HOUSTON-The San Francisco-based owner of the 600,000-sf Mellie Epperson building is committing $15 million to upgrade and restore the downtown landmark. Everything from the terrazzo floors to the air conditioning will be part of the project.

SPOKANE, WA-Wesbild recently has sold several shopping center properties in the U.S. and Canada. Tom Sroufe, senior VP of Wesbild, tells GlobeSt. the company's Silverdale Plaza property is also now up for sale and is listed with CB Richard Ellis/Seattle.

PHOENIX-Pinnacle West Energy's announced Tuesday that it is increasing its capacity to meet the future power demands and deregulated competition in a growing market.

ENCINITAS, Calif.-The Lumberyard Shopping Center has been sold to 3D Investments for $11.4 million.