LONDON-Slowing take-up in the key West End market is putting rents under pressure according to Lambert Smith Hampton. Prime rents have already fallen by 10% and further falls are expected as businesses shed space.

CHICAGO-Following the dismissal of a bankruptcy petition that has been stalling a foreclosure auction involving 7.9 million share of Prime Group Realty Trust stock, the Paramus, NJ-based REIT seeks to enforce chairman Michael W. Reschke's resignation.

MEDFORD, MA-The Massachusetts Highway Department gives $12 million to the Telecom City project, a 200-acre, $750 million development located here and in Malden and Everett to improve its road infrastructure. Despite the current economic climate, the project is forging ahead.

LAKEWOOD, CO-Work commences on a $560-million project that will add 700,000 sf of office space, 1,300 residential units, a 215-room hotel to this city's fledgling Downtown. The project includes $165 million in public improvements.