Campeau Corp. said it has agreed to...

Campeau Corp. said it has agreed to sell all of its remaining residential land development projects in Southern California to AW Associates, a California partnership, for about $110 million. To complete the sale, Toronto-based Campeau agreed to purchase all the shares of 397330 Ontario Ltd. from Campeau’s chairman and chief executive, Robert Campeau, for $18.75 million worth of subordinated voting shares of Campeau Corp. The company said 397300 Ontario indirectly owns a one-half interest in a major part of the land being sold to AW.