SAN FRANCISCO-Despite a surprise cut in interest rates this week, economist Kenneth Rosen warns the chance of a US recession remain high. The commercial real estate market likely will bounce back unscarred, however, concludes Rosen.

BOCA RATON, FL-Nearly 20 years ago, the TechCenter 051 Building became a focal point of top-secret high-tech research around the time the manufacturing giant began development of the personal computer.

DURHAM, NC-Salomon Smith Barney will be moving into new quarters in September, three months after the three-story, class A, 54,650-sf Valley View building is completed. The estimated value of the lease is $3 million. Durham is 140 miles northeast of Downtown Charlotte.

JEFFERSON CITY, MO.-Outgoing Governor Roger Wilson is proposing a river front museum, which will include an eternal flame to honor the late Governor Mel Carnahan. Paying for the $31-million project is the biggest stumbling block.