INDIANAPOLIS-Following the success of its recent $789-million industrial property joint venture, the giant office and industrial REIT is scouting partners for a similar office property joint venture.

DALLAS-Harwood International now counts Buckingham Palace as its neighbor, buying a 73,000-sf office project close to the royal residence. Rolex Watch Co., one of Harwood's Dallas tenants, is knighted as lead tenant.

AUSTIN-Prentiss Properties is adding 222,835 sf to Austin's market, but there's no room at the inn since it had been fully leased before yesterday's ground-breaking. The project gives Prentiss 850,000 sf in in a submarket with a 0.4% office vacancy.

DENVER-The metropolitan area's multifamily market is surprisingly strong, say analysts. Vacancy rates have declined, with absorption outpacing delivery better than two to one.