IRVINE, CA-The Laguna Woods facility will encompass 41,280 sf of medical office space upon completion. The project commences as vacancy rates continue to rise. According to recent research, overall vacancy for non-CBD office space stood at 20.1%.

SANTA ANA, CA-Triple Net Properties LLC acquires two single-tenant buildings from Kilroy Realty LP. The deal, valued at $10.5 million, is for industrial buildings in Temecula and Las Vegas.

COSTA MESA, CA-The locally based REIT will build a 7,000-sf complex next to Hemet Valley Mall. Site is the former home of a Glendale Federal Bank branch.

IRVINE, CA-Harbor Field Holdings LLC acquires the 27,797-sf industrial property, at 9 Whatney. The company plans to occupy 4,000 sf of warehouse space in the facility.

ANAHEIM, CA-The not-for-profit health group acquires a 220,000-sf manufacturing plant, with plans to demolish it and build a multi-story, patient-care center in its place. The plant stands on a 15.5-acre parcel in Anaheim.

LOS ANGELES, CA-PCS Development Inc. will head the luxury apartment portion of the $75-million CityPlace project. In addition to 221 rental units, the widely anticipated project will bring 70 condominiums, a 38-room hotel and 450,000 sf of retail and restaurant space to Downtown Long Beach.

NEWPORT BEACH, CA-The precious-metals dealer signs $4.5-million renewal for 45,000 sf at Koll Center Newport. The complex has been its home for nearly 30 years.

ANAHEIM, CA-Private investors scoop up a 16-unit apartment building here, as countywide rents continue to climb.