RALEIGH, NC-The deal ranks among the largest national office property transactions this year, according to locally-based Highwoods Properties Inc. The REIT is contributing $7.5 million of developable land to one of the ventures. GE Capital Real Estate will be funding up to $276 million for the various projects.

BOSTON-Local developers are concerned over a recent series of state-funded studies that evaluate the potential development in communities across the state. Developers contend that the studies are unrealistic and could provoke a backlash against building.

AUSTIN-MVP.com, chaired by John Elway, is benching 59 employees in Austin and Boulder, CO in a regional office shutdown. The online sporting goods company will consolidate offices to its Chicago headquarters.