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LAKEWOOD, NJ-Prominent insurance exec will serve as qualified intermediary for commercial and residential real estate.

FAIRFAX, VA-Webmethods and Broadview Networks have preleased 72,852 sf at Pender Business Park, bringing the four-building complex developed by Trammell Crow almost to full occupancy. The speculative project's completion is set for this month.

SAN JOSE, CA-Software titan Cisco Systems says it will help two nonprofit groups raise $100 million to protect open space - so long as the groups agree not to sue them over its controversial proposed Coyote Valley project.

SAN JOSE, CA-Office construction is up 64% statewide, with most of the activity taking place in Santa Clara and San Francisco counties, according to a recent report by the Construction Industry Research Board, which is predicting "quite a bit" of a slowdown.

ORANGE COUNTY, CA-More residential construction projects are being insured using wrap-up insurance programs today, a product that has been a mainstay of the commercial construction industry for years. Still, most insurers will not approve wrap-ups on multifamily unless tied in with another product like

HOUSTON-Weingarten Realty Investors of Houston has named a new vice president of property management. Lois Robinson will assume responsibility for the operation of the REIT's entire portfolio, which encompasses 14 states.

RICHARDSON, TX-Today, Taqua Systems Inc. opens doors on a 46,000-sf software engineering and customer service facility in Richardson's Telecom Corridor. The move into larger quarters also means a staff expansion.

PORTLAND, OR-The timber company reports a better than 20% drop in third quarter profits to $6.6 million or 22 cents a share, and says it expects fourth quarter results to fall within the range of 18-to-23 cents per share.