NEW YORK CITY-The Downtown incentives are working as another company moves to Lower Manhattan. Law firm Stern & Montana moves from 295 Madison to 115 Broadway and takes 26,294 at the gothic-style building.

MIAMI-The rise in asking rental rates is expected to continue next year, while class A property vacancy rates are expected to stay in the low double digits and class B/ C property vacancy rates should stay below 5% in 2004, according to a new report by Grubb & Ellis.

LONDON-Ansbacher Property Developments and Helical Bar have submitted a detailed planning application for a 350,000-sf office scheme on the Mitre Square island site bounded by Mitre Street, Dukes Place and Creechurch Lane in the city.

EAST LANSING, MI-Michigan State University will spend $61 million to expand and upgrade Spartan Stadium. Construction on the 80-year-old stadium here is to begin in November, with completion expected in time for the 2005 football season.