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LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.

AUBURN HILLS, MI-The projects, totaling $40 million, could be casualties of a falling economy and bank purse strings that have tighten quickly when hotel developers look for financing.

SHAWNEE, KS-Special Occasion Dresses will open an 11,000-sf store this month in the shopping center at 75th Street and Quivira Road. Rick Hurst, with Block & Co. Inc., brokered the deal.

WASHINGTON, DC-In the wake of California's energy problems, the Building Owners and Managers Association International called Congress to ensure consumers and building tenants have access to fairly priced energy.

PHOENIX-It's been more than a decade, but now the Capital Mall area is getting a $65-million infusion of development with a 485,000-sf office project.

VISTA, CAOne of the largest owners and operators of grocery store-anchored shopping centers in Seattle says that none of its properties experienced any building damage in connection with Wednesday's earthquake.

BOSTON-The city prepares to sell a 37,000-sf parking lot it owns here. The parcel, located in the Downtown area, is one of the city's last large development sites and has attracted the interest of various developers over the years.

IRVING, TX-Sedgwick Claims Management Services has taken 25,451 sf in an expansion of its Dallas operation. Plans call for an April 1 occupancy. Sedgwick is the second tenant signed for the newly finished building. Just two weeks ago, America Honda Finance had moved into 65,000 sf.