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FORT MYERS, FL-Locally based Grosse Point Development Co. is teaming with a Dutch developer to build a $250-million, 150-acre mixed-used project in Cape Coral, a fast-growing community 126 miles northwest of Downtown Miami.

DALLAS-A quartet of Bradford Cos. employees has exited to form a brand-new commercial real estate company. Maverick Commercial gets to office in the same spot as Bradford's North Dallas office, which is at corporate headquarters.

LOS ANGELES-A new report from Grubb & Ellis that looks at the impact of the state's energy crisis on the telecom real estate market suggests that the problem will be resolved before a tech exodus could take place.

AUSTIN-Stratus Properties is moving on a second office project in its 500-acre Lantana development. The $11.5-million undertaking is jumpstarted with a 77,500-sf, value office building, with class-A finish.

ANAHEIM, CA-The most recent report released by Voit Commercial Brokerage suggests that the county's industrial market is softening, but activity remains strong.

CHARLOTTE-The fourth-quarter 7.65% overall vacancy level could reach 10% or 11% this year before edging downward again, CB Richard Ellis Inc. analyst Ryan Clutter tells GlobeSt.com. Downtown's vacancy is only 2.17%.

MANSFIELD TWP, NJ-A local development partnership has re-activated plans for the high-tech/flex project, now named Riverwood Park, with 11 building sites being actively marketed. Only the construction of a 24,000 sf structure has been achieved to date.

CAMBRIDGE, MA-The New England Confectionery Company plans to relocate its manufacturing facilities from its 75-year old building here to more modern facilities. Despite speculation, plans for the company's building remain unclear.