LONE TREE, CO-United Properties sets up the office in conjunction with the acquisition of a shopping center in Colorado Springs. The Minneapolis-based company plans to extend its reach in other property types after settling into its new office.

DENVER-McStain selects the Boulder-based architecture firm for its $20-million infill residential project. The KGA and McStain project is the first development announced for a portion of the 30-acre site owned by Houston-based Lionstone Urban Investments One.

CENTER VALLEY, PA-Sierra Management begins the first of three planned office buildings, aggregating 130,000 sf, within the 1,600-acre Stabler Center mixed-use development. The all-in cost, excluding site work, is about $100 per sf.

HOLLYWOOD-The Foster City-based developer will build a five-story apartment complex of 183 units with 13,000 sf of ground-floor retail space.