DENVER-Arrow Electronics buys a 44-acre parcel, paying $10 million for a site that neighbors its corporate headquarters. The seller had paid $3.37 million 1-1/2 years ago and had been planning to build a 450,000-sf building.

SAN FRANCISCO-With K being clobbered and L being narrowly defeated, it's beginning to look like Proposition M - a 1986 measure that restricts annual office construction to 950,000 sf - will remain in place indefinitely.

FREMONT, CA-Following that trend, Opus West Corp. is calling its new Opus Tech Center here a success, announcing that Solectron and Siliconrax-Sliger are both buying 42,000-sf facilities in the complex's first phase of development.

NEW YORK CITY-New Plan Excel Realty Trust plans to dispose of its non-core retail assets, commercial properties, joint venture holdings and garden apartments and devote its efforts to the community and neighborhood shopping center market.