Globest Sectors

ABILENE, TX-The owner is hawking a six-property portfolio in two cities, citing investment interest in secondary markets as the driver.

PHOENIX-Now that it's won the deed, Baron Properties plans to pump another $2.7 million into upgrading its newest investment, the Alegria Apartments.

PHOENIX-The local firm will develop part of the land with office, industrial and retail and flip tracts to users.

HOUSTON-After owning the trophy since the 1980s, MetLife is selling the 1.7-million-sf trophy. The prize is predicted to top the $275-per-sf going rate of its CBD peers.

LUBBOCK, TX-Garfield Traub begins work on the 304-key Overton Hotel and 45,000-sf conference center, a critical and long-awaited anchor for the area's re-gentrification.

FRISCO, TX-Westwood pencils a November start for its part of Centre at Preston Ridge's phase two. With hotels rising and residential ready to go, Oakridge will add more retail.

LOS ANGELES-With market-rate housing at a stand-still, work force housing advocates and developers prepare for a plan that will keep their industry afloat.

SANTA ANA, CA-The new 52,000-sf Fourth Apellate District courthouse will consolidate all of the offices for its Division Three into one building.