TEMPE, AZ-B.J. Perryman gets a 7,750-sf building and a 2,000-sf tenant in the acquisition brokered by Grubb & Ellis and Johnson & Associates. The tenant is in place until October 2003, a key selling point for the buyer.

NEW YORK CITY-Governor Pataki, Mayor Giuliani and Mayor-elect Michael Bloomberg yesterday held a press conference to announce appointments to the recently created Lower Manhattan Redevelopment Corp.

BELLEVUE, WA-GE's Business Asset Funding unit inks the largest renewal in the City of Bellevue since January 2002. The building, owned by Unico Properties, remains 92% leased in a market with an average vacancy closer to 25%.

HOUSTON-Sperry Van Ness' national study ranks Houston in third place as a buyers' market, with an average selling rate of $24.90 per sf and 9.85% cap. The best advice is to check out the city's industrial product.