BEND, OR-Eight new office buildings were erected here in 2000, but net absoption was a record 131,000 sf and vacancy rates are at their lowest in years, says Compass Commercial Real Estate Service.

NEW YORK CITY-Just prior to Wayne Lagary of Julian J. Studley informing GlobeSt.com that 16,000 prime sf of sublease space will hit the market, an industry expert discussed how subleasing reflects the downturn of the economy.

INDEPENDENCE, MO-The six-month renovation has $10 million price tag. An additional $12.5 million will be spent on new exhibits over the next five years. It is the first major renovation for the museum.

NEW YORK CITY-The London offices of Insignia Hotel Partners have arranged for more than $10 million in debt finance on behalf of private UK investors who have just purchased the Caribbean hotel.