CHICAGO-The hospitality industry was hammered by the Sept. 11 terrorist attacks, while it's business as usual, albeit in a recession, for industrial operators. That's part of the sector report turned in at NAREIT's annual convention.

SAN ANTONIO-US Best Texas likes a 20,000-sf warehouse and distribution center so much that it just might buy it, says a broker on the deal. The consolidator's new center sits on five acres. Plenty of parking area and Loop 1604 access are strong selling points.

PHOENIX-Beall Trailers of Arizona is setting up a maintenance operation in a 19,400-sf building in the Freeport Commerce Center. Both sides of the deal are structured by Grubb & Ellis Co. brokers in Phoenix.

LONDON- New research shows that rents for houses and flats in the capital grew by less than 1% in the last quarter, showing the lowest annual growth for two years.