LONDON-Central London office vacancy rates rose from 6.1% to 7.8% in the last quarter of 2001--a 28% increase in availability. Much of the space coming to the market is second-hand.

STAMFORD, CT-The Ashforth Company has acquired 707 Summer St., a three-story, 72,000 sf office building here for $9 million and will relocate to approximately 30,000 sf at its new property later this year.

BREA, CA-Irvine-based Snyder Langston breaks ground on the Evangelical Christian Credit Union, which is rising on Imperial Highway in Brea. The complex, which is being built in three phases, will eventually include four buildings.

LONDON-The Co-Op has won outline planning consent to redevelop the 1.7-acre Heathmans Yard site in Parsons Green, south-west London with an 84,000-sf office and retail scheme.