First Union Capital Markets Group has opened commercial real estate offices in the Southwest and Midwest and has wooed executives from two rival banking companies to run them.

The unit of Charlotte, N.C.-based First Union Corp. tapped Michael Spoor and Clay Wright, veterans of Banc One Corp., to manage the Southwest office, in Houston. Mr. Spoor was president of Banc One Commercial Loan Origination Corp., and previously was a managing director of Banc One's commercial mortgage servicing group. Mr. Wright underwrote commercial loans and portfolio management at Banc One.

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