DALLAS—KONE, a global leader in the elevator and escalator industry, has committed to be the lead tenant for the $26 million first phase of AllenPlace, a master-planned, 22.5-acre, 700,000 SF, five-building Class A office park.

HOUSTON—CBRE announces that Memorial Hermann The Woodlands, Medical Plaza 1 received top honors in the Environmental Protection Agency's 2013 ENERGY STAR National Building Competition, which evaluated the energy performance of 3,000 buildings around the country.

PHOENIX—Southbank Business Center located at 3279, 3401, 3411 and 3421 E. Harbour Dr. in Phoenix was sold. Financial terms of the sale of the four-building, 108,285-square-foot industrial/flex property were not disclosed.

PHOENIX—Following a nearly $3 million renovation of the landmark US Bank Center in downtown Phoenix, Parallel Capital Partners has renegotiated nearly 100,000 square feet and more than $25 million in total lease consideration with existing tenants.

PHOENIX—The Desert West Region of Lincoln Property Company has advanced to the international “The Outstanding Building of the Year” awards competition for its management of the Arizona Game & Fish Department Headquarters in Phoenix.

DALLAS—Dallas residents now have the opportunity to “own a piece of the sky” as Dallas-based global developer and investor Harwood International will break ground on Bleu Ciel this fall. The new luxury high-rise condominium tower located in the heart of Dallas' fast-growing district of HARWOOD will include 158 luxury residences.

HOUSTON—Northbrook, Ill.-based Prime Property Investors has completed the acquisition of a 306-unit apartment community in the Houston suburb of Stafford within Fort Bend County, one of the fastest-growing counties in the nation, according to the US Census Bureau.

PHOENIX—GE Capital's Franchise Finance business announced today that it has provided $31 million to United Restaurant Group, LP in a combined sale-leaseback and refinancing.