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CARLSBAD, CA-The firm shells out $15.3 million for the property, which is the fifth Carlsbad business park to be added to H.G. Fenton Co.'s portfolio. Completed in 2001, the industrial asset encompasses 73,480 sf.
SUGAR LAND, TX-The deal has been 21 years in the making, winding its way through legislative approval and passing to several state agencies before ending up in a sealed-bid sale last year. Newland will prime the land for resale for commercial and residential use.
NEWPORT BEACH, CA-The Nationwide Health Properties REIT secures the funding from Red Mortgage Capital Inc., the mortgage banking entity of Red Capital Group.
LOS ANGELES-The medical center rents the 50,000 sf of office space from JP Morgan Chase, which declared it as surplus after it acquired Dreyfus Online.
FULLERTON, CA-The transactions, involving properties here and in Huntington Beach, include an 85,700-sf multi-tenant building that sold for $6.3 million and a 20,900-sf building that sold for $2.3 million.
VAN BUREN TOWNSHIP, MI-The new headquarters for automotive supplier Visteon has been "topped off." The 1-million-sf facility is due to open in the second half of 2004.
WHITE PLAINS, NY-GHP Office Realty LLC secured more than 131,000 sf in renewal and new office leasing activity during the first nine months at its portfolio of office and flex properties in New York, Connecticut and New Jersey.