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AUSTIN-With the availability of class-A office space, will tenants who had been forced into offices at industrial and retail properties actually move up the ladder? That's the question around town. Some real estate leaders say "no" and others say "yes.

ATLANTA-In the largest transaction of its kind in Nature Conservancy annals, the Department of Natural Resources paid the environmental group $20 million or $1,408 per acre (three cents per sf) for a 14,200-acre tract in the Chickasawhatchee Swamp.

ORLANDO-The Orlando Regional Chamber of Commerce recognized JCB Construction Inc., T&G Constructors Inc. and WBQ Design & Engineering Inc. for their growth, innovation and community involvement.

GLENDALE, AZ-A Chicago-based investor has paid $4.6 million for a 106,000-sf warehouse. The new owner plans to add a cold storage freezer to the warehouse, located in the heart of fast-growing Glendale. European Imports already has signed for 35,000 sf.

ST. PAUL, MN-Growth in some communities is hampered by a lack of local sewer, wastewater treatment utilities or public policy. That adds up to a tight supply of land, at least in the short term.

MIAMI-Two locally based Southern Facilities Development companies pay $9.25 million or $57,813 per unit ($52 per sf) for the total 160 units in side-by-side Blue Seas Apartments and Ridgewood Apartments in the airport west/Doral submarket in west Miami-Dade County.

AURORA, CO-Denver-based Harrison Hanover LLC offer units ranging in size from 720 sf to more than 11,000 sf, at prices ranging from $120 per sf to $137.50 per sf, plus the cost of interior finishes.

LONDON-British Land has launched its long-awaited securitisation, with an offering of bonds securitising the cashflows on 35 supermarkets leased to Sainsbury's.