CANNES-London remains the world's most expensive city for office space, says a new survey by Healey & Baker. Tokyo is in second place and Paris moves up to third

NEW YORK CITY-Cushman & Wakefield executive vice president Jack Fraker predicts the industrial sector will be the first US real estate market to recover, fueled in part by consumer confidence. The office sector is projected to pick up soon thereafter.

WASHINGTON, DC-The 145,000-sf data center at 1501 N. Capitol St., SW sells for $6.2 million to U-Haul affiliate Five-Sac. The new owners will use the facility as a self-storage and truck and rental location.

COLLEGE PARK, GA-Hitachi Transport Systems has signed a new three-year, 102,000-sf lease with an estimated aggregate value of $841,500 at the two-building, 845,000-sf Majestic Airport Center I in suburban College Park, GA, near Hartsfield International Airport.