HAYWARD, CA-A partnership controlled by Felson Companies of Hayward acquires a 391,000-sf warehouse situated on 25 acres that in three years will be redeveloped into residential as part of the city's master plan.

SEATTLE-Seattle Lighting Fixture Company acquires a 115,000-sf warehouse near the West Seattle Freeway from a partnership composed of a Lehman Brothers subsidiary and Argent Ventures, which acquired the building in 2000 in order to convert it for use as a telecom hotel.

JUAREZ, MEXICO-Prudential Real Estate Investors taps locally based industrial developer Bermudez International to source deals along the Texas border.

MAUI-Sunterra Corp. of Las Vegas agrees to acquire the partnership interests it does not already own in West Maui Resort Partners LP, which owns and operates the 413-unit Embassy Vacation Resort Ka'anapali here.

SAN FRANCISCO-With job growth of at least 1% expected in San Francisco, Oakland and San Jose, it appears retail owners have survived the downturn and can expect decreasing vacancy, rising rents and continued interest from investors.

TIGARD, OR-RealNet Investments of Portland pays Coe Manufacturing slightly more than $5 million for a 155,301-sf industrial building that the seller has leased back for 10 years. RealNet is in the process of flipping the property to a tenant-in-common partnership.

SEATTLE-An early meeting last week with the design review board has the project architect for the proposed $50-million project redesigning the corner of 7th and Union, among other things.

SYDNEY-Concerned the would-be $11-billion marriage with General Property Trust is misunderstood in the marketplace, the company further explains the proposed transaction, which would be a stapling of Lend Lease Shares and GPT Units, not an exchange.