HOUSTON-Koger Equity makes good on a promise to close the acquisition of the 1.2-million-sf Houston property before the year ends. The takeover will push out a $12-million renovation of the class A office asset.

NEW YORK (Standard & Poor's) Dec. 5, 2002--Standard & Poor's Ratings Services today assigned its 'BBB+' corporate credit rating to Boston Properties…

ARLINGTON, TX-The East Coast buyer turns around proceeds from a multi-tenant office building in the New York City area. The idea is to build a net-leased portfolio to lessen the management load. Two Walgreens in Arlington start the ball rolling.

MARLBOROUGH, MA-Taurus of New England Investments Corp. sells 34 St. Martin Dr. for $12.2 million to Chicago-based RREEF, a pension fund advisors group. The 203,840-sf flex building is located in 495 Tech Center West. Most of its space has been converted to office use.