LONDON-Jarvis Commercial has let the 9,000-sf office element of its speculative mixed use development at Capability Green, near Luton in Bedfordshire.

SUN CITY, AZ-The 75-unit Carillons along West Royal Oak Road secures new capital for ENCOR-Sun City. Metropolitan Funding Corp. of New York City and HUD's Phoenix office arrange the 35-year loan at 7% interest.

SAN DIEGO-The City Heights redevelopment project near Downtown has seen its capstone project break ground--the nation's first regional transportation center, a $17.9 million, 60,000-sf facility to expected to educate people about the benefits of alternative fuel vehicles.

PHOENIX-Duane and Tamra Stepp of Taylor, AZ buy the holding at 1623 W. Denton Lane in Phoenix from local investor, John Jarzabek. The asset is situated in the northwest submarket, where vacancy is somewhat better than the metro average.