DALLAS—The office market absorbed more than 1.5 million square feet during the first quarter, while five projects totaling 1.3 million square feet were added to the market due to completed construction.

SAN DIEGO—The New Mexico company's latest transaction is part of a three-year, $3-billion acquisition strategy.

LOS ANGELES—The Port of Long Beach approves a $500,000 rebate fund to incentivize tenants to replace outdated and inefficient electrical equipment to help the port meet its zero-emissions goals.