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NEW YORK CITY-After undergoing an extensive renovation, 48 Wall St. will be ready for occupancy in the coming month, and after signing a 10,000-sf lease, the building will hit the 50% occupancy-mark.

CHICAGO-Peter Block and Tamara Kos of Cushman & Wakefield's Chicago office have been retained by developer SoGO Partners to lease the remaining 40,000 sf in three buildings at Hubbard and Noble streets.

MIAMI-Locally based Terranova Corp. estimates overall office vacancies dropped in 13 submarkets to 10.56% in 2000 from 10.7% in 1999. The average asking rent increased to $22.04 per sf from $21.38 per sf. Average prices paid for office assets dipped by 2% to $80.46 per sf from $82.18 per sf.

MIAMI-Locally based Terranova Corp. estimates overall office vacancies dropped in 13 submarkets to 10.56% in 2000 from 10.7% in 1999. The average asking rent increased to $22.04 per sf from $21.38 per sf. Average prices paid for office assets dipped by 2% to $80.46 per sf from $82.18 per sf.

SHELTON, CT-Inrange Technologies has sold its property at 1 Waterview Dr. here for $5.5 million to a New Jersey-based real estate investment firm. The building totals 92,000 sf of space.

NEW YORK CITY-This signing brings occupancy in the 324,000-sf property to more than 50%. Cushman& Wakefield expect to lease up 10% of what's left before the building opens in the next 45 days.

WASHINGTON, DC-Zethus' online leasing and property management tools, scheduled to launch by June and backed by the Goldman Sachs Group, are aimed at tenants, owners and managers of commercial real estate.

HOUSTON-Signs are that it's going to be a hardy year for the city's industrial market, particularly in the northwest corridor. A 300,000-sf bulk warehouse distribution center is just one of several projects that's clearly a trickle-down effect from a new air cargo facility.