LOS ANGELES-The Los Angeles-based office real estate investment trust reports that funds from operations for the entire year were 6.4% higher than 2000. Same property net operating income was up by 5.4%.

LOS ANGELES-The Los Angeles-based office real estate investment trust reports that funds from operations for the entire year were 6.4% higher than 2000. Same property net operating income was up by 5.4%.

SANTA FE SPRINGS, CA-One Stop Brake Supply has signed a $121,000, three-year lease for 5,190 sf of industrial space in the Hathaway II Business Park here. The space will be used for the distribution of automotive parts and company administration.

LOS ANGELES-Juergen Bartels, CEO of the London-based Le Meridien Hotels and Resorts, told a small crowd gathered in the Garden Room of his Le Meridien at Beverly Hills that the independent luxury hotel group has its sights set on becoming the number-one brand in the international hotel trade by 2004.

LOS ANGELES-Juergen Bartels, CEO of the London-based Le Meridien Hotels and Resorts, told a small crowd gathered in the Garden Room of his Le Meridien at Beverly Hills that the independent luxury hotel group has its sights set on becoming the number-one brand in the international hotel trade by 2004.

LOS ANGELES-GLJ Holding, operator of C&H Merchandising, a fabrics company based in Gardena, buys land in Harbor Gateway Center here on which it is planning three warehouse-distribution buildings totaling 140,000 sf.

VALENCIA, CA-Hopkins Real Estate Group, a Newport Beach-based developer, has purchased 7.39 acres of land here for $4.2 million. Hopkins plans to build a 70,000-sf shopping center on the site.

LOS ANGELES-Alschuler Grossman Stein & Kahan signs a 10-year sublease valued at $30 million for space in Water Garden that will make it the largest law firm in Santa Monica. Occupancy is set for July.