CRANFORD, NJ-After the REIT's recent troubles, the news is finally good for its shareholders.

PLEASANTON, CA-A developing 19-acre office park here will have its own on-site power supply courtesy of a Sacramento energy firm. The first three 30,000-sf buildings in the development will be available mid-2001.

TACOMA, WA-Plans are being unvelied today for development of a nine-story Asia Pacific Cultural Center on a surface parking lot here. An APCC board member who works for Colliers International is working to close the deal.

FORT LAUDERDALE, FL-Construction is ready to begin on Las Olas City Centre in this city's Downtown area. Stiles Corp., which heads the development team and will handle all aspects of the venture, has preleased a substantial chunk of the new high-rise to Bank of America.