LOS ANGELES-New York-based real estate fund adds to its growing Southern California portfolio with purchase of 590,570-sf industrial project in San Fernando Valley. Deal shows that Southland's industrial market is still red hot.

CITY OF INDUSTRY, CA-Wisconsin-based manufacturer signs $11-million, seven-year lease for an industrial building in City of Industry.

LOS ANGELES-Sniffing an opportunity, owner figures project at site of historic airfield will attract lots of customers. The $45-million project will be the largest chemical distribution facility in the nation.

LOS ANGELES-Jack Kyser, chief economist for the LA County Economic Development Corp., says the region will keep growing in 2001--just not as fast as last year.

LOS ANGELES-The bank buys back the 420,000-sf Monterey Park data center it built but then sold in the 1980s.

LOS ANGELES-Opus West starts 132,800-sf speculative office development in Westlake Village, betting that demand in the county's emerging "technology corridor" will remain strong.

LOS ANGELES-Jobs include conversion of hospital to senior housing and some minor remodeling of famed Santa Anita Race Track.

LOS ANGELES-Two major leases valued at $6 million bring occupancy level up to 100% at the new 127,845-sf LAX Cargo Center, the industrial building acquired by San Francisco-based AMB Property Corp. for $11.5 million.