DALLAS-- Turner Construction Co. held a Topping Out and lunch celebration yesterday to acknowledge those who played a role in the design and construction of Phase I at Hall Arts.

WEST PALM BEACH, FL—Property Group Partners reports it has been named manager of the CityPlace Tower office building here. The appointment marks a return to south Florida for the New York City-based company that formerly operated as the Louis Dreyfus Property Group.

SAN FRANCISCO—Interviewed on CNBC's <i>Fast Money</i>, Marcus &amp; Millichap's chief strategy officer said current household formation trends favor rentals, and therefore the REITs that own them.

PHOENIX—Faris Lee Investments has completed the $22 million sale of Watson Marketplace, a fully leased, 90,000-square-foot retail center located in Buckeye, a growing submarket 30 minutes west of Phoenix.