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LIVERMORE, CA-Two multi-tenant industrial-office parks encompassing a total of more than 200,000 sf have changed hands over the past two months. The new owners hope to increase NOI by raising rents as tenants rollover in the next few years.

CLINTON TWP., NJ-Kushner's 221-unit rental townhouse project has begun construction at the same time that Pulte's proposed 911-home project is unanimously turned down by the planning board.

LOS ANGELES-Frenkel of California Inc. is the second tenant to sign on at Ernst & Young Plaza in the last month. In May, Lockton Insurance Brokers inked a 10-year renewal lease for 47,984 sf at the TrizecHahn building.

ARLINGTON, VA-A study has been released that calls into question the shortcomings of the system for promoting homeownership and points to the negative tax impact on low-income households. It calls for further examination of the issue.

NORTHLAKE, IL-The Oak Brook-based REIT buys 505 N. Railroad Ave. and 333 Northwest Ave., properties formerly owned by Dominick's Finer Foods, for an undisclosed price. The properties total nearly 450,000 sf.

AUSTIN-A Dallas lawyer, specializing in affordable housing, has come on board at Austin-based Diana McIver & Associates, a real estate development firm. Scott Marks is the firm's new executive vice president and general counsel.

BLOOMINGTON, MN-Three of the four specialize in office leasing, while the fourth focuses on industrial product. Combined, they work the entire Minneapolis market.

DALLAS-Hillwood Investment Properties has signed a major player to its under-construction 327,600-sf Pinnacle 2 building in South Dallas. Quality Logistics Systems is taking 248,300 sf for a distribution hub for its warehouse store customers.