TEMPE, AZ-Pre-leasing is brisk at a 209,000-sf office building that's due to deliver in June 2002. McCarthy, the general contractor, and SunCor, the developer, already have signed up for office spots. Both will be relocating from Phoenix.

NEW YORK CITY-Congress packed its bags for the winter recess without a vote that would give the insurance industry the financial means to cover acts of terrorism. That presents a major problem for an industry where 70% of casualty coverage is up for renewal on Jan. 1.

LOS ANGELES-A recent poll says international buyers covet Washington, DC and New York the most, but the City of Angels also ranks high their list. San Francisco, Boston and Chicago get high marks as well.

ANDERSON, SC-Inland Retail Real Estate Trust, a buyer of shopping centers in Georgia and Florida, made its first foray in the Carolinas, buying the 223,211-sf Anderson Central Shopping Center. Inland Retail paid nearly $15.7 million.