DENVER-"Distribution services, transportation, tourism, technology and financial services will all likely experience improved performance in 2003," predicts Thomas "Chip" Clarke, president of the southwest region for Transwestern. For now, vacancy is 16.1% when sublease space is included.

RICHARDSON, TX-It's taken since spring to get all the puzzle pieces together on the sale of 2121 Glenville, a 20,645-sf office building in the Telecom Corridor. The brokers get a good price, but only after negotiating an early out on Ericsson's five-year lease.

SAN FRANCISCO-The San Francisco Redevelopment Agency pays nearly $10 million for a large warehouse in the city, which it will use to build a $65 million affordable housing complex.

LONDON-Australian property giant Lend Lease has chosen a Briton with no experience of property, construction or fund management to revive its flagging fortunes.