LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.

WASHINGTON, DC-In the wake of California's energy problems, the Building Owners and Managers Association International called Congress to ensure consumers and building tenants have access to fairly priced energy.

PHOENIX-It's been more than a decade, but now the Capital Mall area is getting a $65-million infusion of development with a 485,000-sf office project.

IRVING, TX-Sedgwick Claims Management Services has taken 25,451 sf in an expansion of its Dallas operation. Plans call for an April 1 occupancy. Sedgwick is the second tenant signed for the newly finished building. Just two weeks ago, America Honda Finance had moved into 65,000 sf.