HOUSTON-Conservative Investments Inc. of Houston has secured acreage, on the market for some time, for a commercial and residential development. The plans are preliminary, but more land could be bought as the project develops.

ORANGE COUNTY, CA-The capital will be dispersed between the construction of new stores and the remodeling of existing stores in the region over the next three years. The company has already broken ground on an Albertson's store in Orange and is planning to remodel stores in various locations throughout the county.

LONDON-UK property is now the best performing asset class over one, two, three, four and five years according to Jones Lang LaSalle. At the end of March 2002 property was producing an annual returns of 7.8%, better than either equities or bonds.

NEW YORK CITY-Rubin Fiorella & Friedman law firm takes 10,536 sf at 292 Madison Ave., doubling the size of its previous sublease space and ramping up its staff from 30 to 60. The firm stays in the Grand Central Station neighborhood to retain the rail link to its White Plains office, which is also slated for expansion.