IRVING, TX-Dean Schwanke, author of ULI's 2009 emerging trends forecast, says it will be three years before CRE cycles back. The beating has just started; the worst is yet to come.

FORT WORTH-The Western Insurance Building, with a front-row seat along Interstate 30, sells to Navika Capital Group of Jericho, NY. Occupancy was 98.5% at sale time.

DALLAS-Experts lay out the harsh reality of the US, Southwest and Texas markets at M/PF's annual conference. The good news is Texas is adding jobs; bad news is it's overbuilding, again.

FORT WORTH-The City of Industry, CA-based wholesaler becomes the first tenant at RiverPark Building B, inking a seven-year lease for its sixth distribution center in the US.

AUSTIN-The Northwest Hills prize, assessed at $22.89 million, drew 32 offers. The new owner will put $10,000 per unit into moving the class B to a class A for its value-add play.

SCOTTSDALE, AZ-First Financial Network sets Dec. 16 to sell the commercial loan stack of the failed First National Bank Holding Co. The 55 loan pools include seven gaming properties.

FORT WORTH-As the watchdog for a $33-billion economic engine, Hillwood adds some new strategies and retreats on construction to strengthen its position until the nation rebounds.

LONG BEACH, MS-Oreck sheds a just-delivered call center one year after it sold a 360,500-sf hub to ProVisions. The repositioning plan is expected to exceed $20 million.