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PHOENIX-The 267-unit SylMar Apartments in northwest Phoenix has brought $10.5 million from New York-based Renaissance Housing LLC. Harsch Investment Corp. of Portland, OR is the seller in the freshly closed sale.

LONDON-The rate of increase in central London residential values has slowed, according to a new survey from Knight Frank. Unrealistic expectations among vendors are slowing sales.

VANCOUVER, WA-Retail sales totaled $366.7 million in the first three months of the year, a measly 1.4% increase over the $361.7 million rung up in the first quarter of 2000. In 2000, sales were up 8.5% from the year-earlier period.

SACRAMENTO-McClellan Business Park, a joint venture between Morgan Stanley Real Estate, Industrial Realty Group and Stanford Ranch, has just leased 800,000 SF of space to three major tenants, adding to 2.5 million sf leased to 67 tenants over the past 18 months.

LOS ANGELES-The property has been sold by a wholly owned subsidiary of Liberty Livewire Corp., as part of the company's efforts to consolidate its Los Angeles real estate portfolio.

BOSTON-The neighborhood of Brookline here in the city is suddenly faced with the possibility of being able to develop ten surplus acres owned by the state. The town has yet to decide what to do but it is its first significant development opportunity in years.

AUSTIN-In an ongoing disposition to reduce debt, St. Petersburg, FL-based Danka Business Systems has hawked its 9715 Burnet Rd. property. The site has been leased to Xerox since 1999 when it bought Danka Omnifax for $45 million.

ATLANTA-The three-year-old, multifamily developer names Bernard Felder, former senior vice president, Banc of America Community Development Corp., Charlotte, to head the new division.