WORCESTER, MA-Worcester Common is being renovated at an estimated cost of $5 million. City officials hope that the revitalization of this 5.2-acre parcel in the heart of downtown here will help rejuvenate the entire area.

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.

ATLANTA-Ravinia Three Associates LP sold one of Atlanta's most visible properties for $125 million cash. The 805,972-sf building is 43% empty.

DETROIT-The 36th District Courthouse is too close to the new $300-million Ford Field, itself on schedule to open in time for the 2002 season, and will likely get caught up in a wave of redevelopment, local officials and brokers say.