YORBA LINDA, CA-Constructed in 1986, the 48,000-sf Yorba Linda facility is 98% occupied. Its major tenant is Nestle USA, which occupies half of the facility.

LOS ANGELES-The multifamily property, which is located in Panorama City, has been snatched up by a family trust. Across the county, demand still greatly outpaces supply in the multifamily sector. New construction should do little to ease the problem, as recent research has shown.

LOS ANGELES-The 155,992-sf industrial building has been leased by a third-party logistics firm. The Sacramento-based company has already occupied the facility, which is a new location for them. They will use the recently completed building to store bottles.

NEWPORT BEACH, CA-Pacific Gulf Properties' shareholders have voted yes to the proposed merger with FountainGlen Properties LLC. They have also approved the appointment of Wells Fargo Bank Minnesota, National Association as the trustee of Pacific Gulf's liquidating trust.

LOS ANGELES-According to a recent report by NAI Capital Commercial, rents are climbing in the Los Angeles Basin's office sector, even as vacancy rates continue to rise. The average rental rate for class A space is currently $2.27 per sf compared to $2.16 at year-end 2000.

BUENA PARK, CA-The 164-unit multifamily property, known as Bascom Villas, has been sold by a limited liability company. Although the county's multifamily vacancy rate still hovers at 3%, there have been some signs that the multifamily market may be starting to wane.

NEWPORT BEACH, CA-The complex, known as Vintage View, has been sold for $18 million. The deal comes as demand has set the Inland Empire apartment market on fire. The market is being driven mainly by strong population and job growth.

ORANGE COUNTY, CA-Colliers Seeley International's Anaheim office has announced the sales of three separate industrial buildings in Orange County. The facilities, which are located in Brea, Orange and Santa Fe Springs, total 31,915 sf.