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PHOENIX-A group of economists are predicting the state will weather an economic downturn despite any fallout from California. Job and population growth will mortar Arizona's staying power.

ENGELWOOD CLIFFS,NJ-Commercial Developments International/East Inc. has topped off the construction of a three-story building--the first phase of a possible overall 500,000-sf project. The second phase will not begin until CNBC deems it necessary.

CHICAGO-Hyde Park Realty Company Inc. is accused by the US Environmental Protection Agency of potential violations of lead-based paint rules while renting 520 apartments in more than 40 multifamily buildings it managed.

ATLANTA-The median per-unit price so far this year is $55,096, up 16% over $47,589 last year, reports Marcus & Millichap. Garden apartment sales in 2001 now total $339 million, a 31% jump over last year.

LONDON-Delancey Estates has become the latest UK property company to quit the stock market.

HARTFORD, CT-Spurred by what opportunities a troubled retail market might afford, The Hutensky Group has formed a $200 million investment fund with the John D. and Catherine T. MacArthur Foundation to invest in shopping centers, GlobeSt.com has learned.

WALTHAM, MA-Polaroid Corp. sells its 56-acre campus here to the Davis Companies in a joint venture with Prudential Real Estate Advisors. The embattled instant photography company has been struggling to reduce its debt.

MINNEAPOLIS-Ted Leines will help hotel owners turn around their distressed properties and sell them for Colliers Towle Real Estate. The firm also will act as a receiver in foreclosure situations.