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COLUMBIA, MD-The REIT bought five office buildings totaling 314,594 sf, which are 98% leased. The purchase means Corporate Office Properties Trust now owns 55 buildings in the Baltimore-Washington corridor.

ASHEVILLE, NC-The process helps retail and other site searchers find potentially profitable areas for new business startups, according to the Asheville, NC company, 75 miles west of Downtown Charlotte.

BOSTON-Stream International Service Corp. is expanding its space at the Canton Commerce Center and Axcel Photonics has secured industrial space in Marlboro, according to CRESA Partners/Boston, which brokered both transactions.

HOUSTON-It's official: Hilton will be managing Houston's Convention Center Hotel. A 15-year contract has been signed for the 1,200-room facility, which breaks ground in the summer. Delivery is set for late 2003.

AUSTIN-The popular Alamo Drafthouse has signed a 10-year lease for its second theater location. Come late June, the owners will launch a second venue in the 17,000-sf Village Cinema in north Austin. First runs will continue.

LAGUNA WOODS, CA-A three-story medical building is planned for the 2.69 acres purchased by Mark IV Capital. The building is already 33% pre-leased with the completion of construction due by March 2002.

SAN DIEGO-Lend Lease Real Estate Investments Inc. has announced that it has acquired The Patrician, a 139-unit senior residence in the

CHICAGO-Despite vaults of available capital, lenders are taking cautious approaches to deals, members of the Real Estate Investment Association are told at the annual capital and finance market update.