FARMINGTON HILLS, MI-A $2-million bond finances rehab of a 48,800-sf manufacturing facility here. MK Principals Limited Partnership leases 45,140 sf to K & M Engineering, the rest to Kramer Air Tool Sales and Services.

TUCSON-While sales of new and existing homes were down during February, the value of the average home here rose more than $10,000 in the past year, and building permit numbers are on the rise too.

BUENA PARK, CA-Birtcher Real Estate Group, which has purchased more than 1.5 sf of office and industrial property throughout Southern California in the past two years, has acquired another 154,747-sf office complex.

DANBURY, CT-In just a few weeks of active marketing, 50% of the available units in Phase Two of the Kensington Woods townhouse community here have been sold.