PHOENIX-In response to a worldwide economic downshift, Intel announced that is will delay construction of a 320,000-sf office building, but will move forward on completion of its $2-billion chip fabrication plant currently under construction.

MIAMI-The locally based real estate investment, finance and management company reports record earnings of $3.32 per share for 2000 as revenue grows by 26% to $473 million. LNR now projects $3.70 per share to $3.85 per share earnings for this year.

OLATHE, KN-This Johnson County suburb landed Grundfos Inc.'s North American headquarters and operations center, relocating from Fresno, CA. The first of two phases of the development in the Interstate 35/119th Street Technology Park will cost $4 million.

SAN ANTONIO-AutoTradeCenter says it's taking a $650,000 hit on a multi-property sale, including a San Antonio site, but it's going ahead with the deal anyway. AutoTradeCenter says it wants out of all land-based operations by year's end.