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NEW YORK CITY-The architect and developer, who together have created some of the most notable buildings in the US, were honored for their work at the Guggenheim Museum last night (July 12).

CHICAGO-The third major office deal in the largest submarket brings the total volume to $99.5 million. While $18.2 million was more than twice what the sellers paid in 1997, 29. N. Wacker Dr. underwent major renovations.

PARSIPPANY, NJ-Although asking rents remain stable, sublet availability is reaching critical mass, causing some pressure on taking rents, according to a second quarter report about to be issued by GVA Williams-NJ.

PARSIPPANY, NJ-Although asking rents remain stable, sublet availability is reaching critical mass, causing some pressure on taking rents, according to a second quarter report about to be issued by GVA Williams-NJ.

ATLANTA-Teachers Insurance and Annuity Association is negotiating in the area of $80 million ($138.89 per sf) for the combined 576,000-sf Concourse 1 and Concourse 11 near the 21.9 million-sf Interstate 285/GA400 submarket.

DENVER-The real estate arm of Legg Mason, a partnership backed by Dallas-based Crescent Real Estate and Houston-based Hines Development, are ready to team with the city on developing the ski resort.

HOUSTON-With headquarters projects going in five major US cities and Paris, Houston-based Hines is undertaking its first job in Omaha. Hines is the development manager for the $260-million, 1.1 million-sf new headquarters for Union Pacific.

ATLANTA-The Houston developer and its deep-pockets partner from Fairfield, CT receive the official blessings of DeKalb County officials as dirt turns on construction of the 18 story, 400,000-sf tower scheduled for completion at year end 2002.