AUSTIN-Real Estate Development Services is tackling its first Austin project--the first of several Austin-area projects being planned by the firm.

SAN DIEGO-A local REIT sells prime industrial land it got at a bargain several months ago near Orlando International Airport. Excel Legacy Corp. adds $3.3 million to its coffer from the Florida sale while its affiliate, Price Enterprises, gains $26.3 million for two CA sites.

NAPLES, FL-Next to residential construction, retail development is the hot real estate market in Southwest Florida. So far this year, 420,000 sf of new shopping center space has been completed in Collier and Lee counties with several more projects in the works, about 120 miles west of Miami.

HOUSTON-The CE Ward Constructors construction company has changed its name to J.E. Dunn Construction--Houston. The Kansas City, MO-based Dunn Construction has had a majority stake in the firm for three years.