LONDON-The UK economy was cooling even before 11 September, although there are no indications that the UK will follow the USA into recession. According to Lambert Smith Hampton this means lower rental growth for the foreseeable future.

AUSTIN-The rate of growth slows in the northwest submarket as sublease space grows in other parts of city. However, the northwest submarket still has 59% of the total sublease space in the market.

CHATSWORTH, CA-The 175,000-sf industrial park is aimed at manufacturing, assembly and warehouse users. Each of the five buildings is available for sale or lease.

BETHESDA, MD-Joint venture partners the Meridian Group and Northwestern Mutual acquire the Shady Grove Executive Center. The five-building office complex offers 570,000 sf of space and is currently 99% occupied.