BOSTON-CB Richard Ellis purchases 101 Arch St., a 407,000-sf, 21-story building located in the heart of the city's financial district. The property is part of a portfolio the company acquired from Metropolitan Life Insurance Co.

WHITE PLAINS-Area commercial brokers expect the Westchester County office market to continue its slow but steady recovery in 2003, while Fairfield County will continue to experience some trouble owing in part to an overburdened road system.

TEMPE, AZ-The Arizona State University Foundation will occupy 50,000 sf while the remaining 70,000 sf will be leased to the university. Lincoln Property Co. is acting as the project developer for the five-story building, which breaks ground in July.

LYNNWOOD, WA-The $31-million facility's design is really starting to firm up, as the schematic of the building is now complete. Detailed design plans are currently being developed with construction of the project slated to begin in 2003.