy has come down nearly 2% points amid a decline in new deliveries. The average monthly rent is up 4.3%.

DETROIT-Occupancy in the Penobscot and First National Buildings has increased from 71% to 80% thanks to more than $20 million in renovations to the historic buildings by San Diego-based Capstone Advisors.

PHOENIX-In the latest economic study, commercial construction awards are nearly a third higher, $4 billion, in comparison to the booming early 1980s. That's the good news. Some economic indicators are falling short of projections, however.

LONDON-London agent Weatherall Green & has sold a majority shareholding to the French investor Groupe Vendome Rome, after nine months of negotiations.

SAN DIEGO-By the end of the year, the publicly traded, locally based company anticipates adding approximately 50 new retail sites in addition to administrative locations and cell-switching centers. Leap currently offers its flat-rate service in markets stretching from Charlotte, NC, to Spokane, WA.

LAKE WORTH, FL-New York-based Philips Lake Worth Corp. pays $7.6 million in cash, or $37.07 per sf, for the Palm Springs Plaza neighborhood retail center in this Palm Beach County community 59 miles north of Miami.

SCOTTSDALE, AZ-A Denver-based real estate investment group has paid $21 million for the 330-unit Joshua Tree Apartments in the city's northern tier. Seller Joshua Tree Holdings LLC of Calgary, Alberta, had owned the complex for four years.

SAN JOSE-"This has been the lowest level of activity in commercial real estate since 1988, but it also is a time that presents great opportunities for savvy tenants," Mike Michaels, a principal of CRESA Partners, tells GlobeSt.com.