LAS VEGAS-The company says that despite the $3-billion project being 70% complete its value is little or nothing because the estimated $1.5-billion cost to complete it is at the edge of its value.

SAN FRANCISCO-Overall occupancy is up slightly from last quarter but rents on renewals and rollovers are down 3.9% from last year and same-store NOI is off by 7%.

SAN FRANCISCO-Overall occupancy is up slightly from last quarter but rents on renewals and rollovers are down 3.9% from last year and same-store NOI is off by 7%.

SAN FRANCISCO-David Ford, formerly president Asset Management Services is now charged with growing Grubb & Ellis' property management portfolio in Northern California.

LAS VEGAS-While the company's majority shareholder mulls its options, MGM Mirage will write off about $2 billion of lost CityCenter value.

LAS VEGAS-While the company's majority shareholder mulls its options, MGM Mirage will write off about $2 billion of lost CityCenter value.

SANTA ROSA, CA-The purchase includes the assumption of a $26.9-million first mortgage loan. The complex was reportedly built in 2003 for a total development cost of $44 million.

ENGLEWOOD, CO-Catholic Health Initiatives signs an 11-year lease for 100,000 square feet of an eight-story, 160,000-square-foot office building that is being renovated.