TETERBORO, NJ-Forsgate Industrial Partners will reposition the 48-year-old former warehouse building as a state-of-the art speculative property with 34-foot ceilings. It was originally constructed as a warehouse facility for Bigelow Carpets.

CHICAGO-Investors and developers looking to finance suburban office buildings or fashion retail projects beware: Lenders are casting a cautious eye at financing those deals despite the current environment of low cost capital.

DALLAS-Money is still there to be had for Texas projects, say commercial real estate professionals. It's a little tighter than last year, but it's just caution on the part of lenders, who are keeping the state in check for the future to avoid reliving the past.

FAIRFAX, VA-The Prosperity Business Campus here, consisting of four office buildings and eight flex-space buildings, has been purchased for $88.4 million. The buyer is California-based PS Business Parks Inc.