NEW YORK CITY—With public-sector spending showing low double-digit growth, it'll be private-sector building of office and industrial that drives construction growth, says Fitch Ratings. 

PHOENIX—Glimcher Realty Trust and CBRE announce the first office lease for Scottsdale Quarter's new 170,000-square-foot, class A, mixed-use building in North Scottsdale. Located at the southeast corner of the high-end lifestyle center, the new, six-story tower will be the new home of Phoenix-based hospitalist group Apogee Physicians' corporate headquarters.

STAMFORD, CT—CBRE reports that Nina Santos Becker has joined the firm as vice president for retail services and will handle retail leasing in Westchester County, NY and Fairfield County, CT.

COPENHAGEN—Government hopes to guide correction by limiting interest-only and adjustable-rate mortgages along with steep refinancing.