WASHINGTON, DC-As Moody's puts 14 CMBS on the downgrade watch list due to insufficient terrorism coverage, the Mortgage Bankers Association implores the Senate to pass terrorism insurance legislation immediately.

ATLANTA-The locally based utility holding company reportedly got a bargain at $14.75 per sf, versus the midtown average of about $21 per sf. Its choice of the Midtown property is expected to help revitalize a market that has been soft for a decade.

AUSTIN-Talent Tree started moving over the weekend into a 2,000-sf office at the Livingston Building. The firm signed for five years at Koger Equity's 12-building Austin campus. It is relocating from Northpoint Centre II in the city's northwest submarket.

SAN JOSE, CA-Seven industrial and R&D brokers from Grubb & Ellis' San Jose office resigned on Friday and walked over to Insignia/ESG, which is currently expanding its offices from one-half floor to one full floor at 160 West Santa Clara St.