NEW YORK CITY-Most of the upgrades resulted from increases in subordination levels resulting from paydowns. Downgrades affected the health care industry, retail factory outlets, credit tenant lease deals and limited service hotels.

REDMOND, WA-When complete, the four-story building will bring the software giant's owned space on the Eastside to more than 5.1 million sf. Add in leased space and the number rises to more than 8.6 million sf.

CHARLOTTE-Construction lags somewhat but most of Charlotte's 31 million-sf retail inventory is keeping its value, Lincoln Harris brokers tell GlobeSt.com as international shopping center developers open conference here March 19.

DALLAS-Steve Everbach has departed Cushman and Wakefield of Texas as asset director, heading to Lazarus Property as COO. It's a chance, says Everbach, to be a principal. C&W executives focus on the upside.