NEW YORK CITY-The architectural firm designed the landmark building it called home, but as asking rents ticked upwards of $80 per sf, it opted to find more affordable digs and chose a spot where the asking rate is $36 per sf.

LA QUINTA, CA-Slated to encompass a total of 52,963 sf, this affordable housing community will provide a total of 80 apartment units for the senior community here. It is currently scheduled for a September completion.

HOUSTON-Test Inc., a supplier of wellhead equipment, systems and services, signs for an under-construction office/warehouse in the Avondale Business Park. The building should be ready to occupy in January 2005.

WASHINGTON, DC-Big money changes hands as a partnership involving Shorenstein Co. and real estate investor David Warner takes over ownership of the 330,000-sf trophy office building at 1111 Pennsylvania. It is rumored that the transaction is valued at approximately $156 million.