NATIONAL CAPITAL <NCETS> TO MAKE SALE
National Capital Real Estate
Trust said it has entered into a definitive agreement to sell
its Irvine Commercial Center in Irvine, Calif., to Shuwa Corp
of California for 10.85 mln dlrs.
    It said the buyer has pl;aced 250,000 dlrs into an escrow
account as a nonrefundable deposit.
    The trust said existing debt secured by the property of
about 6,700,000 dlrs in due on completion of the transaction,
which is expected in early April.
 Reuter
