LONDON-London Merchant Securities has added to its holdings on the northern fringe of the City of London with the Pounds 24.75 million ($38 million) purchase of a portfolio of properties on City Road, London EC1.

LONDON-New research from Focus Auction Guide Analysis underlines the boom in the commercial auctions market. The researchers calculate that the value of all commercial lots sold in the UK at auction rose by 24.6% to Pounds 699 million ($1.08 billion) during the first six months of 2002.

CITY OF COMMERCE, CA-Developer Overton Moore Properties of Gardena, Calif., plans the business park on a recently acquired 47-acre parcel in a joint venture with Dallas-based Crow Holdings.

TROPHY CLUB, TX-The 125,000-sf, two-building project gets a municipal green light. Ground will break in the fall on Cirrus Health's one-stop shop for medical services. About 70% of the office building has been pre-leased.