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NEW YORK CITY-With speculation already running high that Cushman & Wakefield and Cushman Realty are talking merger, the announcement of an official C&W press conference has led many to believe it's a done deal.

DALLAS-Integra Realty Resources has its Top 10 picks for real estate investors. Dallas, Austin, Houston and San Antonio pull berths in suburban office, industrial, multifamily and retail. And, property values are up across the board.

CHELMSFORD, MA-The telecommunications industry claims yet another victim as Sycamore Networks, headquartered here, plans to lay off 140 workers and slow down its plans for a campus on a 100-acre parcel it purchased in Tyngsborough.

FLORIDA, NY-Governor George Pataki and Kmart officials report plans by the retailer to build a 1.6-million sf distribution center in Montgomery County, the largest private investment ever in this area.

KANSAS CITY-International engineering firm Burns & McDonnell announces promotions of four employees to the rank of associate vice president while Junk Architects PC hires three architects and two interior designers.

SAN DIEGO-Mission Federal Credit Union, which serves the area's educational community, has purchased two buildings for $3.22 million.

HOUSTON-A vintage clothing reseller, World Clothing Corp., has leased 18,000 sf of warehouse space in the city's eastern corridor. The new location is part of a 200,000-sf, multi-tenant warehouse park along Wallisville Road.

DENVER-A well-known bakery chain in California will open its first location in Denver within the next two weeks. It's the first bakery outside Il Fornaio's homeport. The 13,500-sf location already is lining up a new wholesale customer base.