WEST PALM BEACH, FL-A group led by Node Com Inc. of Morristown, NJ has acquired the six-story, 75,000-sf Meridian Building at 326 Fern St. for $5.65 million ($74.67 psf) from local investor Albert Beriro who bought it two years ago for $2.3 million ($30.67 psf). The 145% jump in value of the Downtown property is attributed to the building's fiber-optic lines and telecommunications switches in demand by tech companies.

DENVER-Level 3 Communications Inc., which has just sealed a deal for an operation in Hong Kong, is developing a 500,000-sf technical hub in Needham, MA. The first phase - 314,000 sf - is to deliver in third quarter 2001.

PARSIPPANY, NJ-Crossroads Corporate Center is fully leased with signing of Internet and e-commerce provider.