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PHOENIX-A joint venture has purchased a 10-acre parcel in a prime north Scottsdale location near the newly opened Loop 101 Freeway and plans to build a 100,000-sf office-condominium project.

DENVER-Despite contracts for 110,000 rooms, Denver-based STS HotelNet LLC will cut 35 jobs. The service provider delivers free online media and Internet access to hotel guests.

ATLANTA-EHCA hopes to get an OK from the state to serve the affluent, growing north metro population. The Emory Johns Creek Hospital would replace the 168-bed Emory Dunwoody Medical Center and the 294-bed West Paces Medical Center.

FT. WORTH-A mini-storage is tackling three building projects on nearly 20 acres, bought recently in the Riverbend West Industrial Park. Sutherland Investments is undertaking the projects as its inroad into the single-tenant industrial market.

NEW YORK CITY-Radiant has confirmed that it can pay for its planned acquisition of First Union properties and will be credited with the proceeds from the sale of the Huntington Garage.

CHICAGO- Management tells analysts to expect limited acquisition activity in the coming months as the nation's largest office REIT focuses on debt reduction. Equity Office reported per share 3Q FFO growth of 14.3%.

SAN JOSE, CA-Although city council approved the proposed campus in Coyote Valley, nearby cities and area environmental groups are readying for a protracted fight over a project they say is poised to wreak havoc.

WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment. If they succeed, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country.