ATLANTA-The Boca Raton, FL-based real estate investment firm paid Ravinia Three Associates LP $125 million cash or $155.09 per sf for the 10-year-old, 31-story, 805,972-sf trophy office building in Atlanta's central perimeter submarket. The going replacement cost in the local real estate market has been tagged at $200 per foot.

MILFORD, CT-Byram Healthcare has relocated its corporate headquarters from Greenwich to 440 Wheelers Farms Road here and has established a major call center in White Plains, NY.

MINNEAPOLIS-The latest lease, for 7,500 sf, bring occupancy of Hines' new 690,000-sf building to 80%. Nick & Tony's Italian Chophouse will occupy the building's ground floor.

SCHAUMBURG, IL-Tenants have choices throughout the suburbs, but no more so than here, where the largest suburban submarket's vacancy rate soars past 20% to begin 2002. It could reach 25% here and throughout the suburbs, experts say.