DALLAS-The final price isn't being disclosed, but the 707,900-sf Park Central III and IV has brought upward of $35 million. Seller HPG Dallas LP had been asking $45 million for the premier holding, which is now in the portfolio of Catellus Development.

CHICAGO-The third major office deal in the largest submarket brings the total volume to $99.5 million. While $18.2 million was more than twice what the sellers paid in 1997, 29. N. Wacker Dr. underwent major renovations.

DENVER-With the sector's vacancy rate down a point to 4% and average rental rates up to $6.47 per sf, the local industrial market remains strong despite an absence of construction activity by local major developers.

Mitchell S. Berkey, partner with Jenkens & Gilchrist Parker Chapin LLP. He concentrates on real estate transactions nationwide…