VALLEJO, CA-A process that started over nine years ago will kick into high gear when the City of Vallejo will officially take possession of Mare Island following the close of escrow, which is expected to take place Friday.

WESTLAKE VILLAGE, CA-Internet real estate site Homestore.com said on this week it would not be cash flow positive for the full year 2002 as a result of the sale of its online credit reporting service ConsumerInfo.com to the UK's GUS Plc.

VERNON, CA-The manufacturer of plastic products for hazardous fluids and molded wheels for garbage acquires the tilt-up concrete building for approximately $2.8 million.

NEWPORT BEACH, CA-Baxian Real Estate Development, a locally-based subsidiary of China Global Development, recently received approval for development of the first stage of Century Star City, a 25-acre development planned near the Olympic Village planned for the 2008 Olympics.

IRWINDALE, CA-NDC Infrared Engineering, a Spectris Co., has renewed its 47,871-sf lease at 5314 North Irwindale Ave. here. The building owner reportedly came down 25% from its original lease rate proposal in order to seal the deal.

LOS ANGELES-Los Angeles County is in a strong position to ride out the current economic troubles with little negative effect, according to a panel of experts gathered for a local breakfast seminar series.

LOS ANGELES-A new joint venture focusing on planning and funding parks, plazas and other public spaces in development products located in low to moderate income neighborhoods has been formed by Genesis LA Economic Growth Corp. and the Trust for Public Land.

LOS ANGELES-Los Angeles County is in a strong position to ride out the current economic troubles with little negative effect, according to a panel of experts gathered for a local breakfast seminar series.