DALLAS-It's a pretty good formula to keep the market stable: Construction's down, rent's up a tad and occupancy's high. All moves for a sound market, says M/PF Research in its Q3 analysis. Construction has slipped back to the good old days of mid-1997.

LONDON-Health club operator Esporta has become the first occupier to sign up at Stanhope and Morley Fund Management's PeopleBuilding development in Hemel Hempstead, Hertfordshire.

CHICAGO-David Wilhelm, former chairman of the Democratic National Committee, has become a consultant to neighborhood property owners who don't care for the Tribune Co.'s proposed renovations of Wrigley Field.

NEW YORK CITY-Standard and Poors releases it's good-news, bad-news view of the real estate world: REIT ratings are stable but the forecast is not; the CMBS market saw upgrades but the lodging industry will sap its strength.