SAN FRANCISCO-Sedgwick, Detert, Moran & Arnold LLP will relocate next spring from One Embarcadero Center to a combination of direct and sublease space in One Market, a two-building 1.5-million-sf class A office complex on the city's waterfront.

SEOUL, SOUTH KOREA-The 253-room W Seoul-Walkerhill is the New York-based hotel company's third location outside of the US. In July, the company announced plans for two new W hotels in China. Including the US, there are now 19 W Hotels in operation, each owned and operated by Starwood.

SUNNYVALE, CA-The Staubach Co. division pays $396 per sf for two office buildings totaling 171,000 sf that are occupied by Yahoo Inc. and located across the street from the Internet company's main headquarters campus.

BEAVERTON, OR-Across the street from Continental Retail Development's 368,000-sf lifestyle center here called the Streets of Tanasbourne, Birtcher Development has begun work on AmberGlen Marketplace, a 25,566-sf strip center that is about 75% preleased.

RENTON, WA-The locally based developer takes out its Key Bank construction loan for the 188-unit Bristol Apartments at Southport with a 10-year, $24-million permanent loan from Freddie Mac.

HONOLULU-Retail vacancy statewide is 5.5% if you exclude one major mall that is 40% vacant while under renovation. Community centers have seen the most absorption.

SEATTLE-With few retailers willing to pay extra for underground parking, the would-be redevelopers of the little used south parking lot at Northgate mall are now envisioning an increased mix of residential uses.

TOKYO-Hundreds of Japanese commercial real estate executives will spend the next few days at Waseda University here discussing the need for global real estate standards with the president elect for the US-based Appraisal Institute and the current president of the Japan Real Estate Institute.