AUSTIN-The state capital's international community has added corporations from India and Germany in a growing trend by overseas firms to select Austin for their US headquarters. The city's lure may help keep its market afloat in the event of a recession.

ORLANDO-Inland Retail Real Estate Trust Inc. of Oak Brook, IL paid Columbia Promenade Associates of Winter Park, FL $7.3 million for the fully leased 65,870-sf Columbia Promenade Shopping Center in Kissimmee, FL, 20 miles south of Downtown Orlando.

WASHINGTON, DC-Tishman Speyer Properties plans to break ground this

PHOENIX-Local developer Steve Ellman has closed on his purchase of the Phoenix Coyotes, which will allow him to begin development of a $575-million mixed-use center that will have a new ice hockey arena as its cornerstone.