TEMPE, AZ-Vedres Trust of SoCal grabs the deed to an office/warehouse building at 2249 W. Fairmont Dr. in Tempe. Seller VelociTel put the holding on the market after the economy forced a consolidation at its California headquarters.

SAN DIEGO, CA-The San Diego-based construction consulting firm has been chosen by the Los Angeles Unified School District to handle school construction management for an estimated $2-billion program. Gafcon is part of a joint venture team headed up by CCG and Harris & Associates that will oversee the construction of new schools on a case-by-case basis.

DENVER-Chicago-based Sheldon Good & Co. swings the gavel on 92 acres of vacant land in the business park. The $6.5-million minimum bid is about half the retail value of the land, says executive managing director Jim MacDonnell.

PHILADELPHIA-The Atlanta-based corporate travel company renews its lease for 9,757 sf in the 130,000-sf, class-A building at 1111 Chester Ave. in Downtown Cleveland. The property is 97.5% leased and the lead tenant is Ohio Savings Bank.