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LONDON-Chicago-based firm sells the 290-room property it acquired in 1998. The hotel is in the Westminster district of central London, and includes two restaurants and 14,000 sf of meeting and banquet space.

SAN DIEGO-While only the shell structure for the $3.5 million Vista Centre has been completed, the 50,000-sf speculative office building in Temecula is already half leased.

WHITE PLAINS-Starwood Hotels & Resorts Worldwide reports that executives with the Reader's Digest Association and Pharos Capital Group have been elected to its board of directors.

ALAMEDA, CA-The 1-acre parcel is pre-approved for more than 100 luxury condominiums. The buyer is a partnership of The Riding Group LLC and Signature Properties Mission Bay of San Francisco.

LONDON-More than 75% of the rooms are suites, and even though the hotel is just a couple of years old, the new owner plans to make a substantial investment in enhancing the interior.

BLOOMINGTON, MN-Rick Torrance is part of United Properties' growing corporate real estate services division. He will work with new and existing clients who contract with United to manage their corporate real estate operations.

NEW YORK CITY-In the midst of the company's latest coup--the Cushman Realty merger--Bruce Mosler sat down with GlobeSt.com in an exclusive interview to discuss mergers, future plans, the economy and personnel losses.

WASHINGTON, DC-President George W. Bush's proposed budget addresses parts of the nation's "broken" housing policy, according to the National Multi Housing Council. The budget boost loan limits for FHA-based multi-family projects.