PHOENIX—The Cooke Multifamily Investments Team at Colliers International in Greater Phoenix completed the sale of a 2,759-unit multifamily portfolio for $168.5 million.

BOSTON—In Boston, DC and Philadelphia, density is the leading driver to new retail development.

FORT WORTH, TX—In this EXCLUSIVE Q&A, one locally based source says that for the most part, today's buyer relies on these sites extensively. Ninety-four percent of Texans shopped online when house-hunting in 2013, she says.

AUSTIN—The citywide vacancy rate has tightened to 9.7% in the Austin-area office market.

HOUSTON—Stephen C. Helms will be responsible for the launch of the company's merger and acquisition plans.

Yesterday, Zillow and Trulia, the two portals that dominate the online residential listing space, announced their possible merger. Residential brokers are shuttering.

PHOENIX—ICON Builders is breaking ground on El Rancho, located at 719 E Main St. in Mesa. El Rancho will combine affordability with the local artistic community to create a home for Mesa families.

PHOENIX—Cassidy Turley has been engaged by Greenfield Gateway Retail Investments for the marketing and leasing assignment of Greenfield Gateway in Mesa.