LONDON-JP Morgan's Peabody Global Real Estate Partners has bought nine London office buildings from Security Capital for $210 million. It is the fund's second major purchase in London this year.

MIDDLETOWN, NJ-Telecom giveth and pharmaceuticals taketh away --as fast as the latter industry grabs up space, the former is making it available as its consolidation continues.

BOSTON-As yet another indication of the nature of the office market here, Pappas Industrial Properties decides to change its plans for the Court Square Press building here in south Boston from office space to residential space.

SEATTLE, WA-A local broker says activity in this submarket seems to have been paralyzed since Sept. 11. The good news: this segment of Seattle's industrial market has nearly a 98% occupancy rate with which to wait out the storm.