AUSTIN--Longbow Real Estate Group, a new firm formed by local brokers Nick Nelson and Jim Young, has made its first lease announcement.

PARSIPPANY, NJ–Elmwood Park-based Langan Engineering is relocating to the newly redeveloped 300 Kimball Drive in Parsippany, NJ. An extensive capital improvement program that transformed the single-tenant building into a multi-tenant office facility has driven occupancy from 10 percent to 62 percent in a one-year period.

Join for drinks, food and great conversations with industry leaders when CRE // Tech heads to Austin before the SXSW Interactive conference . This regional connect will be a casual opportunity to connect on how technology will change the business of commercial real estate. The event will feature a one hour program where real estate leaders will pair up with technology innovators for an honest conversation about innovation in action. You'll learn what's worked, what didn't work, and how you can better integrate new technologies into your business.

PHOENIX—Capital Asset Management, Phoenix, announces the sale of The Forum at Gilbert Ranch office complex for $9 million.