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SAN JOSE - The newly-public maker of optical telecommunications systems is having Mission West Properties build it a 455,000-sf, five-building campus organize and centralize workers.

BLOOMFIELD HILLS, MI - First half diluted funds are equal to 1999.

ST. PAUL - Zeller Realty says it plans to reposition the downtown St. Paul landmark as mostly office space.

PHOENIX-Builders, other businesses try to stop tough statewide growth-control proposal.

PLYMOUTH, MN - The new unit of Christopher & Banks will offer large-sized women's apparel.

DENVER-Denver-based Point Comfort Development LLC is paying nearly $1.7 million for a 40-unit apartment complex, a 28-year-old development in northwest Denver. The selling price gets a boost from a 5% multi-family vacancy rate dominating the region.

PARSIPPANY, NJ-Morgan Stanley and Gale & Wentworth head group acquiring office property. Financing is structured to stabilize the property.

MIAMI-Local class A office rents may be up, but at an average $29.60 psf, they're still a bargain compared with rates in other large metro markets, a new CB Richard Ellis Inc. study notes.