BETHESDA, MD-A Bethesda REIT achieved its goal of raising its stock price in selling itself to a big California pension fund.

HOUSTON-Transwestern Commercial Services is adding tenant services to its Houston services, naming Rob K. Neblett as managing director of the new division. The move dovetails with Transwestern's national strategy to launch a full spectrum of corporate advisory services.

CHICAGO- The nation's largest industrial REIT has reached a preliminary agreement to sell its huge 50-property, Long Island portfolio to an undisclosed buyer. The trust says its eight-market, nationwide disposition plan continues to move forward.

FORT LAUDERDALE, FL-Developer E.J. Smoker & Associates reportedly plans an early 2001 start for a $15-million mixed-use project on Las Olas Blvd. The venture, combining townhouses, offices and retail, will be named Himmarshee Landing for the Himmarshee Canal bordering the site.