SANTA ANA, CA-Passco Real Estate Enterprises acquires 85,500-sf Rolling Ridge Plaza in upscale Chino Hills. The 93%-occupied center has a Ralph's Supermarket and Bank of America as anchors.
ANAHEIM, CA-Ernst & Young says city's occupancy rate has been cut in half, to about 42%. Sharp drop is blamed on slowing economy, fewer leisure travelers and fears generated by last month's terrorist attacks on the East Coast.
LOS ANGELES-The company, Funai Corp., will occupy 75,248 sf of industrial and office space inside ProLogis Park Torrance. Firm will relocate from Cerritos.
LOS ANGELES-Locally based HK Realty acquires 102 units in San Bernardino. Some brokers say rents in the area could rise 8% over the next 12 months, as the region's population continues to grow.
ORANGE COUNTY, CA-A partnership of J.H. Snyder Co. and The Ezralow Co. says ambitious makeover of Huntington Beach Shopping Center will begin in mid-2002. Plans call for the outdated complex to become an open-air lifestyle and entertainment center.