LONDON-Irvine Sellar's plans to build Europe's tallest office tower on the south bank of the Thames at London Bridge railway station received a further boost when London Mayor Ken Livingstone approved the scheme, subject to conditions about design and transport links.

TEMPLE CITY, CA-GRAE Longden sells Tasee Investments a 14,346-sf property occupied by Walgreen's Drug Store. The price per sf for the property is $421, which is considered within market value.

MIAMI-Equity Trust Group sold the 13-year-old, 216,128-sf, 80%-leased Uptown Downtown Outlet Center at Palm Beach County's busiest intersection to Sunrise, FL-based Jefferson Square Inc. for $6.5 million. The property has 149,484 rentable sf and is 70 miles north of Downtown Miami.

NEWTON, MA-Hospitality Properties Trust, a locally based REIT, closes a new revolving credit facility for $350 million. The transaction includes an option to extend the credit and to increase the amount to $700 million.