AUSTIN-Johnson & Johnson is ready to sell its over-the-counter manufacturing plant and 65 acres of prime land. The operation is headed to a new plant in Puerto Rico. The good news for any buyer is that the company might go for an interim sale-leaseback deal.

PHOENIX-Trucking giant Consolidated Freightways, one of the nation's largest trucking companies, will open to two new terminals this month, one in Phoenix and the other in Texas, to accommodate the increasing traffic to and from Mexico.

IRVINE, CA-Sares-Regis Group, in cooperation with venture partner Citibank Private Bank, purchased a multifamily property in Phoenix for $15.3 million. The complex is 95% occupied.

SAN DIEGO-A new report from Marcus & Millicap found that the county's average apartment now rents for $943 per month, rising nearly 8.5% over the last year. Rents here now outpace inflation, according to the Deparment of Labor.