MIAMI-FX Properties has acquired two sorting/distribution facilities from FX Properties Ltd. for $3.6 million, or about $60 per sf. Although buyer and seller are locally based, they are not affiliated.

WHITE PLAINS-While brokers are mixed as to whether the post Sept. 11 office market here should be characterized as unhealthy, most agree that demand for space has diminished as compared to last year.

CUPERTINO, CA-Last month, Mission West Properties sold a 77,000-sf R&D property located at 5713-5729 Fontanoso Way in San Jose to Cisco Systems for $15.4 million.

AUSTIN-Two developers find a niche in Austin's multifamily market, where there are 12,000 apartments under construction. South and Southeast Austin are lined up for 291 affordable housing units, a sharp contrast to the favored high-end product.