NEWTON, MA-In a series of eight separate deals, 260,000 sf of excess office spaceis taken off the market. The space at Riverside Center is being subleased by Macromedia Inc. and the lease deals represents $46 million in income.

ATLANTA-Peering into his crystal ball, John M. Leonard, vice president and regional manager of Marcus & Millichap's local office, sees new jobs, corporate expansions and business relocations happening in 2004.

HOUSTON-The insurance company will exit two floors or about 40,000 sf in a building bought about a month ago by Granite Properties. Highlands Insurance will head next door into 10,480 sf while its old address will become Granite Westchase.

PRAGUE-The London-based investor makes its first major investment acquisition in the Czech Republic, paying $22.9 million (Euro 19.2 million) for a fully-leased 108,000-sf office building here called Burzovni Palac and known as the stock exchange building.