HOUSTON—Allied Realty has broken ground on The Retreat at Riverstone--a 249-unit apartment home community located in the heart of Sugar Land with a targeted opening of Fall 2014.

DALLAS—CBRE Dallas announces that Phil Puckett and Dave Anderson have been named Office Broker of the Year and Industrial Broker of the Year, respectively, by the North Texas chapter of NAIOP.

PHOENIX—The transaction will add 16 employees to Berkadia through offices in Boston and San Diego, in addition to Phoenix, reinforcing its nationwide presence in more than 50 locations.

HOUSTON—HFF has closed the sale of and arranged financing for City Park (formerly the Retreat at City Park), a 308-unit apartment community here.

PHOENIX—Kiewit Technology Inc., a wholly-owned subsidiary of Kiewit Corporation, and a provider of technology solutions for the construction and engineering industry, announces that the company will be operating as InEight Inc., effective immediately.

PHOENIX—KBS Real Estate Investment Trust III, a public non-traded real estate investment trust based in Newport Beach, has purchased Anchor Centre for $85.1 million plus closing costs.

PHOENIX—CBRE's Capital Markets group announces that it has secured financing on behalf of Real Estate Capital Partners for the financing of Crestone at Shadow Mountain Apartments.

FLAGSTAFF—Cassidy Turley announces the sale of the Timberline Village Apartments, a 168 unit Class “A” luxury apartment community built in 1997.