AUSTIN—U.S. Real Estate Investment Fund LLC (US REIF), a subsidiary of Intercontinental Real Estate, has acquired Burnet Flats in central Austin.

ALLENTOWN, PA—Duke Realty Corporation has purchased a 63.1-acre site on the east side of the Lehigh Valley where it will build a new speculative 1.1 million-square-foot, modern bulk industrial building to be available in late 2015 or early 2016.

PALM COAST, FL— The goal is to return to the 28.7-acre lot into a high-quality shopping experience. Will it work?

ORLANDO—Although Tampa's commercial real estate market is hitting on just about all cylinders, that doesn't mean there aren't still challenges.