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RALEIGH, NC-Walnut Creek Business Park will comprise 1.3 million sf for office, distribution and light manufacturing purposes. Four service center buildings, totaling 250,000 sf, are also planned. Nine distribution buildings will provide more than 1 million sf.

SPOKANE, WA-WestCoast stock hit a 52-week low of $5/share yesterday, and the news isn't much better today. The company is reporting a 6.1% drop in net income for the third quarter due to higher interest costs, depreciation and amortization, income taxes and a one-time, non-cash charge.

BOSTON-Starting Jan. 1, two Massachusetts-based associations will come together, forming the state's second largest industry-based group.

FARMINGTON HILLS, MI- Third Quarter results from Agree Realty Corp. showed lackluster growth in FFO on a revenue increase of 9.3%. The shopping center REIT's paypout ratio fell slightly.

ATLANTA- The developer hopes to break ground next year if it can sign a lead tenant to 150,000 sf. The owner of the planned 18-story tower and 3,000-vehicle parking deck will be Teachers Insurance & Annuity Association of New York which has had equity interests in Concourse products since the early 1980s. The site is 15 miles from Downtown.

TROY, MI-Popular national eatery will go into Northfield Office Park. The Hayman Co. is spending $5 million to renovate the building.

LEXINGTON, MA-Software maker abandons Boston CBD for 56,000 sf in the tech center.

DENVER-Just how good are the times? Members of the Society of Industrial and Office REALTORS. will get a chance to find out at the annual fall conference, which begins tomorrow at the Adam's Mark Hotel in Denver.