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AUSTIN-A joint venture between AMLI Residential Properties and BPMT, a European pension fund, is making its fifth purchase in an aggressive acquisition plan backed by $425 million. The most recent purchase is a 487-unit JPI project.

NORTH HAVEN, CT-The five properties attracted interest from local groups who saw potential in the portfolio's 28% vacancy rate.

PHOENIX-Vacancy rate drops to 6.9% and could go even lower, despite the 5 million sf under construction.

ATLANTA-Miller Zell signs seven-year lease with renewal options at the new 55-acre property as developer M.D. Hodges Enterprises Inc.breaks ground on a second, 312,000-sf asset in south Fulton County near Atlanta International Airport. The estimated value of the lease is $12.6 million.

PORTLAND-The company expects to submit a design to the city in the next 60 days.

LISLE, IL - Firm will use its expanded space for product development.

HAYWARD, CA -- Bargain hunters will soon have a new destination, with a MacFrugal's discount store projected to open here this fall.

MAPLEWOOD, MN - New store will be more than three