IRVINE, CA-The buyer, a Stockton-based construction company, pays $10 million for the property. Built in 1978, the property contains 1-bedroom, 2-bedroom and 3-bedroom units.

NEWPORT BEACH, CA-McMorgan Co. acquires the 86,707-sf property, known as the Northwestern Mutual Life Building. The facility, which is anchored by Northwestern Mutual Life, is approximately 95% occupied.

IRVINE, CA-The Irvine-based builder completes construction of a 25,000-sf office building for Continental Development Corp. Located in Hawthorne, the property features a contemporary theme and a tiled stonework exterior.

IRVINE, CA-The Irvine office of the real estate advisory firm arranges the permanent loan for the Spectrum 8 Distribution Building in Chino. The 400,010-sf facility is part of the master planned industrial park known as The Majestic Spectrum.

IRVINE SPECTRUM, CA-The two-story facility encompasses 29,442 sf of office and R&D space. The seller, ProLong Super Lubricants, will lease back the building.

COSTA MESA, CA-A private investor snaps up the 8-unit multifamily complex. Local experts expect that multifamily will continue to thrive in the upcoming year, as demand continues to outpace supply.

ORANGE COUNTY, CA-In a recent survey, brokerage firms predict that Orange County's industrial rents will decrease in the upcoming months, while sale prices will remain fairly stable.

ANAHEIM, CA-The Redondo Beach-based investor pays $1.2 million for the multifamily property. Located at 923-929 Park Circle, the complex contains 16 units.