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ORLANDO-Grubb & Ellis Co. is the first brokerage to pinpoint first-quarter weaknesses due to company downsizing, mergers and tenant relocations. The three million-sf southwest Orlando tourist submarket was hit hardest with vacancies of 21.4%.

PHOENIX-Trucking giant Consolidated Freightways, one of the nation's largest trucking companies, will open to two new terminals this month, one in Phoenix and the other in Texas, to accommodate the increasing traffic to and from Mexico.

IRVINE, CA-Sares-Regis Group, in cooperation with venture partner Citibank Private Bank, purchased a multifamily property in Phoenix for $15.3 million. The complex is 95% occupied.

PORTLAND-The plan calls for demolition of the former Keinow's building and a Rite Aid outlet in the St Johns neighborhood to make was for a 56,000-sf Safeway grocery store that will be set back from the street.

SAN FRANCISCO-Cisco is postponing expansion of two floors it occupies in Petaluma's Redwood Business Park, but the company is proceeding with development of 3.4-million sf in a Catellus Development Corp owned business park in Fremont.

SAN DIEGO-A new report from Marcus & Millicap found that the county's average apartment now rents for $943 per month, rising nearly 8.5% over the last year. Rents here now outpace inflation, according to the Deparment of Labor.

PHOENIX-A local real estate investment company has purchased an office building in the ever-tightening office market in Tempe.

ATLANTA-The locally based REIT boasts a 95% lease-up rate at two apartment communities in the Southeast, just as it launches construction on a new luxury 15-story high-rise apartment building in Washington, D.C.