Globest Sectors

LONDON-The UK shopping centre sector saw a surge in investment activity at the end of 2001. The final quarter saw more money invested in UK malls than during the second and third quarters combined, according to DTZ.

SEATTLE-After a couple of years of negotiating, the YWCA and the private developer have exchanged parcels, each valued at $1.4 million. The land in question is located in Belltown, on the east side of Third Avenue, between Virginia and Lenora streets.

NEW YORK CITY-The former mayor pulled a behind-the-scenes Hollywood shuffle during his last week in office, quietly green-lighting a Staten Island movie-studio plan helmed by ex-mayoral crony Danny Aiello and a $40-million handout that could finally get cameras rolling at the Brooklyn Navy Yard.

ROCHESTER, MN-The architectural and engineering firm has tapped Gary Gray as head of the new office. The move is part of the firm's local focus, putting offices in areas where its clients are.

NASHVILLE, TN-The price and total amount of real estate involved were not disclosed in the 40-location acquisition by the Nashville operator.

MINNEAPOLIS-The firm says its new offices in Dallas and Newport Beach, CA will serve a national client base and help attract new business in the housing, retail, commercial development, environments for aging, education and justice markets.

SAN DIEGO-The San Diego chapter of BOMA has elected its new board of directors. Cybele Thompson, RPA of PM Realty Group and general manager of the La Jolla Executive Tower, will serve her second term as president.

LOS ANGELES-National commercial real estate services firm Studley has completed an office relocation deal for Salomon Smith Barney and represented Charter Communications in a build-to-suit purchase of an office center.