WASHINGTON, DC-Marriott signs on to manage two new hotels in China. Both properties will carry Marriott's Renaissance Flag and are expected to open in the last quarter of 2002, and in 2004, respectively.

CHICAGO-When commercial real estate managers and leasing agents stopped laughing at stock buyers paying outrageous multiples, they discovered the laugh was on them if they had inked a deal with a erstwhile high-flying tech start-up.

DENVER-While the grocery chain is closing stores across the US, it plans to open as many as 10 in Colorado, capitalizing on retail properties' popularity with investors.

PHILADELPHIA-Brandywine Realty Trust moves its corporate headquarters from Newtown Square, PA to 30,000 sf at 401 Plymouth Road, a 200,000-sf property in Plymouth Meeting, PA. Two regional Pennsylvania offices, Fort Washington and King of Prussia, consolidate at the new headquarters.