FLOWER MOUND, TX-With two structures under way, the 345,000-sf Parker Square in Flower Mound is adding a third building to its ongoing development roster. Ground will break by year's end on a 35,000-sf Health and Fitness Center.

ATLANTA-The two real estate services companies are merging their third-party management portfolios to form Spectrum Cauble Management Co. The new entity will manage a combined six million sf of office, retail and industrial.

EAST RUTHERFORD, NJ-Cushman & Wakefield report for the first half of 2000 paints a picture of owner delight and end-user difficulties.

MCKINNEY, TX-The Sterling Cos. of McKinney, TX, is spearheading developments in Ft. Worth and Houston of a combined 826 units under a fee development agreement with ARL, a regional REIT. Construction is scheduled to begin in four to six months.