MORRISTOWN, NJ-The Florham Park, NJ-based real estate organization paid in excess of $2.7 million from Shelmar Holdings. The building is located at 181 South St., on the corner of South and James Streets.

LONDON-The UK property sector is well-positioned to survive the impact of a downturn in the US, according to new research from agent FPD Savills.

LONDON-Land Securities, Britain's biggest property company, unveiled a flat set of results for the year to 31 March 2001 with pre-tax profits down and NAV only slightly up.

WOODCLIFF LAKE, NJ-Mack-Cali Realty Program is introducing to its tenants, beginning with a recent breakfast at its 50 Tice Blvd. office building here, a new business products and services selection program.