LONDON-The City of London has seen its biggest investment deal of the year so far with Hammerson's Pounds 219 million ($317 million) sale of 280 Bishopsgate to a private investor.

ATLANTA-The recession, 9/11 and the dot-com fallout have all impacted the area's industrial market. According to Dorey's, new construction has dropped significantly since 1Q 2001. Meanwhile, vacancies are up; rents are down.

EGG HARBOR TWP, NJ-Raymour & Flanigan recently acquired a 10.45-acre site for its latest unit as part of its plan to focus on South Jersey, metro Philadelphia and Delaware for expansion.

ORLANDO-Chicago-based General Growth Properties Inc., owner of the 28-year-old, 1.3-million-sf regional shopping center, seven miles north of Downtown Orlando, has contracted with AMC Entertainment Inc. to jointly develop an 18-screen movie theater that has been on hold for the past two years.