IRVINE, CA-CIP Real Estate says Genlabs Inc., one of the region's largest makers and distributors of cleaning products, has inked $7.5-mil deal at Schaefer Industrial Park.

ORANGE COUNTY, CA-Keitaro Matsuda, senior economist at Union Bank, says 'near-perfect balance' between north and south could help California stay afloat while most others parts of the US sink further into recession.

HOLLYWOOD, CA-The lodging giant re-opens Renaissance Hollywood Hotel, a 637-room hotel, after two years and $130 million in renovations. The 22-story hotel is owned by TrizecHahn Corp.

THOUSAND OAKS, CA-Privately held IPX Inc. acquires a 103,719-sf complex here from Pacifica Thousand Oaks LLC. Buyers in the area say the local market will improve in 2002.

RANCHO CUCAMONGA, CA-Privately held ARS National Services Inc. signs pact to establish new call center here. The building is on the site of a former missile factory.

ORANGE COUNTY, CA-Keitaro Matsuda, senior economist at Union Bank, says 'near-perfect balance' between north and south could help California stay afloat while most others parts of the US sink further into recession.

AGUA DULCE, CA-Board of Supervisors buys two-acre parcel at the mouth of Vasquez Rocks, part of goal to prevent area surrounding popular park from additional commercial and residential development.<p>

IRVINE, CA-Trammell Crow plans twin, 15-story towers inside the popular Park Place commercial project. Initial plans call for 360 rental units, though for-sale condos could be built instead if market conditions change.