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PHOENIX-A local development company has purchased a parcel near Phoenix Sky Harbor Airport with plans to build a 140,000-sf warehouse project.

ORANGE COUNTY, CA-Johnson Manufacturing has bought a larger facility for its expanding business in Huntington Beach. The company paid $1 million for the space.<p>

DALLAS-The firm's $95-million deal for 20 on-tarmac air cargo properties involves a three-building complex at Dallas-Ft. Worth International Airport. The DFW holdings, totaling 171,497, may be in line for an expansion or renovation.

LOS ANGELES-In a close vote, the Los Angeles City Council has decided to give to Capitol Records Inc. $4 million to keep the company in Hollywood.

ORLANDO-Bill Heard Chevrolet, operator of 14 mega showrooms from Phoenix to Atlanta, is opening his newest location on 36 acres at Interstate 4 and State Road 46 in Sanford, FL, 25 miles north of Downtown Orlando.

FT. WORTH-Crescent Real Estate Equities is basking in the glory of six resorts copping top industry honors for the "best of the best." The Woodlands Resort and Conference Center is one of the Crescent projects that has taken home the gold.

LOS ANGELES-Entertainment giant's redevelopment plan gets approval from Burbank's City Council, but development could be delayed by lawsuits.

FORT LAUDERDALE, FL-Bank of America is giving the locally-based flower retailer a new $7-million line of credit through February and, along with other lenders, is extending total debt payments of $16 million to June 2002 from February and May 2001.