NEWPORT BEACH, CA-Ted Carpenter, principal of locally based Carpenter & Associates, represented the owner in a five-year lease of a concrete tilt-up industrial facility to be used for manufacturing and distribution.

NEWPORT BEACH, CA-Built in two phases, all nine buildings at Turner Grove Business Park sold quickly after completion.

NEWPORT BEACH, CA-Bank buys distribution center in Mira Loma recently leased to Mad Katz, a supplier of video game products.

ORANGE, CA-Grubb & Ellis' forecast for 2001 expects most projects in the office and industrial markets to be infill in nature, reusing land with existing product on it.

ORANGE, CA-Grubb & Ellis forecast for 2001 says retail activity will slow, although demand will increase. Owners will seek a more creative mix of tenants. The housing crisis will worsen, with 12 units needed for every one produced.

NEWPORT BEACH, CA-The credit rating for Nationwide Health Properties has been lowered slightly. The company will take over some facilities because their operators are having difficulty meeting obligations.

IRVINE, CA-Local developer receives "Project of the Year" award for bringing aging multi-use building up to current high-tech standards.

IRVINE, CA- Mazda Motors of America, which relocated its operations from Irvine Spectrum to Ontario last July, leases more space there.