NEW YORK CITY-Consolidating its Midtown address, the law firm O'Melveny & Myers LLP has inked a 20-year lease for 206,958 sf in Times Square Tower. The firm is filling the space that was previously set to be occupied by Arthur Andersen.

COPPELL, TX-Masterguard becomes the first tenant at 802 Hammond in Koll Center Coppell, signing a five-year lease with a Feb. 4 move-in. The firm's Valwood building is in the path of the soon-to-break ground fourth phase of the George Bush Tollway.

SAN FRANCISCO-State Sen. Jackie Speier, (D-SF) has introduced a new bill that will provide much-needed renovation funds for California's mission properties without tapping into state funds.

BALTIMORE-First Union Tower--the 25-story, 380,0000-sf office structure that has held the address of 7 St. Paul St. since its 1985 completion--becomes the property of new owner Harbor Group International in a $50.2-million deal.