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SANTA CLARA, CA-The Silicon Valley commercial real estate firm is planning the launch of a one-stop "turn-key solution" shop for clients.

TROY, MI - Company will create 450 new jobs.

AUBURN HILLS, MI - New three-story class A office space will enter popular Auburn Hills market.

ORANGE COUNTY, CA-Park Electrochemical will remodel its Fullerton plant and another in New York.<p>

HUNTERSVILLE, NC-If town commissioners approve their proposal, local developers Tom Waters and George Maloomian will move forward with plans to build Carrington Ridge, a planned 446-home community here on a former dairy farm. The project envisions 327 single-family units and 119 townhomes.

ATLANTA-REIT's directors approve 50% dividend. The new shares will be distributed Oct. 2. The 25-year-old company will have 48.6 million shares outstanding. The stock is trading at $42 per common share.

SAN JOSE, CA-Internet switch manufacturer Alteon WebSystems announced this week that it has finalized a 10-year lease on two office buildings.

DENVER-A Denver developer is exercising her majority rights in a 300,000-sf center, recently completing a $2 million face-lift capped off by a name change for a 53-year-old retail spot once hailed as "the largest modern shopping center in the West." The $2 million project is designed to appeal to New Economy shoppers.