LAKE FOREST, CA-Saddleback Materials Co. signs the $1.4-million deal for a building that includes a one-acre yard for storage of the company's masonry and landscape products. A consolidation plan is the motivation for the 10-year lease.

MIAMI-The 16-story, 35-residence Blue Bay Tower will be located at 7927 to 7929 West Drive between Miami and Miami Beach. It will offer condominiums between 1,334 sf and 1,771 sf, pre-construction-priced at $333,900 to more than $500,000.

DURHAM, NC-The $20-million deal brings the value of three-year-old Dilweg's real estate assets to well over $100 million. Not bad for a firm that just a year ago owned only two small office complexes worth about $20 million.

ATLANTA-Otter Construction & Realty Co. is looking at a 2003 ground-breaking on a 94-unit project in Clarkesville, GA. Atlanta developer Steve Nygren also plans to start his 14-townhome venture--with retail and office--next year near Palmetto, GA.