SHREVEPORT, LA-The 21-story office property is sold by California-based pension fund advisory firm Koll Bren Schreiber Realty Advisors to Santa Fe's BGK Equities III LLC. PM Realty Group brokered for the seller and snags the leasing and managing contracts.

AUSTIN-Inbound from California is Neogent, a software services company. Outbound is ProSoft Training, which is consolidating the headquarters staff in its homeport in Phoenix. Austin's net loss is about 16,500 sf.

ATLANTA-River Pointe Partners are negotiating with a national big-box retailer to anchor River Pointe II, scheduled to break ground in March on a site east of Interstate 575 about 20 miles north of Downtown Atlanta.

MIAMI-Leasing activity decreased significantly, the vacancy rate increased some, and net absorption was positive but weak at the end of 2002, with some of the worst results recorded in the larger submarkets, according to a recent report.