NEWARK- Heritage Management has acquired the 283,000-sf, 18-story office building, long a downtown landmark that formerly housed the headquarters of First Fidelity Bank. HFF arranged the financing package.

MIAMI-The locally based developer sells development rights on a 2.1-acre, oceanfront site in Fort Lauderdale for $8.19 million per acre or $188 per sf to Billden Inc. of Miami.

LOS ANGELES-The local newspaper has renewed its lease for 11,814 sf of office space in West Los Angeles, as experts predict a decrease in LA's office vacancy rate.

ENGLEWOOD, CO-The nation's second-largest sporting goods chain leases the 92,000-sf HomeBase building here. The 15-year lease with building owner Etkin Johnson Group is valued at $12 million.