LONDON- Transport Minister Keith Hill has given the green light to a new light rail system for South Hampshire.

WASHINGTON, DC-Locally headquartered Karchem Properties will advise the law firm of Shook, Hardy & Bacon in the construction of the law firm's new 600,000-sf build-to-suit headquarters in downtown Kansas City.

BOCA RATON, FL-The developer-operator of wireless communications towers reports a quarterly net loss of $23 million due partly to a $5.1 million writeoff of deferred financing fees. Total revenue, however, increased 74%.

SAN FRANCISCO-After experiencing increases in asking rates of between 45% and 80% last year, Cushman & Wakefield predicts that rents in the San Francisco and Silicon Valley markets will have dropped between 13% and 18% by the end of 2001.