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ATLANTA-Commonwealth Commercial Properties is breaking ground in May on Overlook Distribution Center, a 170,000-sf project on 11 acres along Horizon Parkway at Interstate 985. The estimated $60 million structure is targeting a November completion.

SEATTLE-A new suspension technology developed by the Seattle structural and civil engineering firm of Skilling Ward Magnusson Barkshire should support a planned new federal courthouse here in the event of an explosion.

DENVER-MSAS Global leases 43,063 sf at Stapleton Business Center, Applied Industrial Technologies renews 42,502 sf at the Havana Business Center and Gard' n-Wide Distributors stays five more years in 25,902 sf at 11633 E. 51st Ave.

LYNN, MA-Arbor Commercial Mortgage LLC funds second mortgages and loans to finance the acquisitions of properties here and in Cambridge and Everett. The New York-based company, which has a Boston office, services over $1.5 billion in loans.

DALLAS-The Billingsley Co. has signed Allstate Insurance as its first tenant in a newly finished 106,000-sf building at International Business Park. Allstate is in the planning stages of tenant finish-out and will move into 28,000 sf in October.

PHOENIX-Locally based Priority Investments has spent about $1.2 million to acquire the 40unit Mountain Manor Apartments in the heart of the Valley. The 25-year-old property brings a price below the per unit average for complexes of the same time period.

NEW YORK CITY-Funding for the transaction involving Ritz-Carlton hotels included $400 million from an international consortium of banks, $300 from Millennium as well as $100-million funding guarantee from Marriott International.

HOUSTON-Eight of the city's 16 submarkets are reflecting negative absorption, according to the latest Cushman & Wakefield of Texas accounting. The leaders are in the northwest. The soft market has yet to hit rental rates.