RICHARDSON, TX-The same investment team that bought Midtown's Phoenix has roped the class A Richardson Office Center II. Four more properties are being eyed for clients of Principal Capital Real Estate Investors of Des Moines.

THE WOODLANDS, TX-St. Luke's Episcopal Health System is planning ahead, adding 16 acres to a 24-acre holding in the Woodlands. The health system is under way on an 82-bed, 263,000-sf facility. An official says the buy builds in versatility for the future.

LONDON-Activity in the Central London office market is primed for a busy second half of 2001 despite uncertainty about the global economic outlook, according to FPDSavills.

DENVER-In 1999-2000, 32 net leased properties valued at more than $500,000 were sold while in just the first quarter of 2001 alone there have been half as many such sales.