LOS ANGELES-The economic slowdown is finally hitting home. Fizzling dot-coms, telecoms and tech firms are creating a glut of sublet space, causing competing owners to offer concessions to land the creme de la creme of tenants.

NEWPORT BEACH, CA-The REIT continues to wind up its business, selling off another of the few remaining properties in its industrial portfolio.

DALLAS-Texas mettle is proving itself once again as metropolitan areas hold a steady course amid a sagging high-tech market. Executives say those that are alive are doing well, exercising caution and still leasing space.

PHOENIX-A 200,000-sf industrial campus in rapidly growing area of Glendale has been purchased by a local investor. The area is one of the tightest industrial market's in the Valley, with an vacancy rate of about 4.5%.