MONTCLAIR, NJ–The Pinnacle Companies will build a $35 million, eight-story boutique hotel in downtown Montclair called The MC that will be part of Marriott's portfolio of independent hotels, it announced at a planning board meeting here Monday night.

DALLAS—With supply tight and demand high, the Dallas office market is seeing 2008 levels of activity, Ed Pachecano exclusively tells GlobeSt.com.

PHOENIX—Prosper Marketplace, a peer-to-peer lending company, has taken a 17,998-square-foot lease for a new office at Airport Tech Center, 4127 E. Van Buren St.

HOUSTON—As West Texas' Permian Basin region continues to experience phenomenal growth and minuscule unemployment, Taylor Consulting, Inc. (TAYO) is making plans to move forward with a number of real estate acquisitions in the region.

PHOENIX—HFF has secured $6.5 million in financing for Discovery Point, a 183-unit, independent living community in Mesa, Arizona.

PARAMUS, NJ-The STAPLES store has moved two driveways down “Route 17 here to open a store with 6,500 less square feet and more efficient space and access, according to NIA National Realty.

PHILADELPHIA-In the latest of a series of high-profile deals to design mixed-use residential centers in transit-oriented areas, Keystone Properties and Mack-Cali Realty will create luxury apartments within the iconic Curtis Center office building here.

TRENTON, NJ-Pennrose Properties, housing officials and lenders proudly cut the ribbon on the new 204-unit Rush Crossings affordable housing project here last week, but no one was seeing the Trenton around it as a finished project - especially not the acting mayor.