PHOENIX-A local developer has purchased a parcel in the West Valley and plans to build a 400,000-sf distribution complex there. The area's advantages make it the pick in the Valley for the distribution industry.

MINNEAPOLIS-The association's STARR award, which recognizes personal excellence, goes to Kathy Ostertag this year. She has been with Robert Muir Co. since 1996 administering property management and leasing operations.

RALEIGH, NC-The Indianapolis-based REIT will add an 86,400-sf structure to its current Perimeter Park Business Center inventory of 2.2 million sf in 26 buildings in the vibrant Research Triangle/Interstate 40 submarket, 150 miles northeast of Downtown Charlotte.

LOS ANGELES-Two of city's best-known movie houses closed their doors on Thursday, but will re-open this summer as performing arts centers.