FORT MYERS, FL-An affiliate of locally based Alanda Corp. envisions construction of a high-tech, research-and-development project on the property it acquired from the La Belle, Fl-based agribusiness and land-holding company. Fort Myers is 118 miles west of Miami.

COSTA MESA, CA-The county's industrial market continues to tighten. A Mission Hills-based real estate investor has snatched up a 32,850-sf industrial building in Costa Mesa. The current tenant, a manufacturer of printed circuit boards, has signed a new 10-year commitment.

PHOENIX-The state's jobless rate is at its highest mark since 1999, says a researcher. He cautions talk of overbuilding in the commercial sector is starting to surface. Nonetheless, the state added 2,000 jobs in April.

JACKSONVILLE, FL-A partnership jointly controlled by New York-based Tarragon Realty Investors Inc. and Aetna Life Insurance Co. has acquired a total 976 newly completed, two-story garden apartments units developed by Tarragon in North Florida and Georgia for $62 million cash or about $63,525 per unit.