ARLINGTON, TX-The student housing REIT breaks ground on a 488-bed, off-campus project slated for completion in fall 2012.

PHOENIX-Twenty-two investors vied for the 173,529-square-foot Tatum Point Shopping Center. The sale is one of the largest since 2008.

FORT WORTH-Macquarie CNL Global Income Trust Inc. inks an agreement to purchase two class A office buildings in AllianceTexas.

PHOENIX-Second quarter data from Jones Lang LaSalle indicates the local office market has bottomed.

DALLAS-The new company, BH Capital LLC, will acquire performing and non-performing loans secured by commercial property and other assets.

RICHARDSON, TX-The telecommunications giant signs two leases for roughly 260,000 square feet at the former Nortel campus.

CHANDLER, AZ-Phoenix Packaging Operations LLC inks a five-year lease in a deal that will bring 100 new manufacturing jobs to the city.

AUSTIN, TX-The global law firm will relocate to the downtown office tower at 720 Brazos St. from One American Center.