LOS ANGELES-The 2008-2009 Economic Forecast by the Los Angeles County Economic Development Corp. says that California is on the edge of falling into a recession.

LOS ANGELES-The 2008-2009 Economic Forecast by the Los Angeles County Economic Development Corp. says that California is on the edge of falling into a recession.

'I think that this is frankly an excellent business move for Starbucks.'

'I think that this is frankly an excellent business move for Starbucks.'

SANTA ANA, CA—Grubb & Ellis' Interim CEO Gary H. Hunt says executive shakeups are not underway at Grubb & Ellis.

MGA Entertainment currently occupies a building in Rialto, but plans dual occupancy until December, when the company will move all of its warehouse operations to Redlands.

SEAL BEACH, CA- CB Richard Ellis completed the sale of a 19,474 sf retail center in Seal Beach in an all-cash deal to a foreign investor.

NEWPORT BEACH, CA—The report shows 1.3 million sf of negative net absorption for the year, however 1.1 million sf of that came in Q1, with 229,000 of negative absorption in Q2.