Warren Garant purchased the 28,900-square-foot Antelope Valley Bank & Plaza, at 1643-67 Palmdale Blvd. in Palmdale, CA for $3.08 million, or approximately $106 per square foot. The 20-year old retail property was fully occupied at the time of sale and had a capitalization rate of 9 percent at the in-place rents. On the market for only 35 days, this transaction closed a 70-day escrow period last week.