MIAMI- The potential return from investment in this product is spawning a new wave of luxury, multifamily-resort condominiums to meet the demand of an affluent segment of the society that wants all the trappings of luxury home ownership without the cost and upkeep. This is the first of two articles on the relatively new phenomenon in the South Florida shelter market.

SAN ANTONIO-Koontz McCombs has shelled out $21.9 million for the 256,137-sf Tetco Towers in the city's north central submarket. Mack-Cali on a disposition spree is looking for takers for two more San Antonio office buildings.

MIDDLETOWN, NJ-One of the proposed changes would reduce commercial space by half, but the community's governing body puts off formal changes for another two weeks. Locally-based Mountain Hill Group wants to develop 1.7 million-sf.