Lehigh Hanson, Inc. takes 211,121 SF at The Point at Las Colinas in Irving.

SANTA MONICA, CA—The Macerich Company has announced results of operations for the fourth quarter up from year prior.

  GILBERT, AZ—Stephen Doyle, Vice President of McShane Development Company's Healthcare Division, says that the firm has broken ground for the new U.S. Department of Veterans Affairs Southeast Community Based Outpatient Clinic in Gilbert, Arizona.  The 60,000 useable square foot healthcare facility is situated on a well-positioned nine-acre parcel at 3285 South Val Vista Drive near South Market Street within the Val Vista Square business park.  Completion of the development is slated for Spring 2014.  …

DALLAS—Glass Tower, totally 1.4 million square feet was sold for $60 million. Mortgage holders said California investors defaulted on $84 million.

AUSTIN, TX—Four Rudy's Country Store and Bar-B-Q properties here sold for a premium in December.

PORTLAND, OR—$242 million in bond sale proceeds to fund new construction in the state's higher education system in his 2013-2015 budget. The state funds would augment the $390 million in loans.

SAN FRANCISCO—New laws would require thousands of property owners to upgrade older buildings. Repair bills could average $60,000 to $130,000.

Fourth Quarter Leasing Volume of 624,900 Square Feet; Fourth Quarter FFO and AFFO per Share Up 20.0% and 17.9% Over 2011, Respectively.