IRVINE, CA-The Irvine-based limited liability company has paid $11.9 million for the complex, known as Oasis at Palmdale Apartments. More than $3 million in improvements are planned for the facility.

WESTMINSTER, CA-Private investor acquires the 8,500-sf property from K. Co. The vacant building could be converted to a community center or police substation.

LOS ANGELES-The third-party logistics company has inked a five-year, $5.3-million lease to occupy the industrial space, which is located in Santa Fe Springs.

LOS ANGELES-The third-party logistics company has inked a five-year, $5.3-million lease to occupy the industrial space, which is located in Santa Fe Springs.

LOS ANGELES-In the latest of four deals in recent weeks, a Beverly Hills-based LLC pays $4.8 million for a North Hollywood development. Less than 5,000 new apartments will be delivered to the Los Angeles/Long Beach market in 2001.

ANAHEIM, CA-The 20,232-sf, freestanding facility was constructed in 1972. The City of Anaheim has not revealed its plans for the development. Elsewhere in the county, a $7.3-million, 50,000-sf retail development is underway.

GARDEN GROVE, CA-The 245-unit property was 97.5% occupied at the time of sale. Although the county's multifamily market continues to hold its own, there have been some signs recently that it may be starting to weaken.

NEWPORT BEACH, CA-Pacific Gulf Properties Inc. has completed its merger with FountainGlen Properties LLC. The news comes nearly a year after Pacific Gulf shareholders vote to liquidate the Newport Beach-based REIT.