In the first transaction, Western Realco sold a new 126,000-sf manufacturing/distribution property in the Promenade Business Park to Granite Holdings for $5.8 million. Located at 1493 Bentley St., the buyer, a manufacturer of automobile interiors, will occupy the building by year's end.

In the second deal, the developer leased a new 51,000-sf building in the business park to Armstrong Industries, a warehouser of products for military personnel. The five-year lease is valued at $1.3 million. The building is located at 1594 Bentley St.

Granite Holdings and Armstrong Industries join Arkwright Corporation and Notting Hill as occupants of the business park, a $14.5 million development that includes four concrete tilt-up buildings with 26- and 30-foot interior clearance and dock high loading. After these transactions, the business park, which opened in mid-1999, only has 45,000 sf of office space left to market.