BOCA RATON, FL-Danburg Management Corp. of Fort Lauderdale paid the New York-based insurance conglomerate $64.37 per sf for the six-building, 85%-leased, 386,046-sf Boca Industrial Park, 70 miles north of Downtown Miami.

LONDON-The Associated British Foods pension fund has bought Francis House, a 35,348 sf office building in Hills Road, Cambridge from Prudential to show a net initial yield of 6%

IRVING, TX-FelCor Lodging Trust has secured a $500-million loan facility commitment, in keeping with its takeover plan of Washington, DC-based MeriStar Hospitality. FelCor's $2.7-billion buyout is on track for a Q3 closing.

DENVER-With the sector's vacancy rate down a point to 4% and average rental rates up to $6.47 per sf, the local industrial market remains strong despite an absence of construction activity by local major developers.