CHICAGO-The annual report of an Australian fund shows that, in the middle of frail demand for quality office spaces, the rate of vacancy at Franklin Center had increased to 20% on June 30 compared to that of 15.5% last year.

LOS ANGELES-Mark Farzan has bought various assets of Eastern Columbia building from Beverly Hills-based Kor Group for $5 million.

MIAMI-Northside Centre, LLC has assumed control over the Northside Centre located at 7900 N.W. 27th Ave. in Miami-Dade County.

MIAMI-Hollywood Radiation Oncology has inked a 10-year lease renewal for 8,360 square feet of office space in Hollywood at 6030 Hollywood Blvd., which includes an addition of 1,500 square feet to its earlier lease.

LOS ANGELES-Illi Commercial Real Estate has hired Sevada Hemelians, a marketing and leasing expert, to join its team.

BALTIMORE-Transamerica Life Insurance Co. has leased 140,500 square feet of class A office space at the 35-story, 530,000-square-foot office building at 100 Light St. in the City Center submarket of Baltimore.

CORVALLIS, OR-NuScale Power Inc. has leased an office space in Corvallis from IGT.

NEW YORK CITY-The Fourth Avenue corridor in Brooklyn's Park Slope section has failed to attract more street activity due to poor building design.