LONDON-Gleeson Properties has acquired a 9-acre site in Dalston Road, Carlisle, Cumbria, next to the Pirelli tyre factory and has agreed to lease to Pirelli a 130,000 sq ft distribution warehouse.

HOUSTON-ML Realty Partners outbids nine others for the Greenspoint submarket building that's fully leased to ExxonMobil for the next five years. An $8.2-million loan was floated for the buy.

LONDON-New research from Jones Lang LaSalle says the City leasing market is slower than at any time since its records began in 1984 with just over two million sf absorbed in 2002. The West End had its worst year for a decade with 2.5 million sf taken up.

CHICAGO-A search that took eight months and considered 80 properties ends with RBC Mortgage taking larger quarters--84,000 sf--a block away from its former location at 440 N. Orleans St.