SAN FRANCISCO-Calling it a "standard for others to follow," the 134-year-old London-based Royal Institution of Chartered Surveyors gave out its first award for a U.S. project to AMB Property Corp. for transforming an abandoned sugar warehouse on San Francisco's waterfront into a class A office building.

NATIONAL CITY, CA-Work is under way on a $20.3 million project to make the city's bay and wharf more accessible to transport ships. The wharf is at the foot of 24th Street and leased by auto importer Pasha Services, which reportedly brought more than 330,000 cars through the area last year.

BOSTON-A recent seminar hosted by the National Association of Industrial and Office Properties indicates that the area is not offering real estate investors many opportunities. Sellers here are not willing to drop their prices and investors may consider taking their cash elsewhere.