Office

LONDON-New research from Catella shows prime West End rents have fallen 12% in six months. And the agent reports that the City market is off 8% over the same period.

DALLAS-Attorney Joe Geary challenges a 10-minute gap in a legal posting and the start of a meeting that resulted in Palladium's $43-million incentive package for its $600-million Victory project. Geary's clients want new votes by the TIF board and council.

NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.

WASHINGTON, DC-The recently shuttered Columbia Hospital for Women will likely be reborn as an apartment property now that the 230,000-sf facility has been put on the market.

NEW YORK CITY-Community Board One has fired the opening salvo in what promises to be a fierce battle over the proposed Edward J. Minskoff building at 270 Greenwich St. Board members say it's too big, too tall, and totally ill-conceived.

WASHINGTON, DC-The historic Army and Navy Club Building sells for $37.4 million to Chicago's Equity Office Properties Trust. Formerly the property of Dutch Metal Workers Pension Fund, the 100% leased, 170,000-sf structure is home to the 117-year-old club, as well as business tenants.

IRVING, TX-Archon Group's 100,000-sf headquarters renewal at 600 Las Colinas Blvd. pushes the 510,000-sf asset's sales team into action. The Dallas area has three trophies on the open market and two under contract or close to it.

SUGAR LAND, TX-Mission Equities of Texas secures permanent financing through Ohio National Life Insurance Co. of Cincinnati, thanks to the efforts of a loan originator with Houston's Live Oak Capital. The office building is 95% occupied.