The number of hotels in Lower Manhattan has tripled since the 9/11 terrorist attacks, the Alliance for Downtown New York has found. The organization said this week that the number of rooms in their district, Lower Manhattan south of Chambers Street, has increased by more than 60 percent in that time.

Mark Carrell and Shirley Hawley have joined GPE Management Services, bringing nearly half a decade of combined property-management experience to the Scottsdale, Az.-based firm.

Bishop Square, which with 960,000 square feet of office space holds the title of the largest office property in Hawaii, is about to change hands. Santa Monica, Calif.-based Douglas Emmett Inc. has signed an agreement to acquire the premier complex for $232 million from Bishop Square Associates, a partnership involving Sacramento, Calif.-headquartered California Public Employees’ Retirement System (CalPERS) and Milwaukee-based Northwestern Mutual.

Already the largest international hotel operator in Greater China, InterContinental Hotels Group (IHG) plans to become even bigger in China — more than 50 percent bigger. The Buckinghamshire, England-headquartered company has just revealed pans to expand its 131-property portfolio in the country with the addition of 146 hotels over the next five years.

The S&P/Case-Shiller Home Price Indices had an up month in April, with the 10-City and 20-City Composite Home Price Indices increasing 4.6 percent and 3.8 percent, respectively, compared to the same month last year. No one in the residential real estate business is breaking out the party hats, however, since the uptick was widely seen as a homebuyer tax credit-inspired anomaly.

The four-story corporate headquarters office comprises 200,411 square feet and is fully leased through March 2018 to Nuance Communications, a software firm.

The 420-unit, Class A multi-housing community was completed in 1999 and features one-, two- and three-bedroom units.

Irvine, Calif.-based Essex Realty management has been tapped to manage the Zuma Business Center portfolio, which consists of three multi-tenant industrial and office business parks in Anaheim and Buena Park, Calif.

It’s a reversal of a trend. In the 1990s, lower fuel costs and greater land availability lured industrial center occupants and developers to greenfield sites. But the tide has turned.

Developer Granite Properties has announced several leases totaling more than 70,000 square feet at its office tower at Park Seventeen in Uptown Dallas, including 26,874 square feet leased by Colliers International on the ninth floor.