FULLERTON, CA-The audio products manufacturer has inked a 5-year lease to occupy 20,410 sf at the Fullerton Business Park. Encompassing 216,706 sf, the recently completed industrial complex stands at the corner of Moore Avenue and Gilbert.

ANAHEIM, CA-The new tenant, Lee Ah Sheng Enterprises Ltd., has inked a six-year lease to occupy a 50,160-sf industrial facility here. The new space, which will house the company's Southern California headquarters, is twice the size of Lee Ah Sheng's current site.

FULLERTON, CA-Dallas-based Staton Wholesale will relocate its West Coast warehouse and distribution facility to the newly leased site, which stands at 2100 Valencia Drive. Staton will take 87,000 sf at the 268,000-sf industrial building.

FULLERTON, CA-Granite Investment Group LLC acquires the 136-unit property, known as the Lake Apartments. The company plans to invest $1.4 million in capital improvements to the property, which was 97% occupied at the time of sale.

RANCHO CUCAMONGA, CA-The facility, which encompasses 15,213 sf, is located at 10440 Trademark St. The buyer, PCM3 Inc., has already occupied the building, which it purchased for $1.1 million.

IRVINE, CA-Jackson, DeMarco & Peckenpaugh ink a 10-year lease valued at $7 million for office space at 2030 Main St. The firm will relocate from its current digs at 4 Park Plaza in Irvine's Jamboree Center.

LAS VEGAS, NV-Following the lead of Park Place Entertainment and Harrah's Entertainment, Mandalay Resort Group and MGM Mirage strike tentative contract agreements with the Culinary Workers Union Local 226 and Bartenders' and Beverage Dispensers' Union Local 165.

NEWPORT BEACH, CA-The locally-based REIT says total assets are expected to reach $4 billion by the end of second quarter 2002 and exceed $5 billion by the end of the year's fourth quarter. The company plans to acquire around $1 billion of mortgage loans during the second quarter, which will be held in its long-term mortgage investment portfolio.