WASHINGTON, DC-A $10-million cash infusion from Chevy Chase Bank, Adams National Bank and Riggs Bank assures progress on the City Museum, which is to be housed in the Carnegie Library after a $30-million renovation.

WHITE PLAINS-Smarts, a software development firm, has signed a 40,000-sf sublease deal for its corporate headquarters operations at 44 South Broadway here.

CHICAGO-Building Owners and Managers Association convention-goers get a downbeat forecast for the office and industrial markets during a panel discussion kicking off Asset Management Day. "What has happened today is totally beyond comprehension," observes Real Estate Media editor-in-chief Michael G. Desiato.

DALLAS-Nearly every pension fund adviser and industrial REIT put an offer on the table for the class A listing in Dallas-Fort Worth. RREEF collects the check from TIAA for about 1.2 million sf that has just 50,000 sf sitting empty.