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CHULA VISTA, CA-Steelwork is complete on the first phase of Gateway Chula Vista, an $82-million, 346,000-sf development on 4.5 acres. It will be the only property south of Downtown to have a class A office component.

ORANGE COUNTY, CA-Long-term forecast by Delta Associates predicts that local vacancy factor will drop to 10.4% in mid-2003 from 10.9% today. Shorter term, vacancies could rise as the economy slows.

FLORHAM PARK, NJ-Two of the Garden State's top homebuilders plan to play off each other's strengths to develop at least a dozen sites in New Jersey, most of them currently owned by Kushner.

LOS ANGELES-As LA's apartment market continues to sizzle, the Inland Empire is starting to heat up. It is now one of the top 10 tightest multifamily markets in the nation.

HYDE PARK, NY-Wilder Balter Partners, an Elmsford-based residential development firm, has completed its $9.5 million Heritage Pointe senior affordable housing community here. A host of dignitaries were on hand for a ceremonial ribbon cutting at the property.

LONDON-Prudential has bought the Cherwell 40 Distribution Park beside junction 11 of the M40 motorway in Banbury, Oxfordshire, off an equivalent yield of about 8%.<p>

ROUND ROCK, TX-Dirt's flying on Houston-based Martin Fein Interests, Lakeside at La Frontera. The 388-unit complex is Fein's second project in the development and comes on the heels of the Enclave reaching 50% lease-up.

MIAMI-Pittway Corp. pays $950,000 for three acres in Beacon Station at Gran Park in the Medley/airport north submarket where it plans to build 50,000 sf of class A industrial.