West

CUPERTINO, CA-With talk of a possible sale looming, the locally based Mission West Properties Inc. expects revenues and earnings will continue to increase in 2012 based on new and renewal leases and higher rents.

LOS ANGELES-The contiguous parcels of land in Santa Monica are zoned under the Land Use & Circulation Element, which encourages mixed-use development on the site.

ENCINO, CA-Space absorption improved for the ninth consecutive quarter, while construction starts fell to their lowest levels in 20 years, says a report.

IRVINE, CA-Mazda North American Operations, which has occupied 1421 Reynolds, and 1424 and 1444 McGaw Ave. for more than 20 years, was ready for a long-term commitment.

SUNNYVALE, CA-Apple signs on to occupy space at the Town Center Office building here in a deal a source says shows that ‘the original vision of the development is being realized.’

SAN JOSE, CA-Federal Realty Investment Trust has started construction on a new apartment complex at Santana Row in San Jose.

MILPITAS, CA-Creation Technologies Inc., an electronics contract manufacturer based in Canada, is expanding its space in Silicon Valley.

OAKLAND, CA-Energy Solutions has snapped up a Class B office property in downtown Oakland.

SALEM, OR-Government Properties Income Trust has purchased the Capitol City Business Center, a 233,135-square-foot office complex at 4600 25th Ave. in Salem, for $30.9 million.

LOS ANGELES-Capital will now be infused to fund building improvements and enhance leasing efforts, for Hackman’s 26-property national industrial portfolio.

LOS ANGELES-Arbors Land Partners LLC and GID are separately selling two apartments in the L.A. area; both attractive opportunities for opportunistic investors, says Hendricks & Partners.

PLAYA DEL REY, CA-Cove Spring Partners begins construction on the Strand Offices at Playa del Rey, a project that will include two three-story buildings here.

HANFORD, CA-GlobeSt.com exclusively learns that it took only 19 days from commitment to funding to refinance the 483,214-square-foot mall here in Kings County, CA.

SANTA CRUZ, CA-An empty Borders store in Santa Cruz will soon be occupied by a new tenant.

IRVINE, CA-Voit Real Estate Services has reported that Mazda North American Operations has acquired an Irvine complex, which contains three buildings, for $27.75 million.

FORT COLLINS, CO-Previous manager NewMark Merrill Mountain States buys the 555,000-square-foot center and is planning a total rebranding.

SAN FRANCISCO-Portfolio lender Mesa West Capital is financing the hotel owners’ first mortgage on the 802-room waterfront hotel.

BEVERLY HILLS, CA-Lucent Capital arranges two $12-million deals in Southern California, moves to larger offices, and plans new hires as it anticipates a ‘big spike in transaction volume this year.’

LOS ANGELES-The L.A. Bar Association panel reviews the ever-increasing role of a receiver in the mounting saga of distressed properties.

SAN DIEGO-Torrey Pines Bank has inked a seven-year lease for an office space in Del Mar Heights.