LOS ANGELES-The not-yet-completed building is 75% leased to Merrill Lynch, Nortel, Met Life, Chase Manhattan Mortgage, American Title Co. and Coast View Capital. Transactions are said to be pending for another 6% of the building

ORLANDO-Arvida Realty's Robin L. Webb sees the current rate slashing and low occupancy levels ending by next summer. Meanwhile, investment sharks are circling financially-strapped inns, waiting to reel in a big one at a bargain price, Webb tells GlobeSt.com.

LYNWOOD, IL-A building vacated by its bankrupt tenant goes up for auction Dec. 17 with Chicago-based Sheldon Good & Co. Auctions LLC. Besides potential local incentives, the site is near a proposed sports and exposition center.

LONDON-Liberty International has bought the 275,000-sf Kings Reach Tower on the South Bank of the Thames. The office block is the headquarters of struggling publishing giant IPC.