LONDON-New figures from researchers Property Data highlight the downturn in institutional property investment during 2001. But private and overseas investors more than plugged the gap.

ROCKAWAY, NJ-The division of TYCO International will use its newly leased space, located at a Reckson Associates Realty property, as a regional headquarters. GVA Williams arranged the deal.

INDEPENDENCE, MO-The firm, which provides a data exchange system for the commercial real estate industry, plans to expand into eight new markets, including Minneapolis. Lenexa, KS-based W. P. Love Partners has raised $7 million in equity capital in two years.

MIDDLEBOROUGH, MA-The town wants to purchase a 92-acre site here earmarked by a developer for residential units--including affordable housing. The town has first right of refusal on the land because of its tax status.