CYPRESS, CA-WOHL plans a "major renovation" of the building, which was built in 1981. The property has additional potential to grow in value, he says, because it is only 75% leased and demand for industrial space is picking up in Cypress.

VICTORVILLE, CA-Catellus could build up to 43.5 million sf of distribution space at the 5,000-acre air base, which is being redeveloped as a distribution center and cargo hub by Laguna Hills-based Stirling Airports International in a venture with Southern California Logistics Airport Authority.

IRVINE, CA-Option One Mortgage, a subsidiary of H&R Block, adds 246,000-sf to its leased holdings at Irvine Spectrum. The space is in new buildings in the development's Discovery Business Center.

LOS ANGELES, CA-The five-year lease for about 27,500 sf at 2600 Wilshire Blvd. was signed on behalf of the Social Security Administration, which is housed on floors one and two of the five-story building.

SUN VALLEY, CA-In an expansion of its operations here, Western Studio Service Inc. signs a 10-year lease for 180,000-sf of industrial space at 9175 San Fernando Rd. The building owner is Berendo Property.

SANTA MONICA, CA-With about a year left on its lease for part of the eighth floor at the 21-story, 245,000-sf office tower at the corner of Wilshire Boulevard and Ocean Avenue, Raleigh Enterprises inks a six-year lease extension.

CARSON, CA-In the largest of the deals, Garment distribution specialist Global Apparel Express Inc. signed a seven-year, $4.5 million lease for a 107,525-sf building, where it is has expanded from a 35,000-sf facility in nearby Rancho Dominguez, Calif.

GARDEN GROVE, CA-Voit Cal Partners Phase I sells a 35,268-sf manufacturing facility here for $2.7 million and a 15,000-sf building for $1.2 million. The buyers were Water Systems & Supplies and FMGM Advisors LLC, respectively.