In the Sparks deal, near the Reno metropolitan area andapproximately 20 miles northeast of Lake Tahoe, A&B subsidiaryWDCI, Inc. for $20.1 million. The center comprises four buildingstotaling 396,080 sf on 20.7 acres. The multi-tenant business parkhas access to air, rail and highway routes and was completed in1998, A&B says. The nearby Reno-Tahoe International Airport ishome to distribution facilities for UPS, FedEx and Emery, whileInterstate 80/US 395 highways provide surface access to all majorWest Coast markets.

Major international tenants include Carrier Corp. (38,400 sf),the world's largest manufacturer of heating, air conditioning andrefrigeration systems; and Unique Industries (171,900 sf), aprivately held company that manufacturers children's merchandisefor the United States, Canada and England, which recently signed alease extension. Other industrial tenants include local andregional manufacturers, while office tenants include the City ofSparks and St. Mary's Health Care Corporation, have office space inthe facility.

In the Ontario deal, A&B sold the Day Creek Industrial Parkto Americana Mobile Estates. The warehouse and industrial centercomprises 147,319 sf on an 8.18-acre parcel. A&B bought theproperty in June 1999 and it is 100% occupied.