ORANGE COUNTY, CA-The county's office market experienced negative net absorption, a rise in vacancy levels and a decrease in new construction at the end of the third quarter, according to a recent report by Delta Associates Inc.

ORANGE COUNTY, CA-Recent research shows that vacancy rates are expanding in Orange County's multifamily market, widening from 2.7% in the second quarter of 2000 to 3.6% in the second quarter of 2001.

NEWPORT BEACH, CA-The Newport Plaza acquisition reflects Glenborough's desire to focus on its core markets. The 112,000-sf multi-tenant complex has been purchased as part of a $54.5-million sale, which involves a Virginia property.

SAN CLEMENTE, CA-Groundbreaking has recently occurred at the site of the future Talega Medical Plaza in San Clemente. The project will encompass 28,000 sf upon completion.

CYPRESS, CA-The computer company has inked a 27-month renewal lease to remain in its corporate headquarters. Built in 1984, the industrial facility encompasses 127,000 sf.

ORANGE COUNTY, CA-A major contraction occurred in the county's manufacturing sector in third quarter 2001, according to recent research by Chapman University. As manufacturing activity has slowed, vacancy levels have risen in industrial properties throughout Orange County.

BREA, CA-Hakakian Group has purchased the assets of the Brea-based bankrupt furniture maker and plans to reopen as many as 40 Krause's stores nationwide.

ORANGE COUNTY, CA-A major contraction occurred in the county's manufacturing sector in third quarter 2001, according to recent research by Chapman University. As manufacturing activity has slowed, vacancy levels have risen in industrial properties throughout Orange County.