SIGNAL HILL, CA-Private investor F&B Properties purchased the multi-tenant industrial park from publicly traded, San Francisco-based Rreef. The eight-building Walnut Avenue Business Park was 93%-occupied at the time of sale.

DALLAS-In a survey of 2.8 million apartment units, M/PF Research in Dallas says the impact of a slowing economy has started to invade the multifamily sector. Rent growth has slowed as a tact to keep occupancy high. The nation's average is pegged at 96.1%.

QUEEN CREEK, AZ-A Canadian investor has paid $1.35 million for 30 acres of undeveloped land in Queen Creek, a small community 30 miles southeast of Phoenix. For now, it's a land bank, but planned freeway projects are sure to spark development.

LEEDS-Despite making gloomy predictions for the short term future of the housing market earlier in the year, estate agent Chesterton has just published figures that show the investment market in Leeds is maturing fast.