LAKE FOREST, CA-The project, which will encompass 38 acres upon completion, will include dealerships for Daimler Chrysler/Plymouth/Jeep, Joe MacPherson Chevrolet, Tuttle Dodge and General Motors Buick/Pontiac. Developed by Foothill Ranch Co., the auto retail complex is an extension of the 243-acre Towne Centre & Marketplace.

SOUTH ORANGE COUNTY, CA-According to a first quarter 2002 report on the region, availability rates have stabilized and the level of negative net absorption has dramatically decreased.

SOUTH ORANGE COUNTY, CA-According to a first quarter 2002 report on the region, availability rates have stabilized and the level of negative net absorption has dramatically decreased.

NEWPORT BEACH, CA-The company will pay the common dividend on June 7 to shareholders of record on May 16. In addition, the locally based REIT will pay a $1.92 per share on its preferred stock on July 1 to shareholders of record on June 3.

ORANGE, CA-Deleo Enterprises acquires the building in an investment sale valued at $2.2 million. It is the most recent industrial facility to change hands here in recent weeks, as smaller transactions of this type continue to buoy the county's industrial market.

LAKE FOREST, CA-The company pays $4 million for the R&D/corporate headquarters property, which is currently occupied by a software development firm. The acquisition marks Western States Technologies' 14th purchase in the Orange County marketplace since the company's establishment in 1985.

FULLERTON, CA-An LLC has bagged the 352,720-sf Orangefair Marketplace, which stands at the southeast corner of Harbor Boulevard and Orangethorpe Avenue. The power center, which is more than 90% leased, is occupied by Burlington Coat Factory, Marshalls and Circuit City.

ORANGE, CA-The 26,856-sf facility is acquired by Ken Meany, founder and CEO of the Anaheim-based retailer Boot Barn. It is the latest in a string of smaller industrial transactions that have occurred in the county in recent weeks.