NEW YORK CITY-Local real estate and travel services firm will acquire the Greenwich, CT-vacation timeshare developer's common stock for $3 per share plus an additional $13 million for the company's preferred stock.

RICHMOND, VA-Insignia Thalhimer is buying Chesapeake's Garman Biesecker Commercial Inc. Biesecker manages about 250,000 sf of commercial industrial space. In 2000, Garman Biesecker completed deals valued at more than more than $21 million.

WASHINGTON, DC-The District tries to return to the business at hand as Mayor Anthony Williams gives a status report on development projects. Most notably are the $14.1-million renovation of Downtown's Mather Building and the construction of the Newseum's new home.

PHOENIX-The international law firm of Squire Sanders& Dempsey will be occupying 84,377 sf at Two Renaissance Square in Phoenix's CBD. The long-term signing takes the 456,373-sf high-rise to 98.5% occupancy.