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ATLANTA-Indiana-based Renewed Property Management Group is asking Clayton County officials for a conditional use permit to build a $20-million, 256-unit multifamily complex on 58 acres; four commercial buildings on 12 acres; and provide 33 acres of green space.

LONDON-Investment buyers now account for a third of the residential property purchased in central London, according to a report from DTZ. Average house prices in prime central London locations look set to jump another 10% over recent gains during the next 12 months.

ORANGE, CA-The $1.4 million deal is for 22,932 sf at Orangewood Office Center. The 110,000-sf complex is 94% occupied.

LOS ANGELES-State Farm signs three-year lease renewal for 15,350 sf of office space at one of Arden Realty's buildings in a deal valued at $1.34 million.

FORT LAUDERDALE, FL-Shay Pope, a former tenant representative at Miami-based Larkin Schmidt Commercial, has similar duties in Crow's Fort Lauderdale office, 26 miles north of Miami.

SEATTLE-While vacancy rates eased slightly during the first half of the year, region-wide average annual asking lease rates rose by about $1.50 per sf to $22.88, according to the latest report from CB Richard Ellis.

WASHINGTON, DC-Average returns dropped to 15.8% last year from 19.1% in 1999, according to the Mortgage Bankers Association and the Stratmor Group. This year looks more profitable thanks to a boom in refinancings.

BOSTON, MA-Lend Lease US Office Trust, an Australian-listed property trust which specializes in US office real estate assets, acquires 1 Liberty Square here in the heart of the city's financial district. This is the Trust's first acquisition in the Boston market.