ARLINGTON, MA-The town signs a purchase and sale agreement with Lahey Clinic and Advantage Health to acquire an 18-acre parcel here. The town wants to expand medical services at the site--which once housed the former Symmes Hospital--as well as develop some housing.

WHITE PLAINS, NY-Starwood Hotels & Resorts Worldwide Inc. again expands its upscale W Hotel line with the W Walker Hill in Seoul, Korea. Scheduled to open in early 2003, it will mark the 20th hotel in the W line, the second in Asia.

DENVER-The Colorado Public Interest Research Group finds 10 development projects it likes, including the $4-billion redevelopment of the former Stapleton International Airport, in its "Smart Growth Hall of Fame.

ENCINO, CA-A private partnership acquires 32,000-sf office building at 16000 Ventura Blvd. Brokerage firm NAI Capital Commercial will move into the complex next year.