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WOBURN, MA-The REIT paid $37.9 million for the one-year-old property, which had been developed by the Davis Cos.

WALTHAM, MA-The REIT has retained Trammell Crow as leasing agent for the six-story building, and plans to finish the project by late 2001.

BOSTON-After two years of delays, legislation exempts the $600-million mixed-use development from an onerous regulatory process.

SAN FRANCISCO-Seven commercial real estate veterans will drive sales and adoption across the nation for the locally-headquartered, Web-based property marketplace.

HOUSTON-It's the "Workplace of the Future," says Crescent, which is developing a 570,000-sf office tower in downtown Houston. The Crescent project's lead tenant is Ernst & Young, who has signed up for 127,000 sf for 10 years.

DENVER-A broker, lauded as Denver's best, says the city's Central Business District's class A vacancy rate hits a 20-year low. It's "absolutely perfect," he says.

HOUSTON-Houston's plans for a 1,200-room convention hotel advances, with city council naming the project's developer and architect. The goal is to have the structure completed in time to host Super Bowl XXXVIII.

SAN FRANCISCO - Cesar Pelli has been charged with the final design for Chase H&Q's new headquarters, which will be finished with dark green aluminum and glass.