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CHULA VISTA, CA-Investcal Realty Corp. snaps up the multi-tenant facility, which stands at 900 Lane Ave. in the Eastlake Business Center. Encompassing 18,782 sf, the building is currently 100% leased to eight tenants.
FAIRFIELD, CA-Travis Credit Union, a local credit union, has purchased a 30,374-sf parcel of land in Fairfield from Green Valley Crossings Shopping Center for approximately $700,000.
MIAMI-The 30-story, 163-unit luxury condominium tower is scheduled to break ground in the second quarter in downtown Fort Lauderdale. The office is located across from the site of the development, at 401 E. Las Olas Blvd., in the new Bank of America Plaza at Las Olas City Centre.
CASA GRANDE, AZ-The 28,000-sf office building, considered the town's premier property, is sold to an Arizona City investment group that used proceeds from a 1031 Exchange of an RV asset to close the acquisition.
TRENTON, NJ-The series of bills would give local municipalities more power to control development by imposing impact fees, transferring development rights and other initiatives.
SUNNY ISLES BEACH, FL-The 14-story, 88-residence condominium project is being developed here by J. Milton & Associates. The project is scheduled to be completed in June 2005 and the total sell-out price is $30 million.
SAN DIEGO-David and Helen Nguyen acquire the building from seller Matilda Barnett Trust. Located at 6517 El Cajon Blvd., the facility previously served as an auto body shop.
NORTH BRUNSWICK, NJ-In separate transactions here and in Cherry Hill, NJ, properties totaling more than 308,000 sf move into the hands of two private investors.