NEW YORK CITY-The Japan-based insurance company signs a 15-year deal for one full floor and one partial floor at the Grand Central landmark property. The firm had a previous deal in place that fell through following the World Trade Center attacks.

DALLAS-Cogent Communications and Dallas' Allied Riser open as one on today's AMEX list. Washington, DC's Cogent adds 310 million sf to its portfolio and Allied Riser goes after extra shareholder value.

ORLANDO-Commercial and apartment loans in 2001 totaled $73.8 billion, a 19% increase over the $62 billion posted in 2000, the Mortgage Bankers Association of America reported to 4,000 attendees at the 12th annual Commercial Real Estate Finance/Multifamily Housing Convention at the Walt Disney World Dolphin Resort.

GARDEN GROVE, CA-Bill Grace, president of Southland Claims Service, pays $1 million for the facility. With a turnaround in the office market not expected until mid-year, it is these smaller transactions that have been keeping local brokers busy.