IRVINE, CA-The latest numbers released by Cushman Realty show that net absorption of class A and B office space turned negative, while vacancy rates rose due to companies feeling the pinch.

IRVINE, CA-The latest numbers released by Cushman Realty show that net absorption of class A and B office space turned negative, while vacancy rates rose due to companies feeling the pinch.

ANAHEIM, CA-A newly released study of the county's office market by Voit Commercial Brokerage says dot.com failures and corporate downsizing are partially to blame for the increase.

IRVINE, CA-Sares-Regis Group, in cooperation with venture partner Citibank Private Bank, purchased a multifamily property in Phoenix for $15.3 million. The complex is 95% occupied.

BREA, CA-Bonin Investments plans to hold the asset, a building leased to a roofing company, in its portfolio. Swap is valued at $3.1 million.

MISSION VIEJO, CA-For the first time since its incorporation, the city will be able to house its more than 100 employees in a building it isn't leasing, when construction is completed on a new city hall next year.

FULLERTON, CA-Spring Industries leased the building next door to its existing facility to accommodate warehousing operations.

BREA, CA-Bonin Investments plans to hold the asset, a building leased to a roofing company, in its portfolio. Transaction is valued at $3.1 million.