Property ∏σ and tensor products of operator algebras

In this paper, we introduce Property ∏σ of operator algebras and prove that nest subalgebras and the finite-width CSL subalgebras of arbitrary von Neumann algebras have Property ∏σ.Finally, we show that the tensor product formula alg ML1-(×)algNL2 = algM-(×)N(L1 (×) L2) holds for any two finite-width CSLs L1 and L2 in arbitrary von Neumann algebras M and N, respectively.