LONG BEACH, CA-The Garden Grove, Calif.-based real estate investment group buys the 275,972-sf former John Hancock Life Insurance headquarters, which sits on land owned by the City of Long Beach.

LONDON-London Electricity Group has agreed terms with south west-based developer Rokeagle to develop a new 128,000-sf regional headquarters and call centre on the Exeter Business Park in Exeter, Devon.

DALLAS-Grubb & Ellis' Dallas researchers say 2.2 million sf of leased space is up for renewal this quarter. That coupled with continued corporate cuts make for a somber third quarter start for the Dallas-Fort Worth office market.

ROCKVILLE, MD-The Patronis Group and Nanjemoy Investment LLC join forces to acquire the two-building Metro Executive Park in a $17-million deal. The structures offer 123,000 sf of office space, in addition to a site on which a 79,000-sf building could be constructed.