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PHOENIX--Campbell Motel Properties has purchased land to build a hotel in downtown Phoenix.

DALLAS-A broadband provider, with more than 11 million sf under contract in Dallas, yesterday added several more Ft. Worth buildings to its portfolio.

ORANGE COUNTY,CA-Boston-based high-tech company is moving its southern California office to Orange County.

MILPITAS, CA-The 15-building Crossing at Montague will have 468 units and is scheduled to be done by next summer. It is located at the intersection of Montague Avenue and Capitol Expressway.

SAN JOSE-Houston-based Belmont Corp. is developing a 137-unit assisted-living facility here called Belmont Village. Part of the reason: there are an estimated 75,000 city residents over the age of 75.

PEMBROKE PINES, FL-More theater closings could spell trouble for the shopping centers involved beyond the problem of filling hard-to-rent space. They could also trigger shutdowns of neighboring tenants that depend on theatergoers for much of their customer traffic.

NEW YORK CITY-While Secured Capital Corp. is headquartered in Los Angeles, the company has chosen to name two new senior managing directors and members of the Management Committee who will be based here.

EAST FISHKILL, NY-IBM Chairman and CEO Lou Gerstner and New York Governor George Pataki have announced that the Armonk-based computer giant will build a $2.5 billion semiconductor chip plant at the Hudson Valley Research Park.