LONDON-Hammerson has sold three office properties in central London to a subsidiary of private investment group Fordgate, for a total of pounds 122 million ($205 million).

SARASOTA, FL-The Cheshire, CT-based manufacturer of fire alarm and security systems plans to occupy the 110,000-sf building at the 5,500-acre Lakewood Ranch mixed-use development in November 2004. About 170 employees will initially staff the facility.

ATLANTA-Far from being categorized as a robust market, the city's 80,000-room hotel inventory, nevertheless, is showing signs of improvement but won't be on solid ground until 2004 and 2005, a new Marcus & Millichap study shows.

LONDON-Alfred McAlpine Developments has unveiled one of the largest industrial developments in the West Midlands in recent years. The Brook Point industrial park in Wolverhampton will extend to 740,500 sf.