CHICAGO-Parkway Properties, Inc.'s purchase of Two Illinois Center from Tishman-Speyer for $175 million--or $164 per sf -was lower than office deals this year even though at least one other deal may come in even lower.

DALLAS-Few office buildings have exchanged hands in the Dallas-Ft. Worth market. It's not so much the economy as it is an attitude "to hold what you've got." Many properties are in the hands of REITs and long-term investors, who aren't ready sellers, say execs.

SNOWMASS, CO-The Vancouver-based company will develop a long-awaited base village in the Snowmass Ski Area, which may include 600 to 700 condominium units, restaurants, retail shops and pedestrian walkways.

LONDON-Miller Developments and the Royal Bank of Scotland have been selected to develop up to seven million sf of mixed-use space on a former military airbase in Warrington, Cheshire.