NEWPORT BEACH, CA-Private investors grab the property in a deal valued at $1.6 million. The two-building complex was 100% occupied at the time of sale.

IRVINE, CA-The company, which specializes in yachting and fishing gear, snatches up a 20,747-sf building in Irvine. It has already moved into the new space, which it is using for light manufacturing and distribution.

BREA, CA-The $35-million Voit Brea Business Park is rising on a 30-acre parcel located north of Lambert Road off Berry Street. Slated for completion by February 2003, four of the project's 16 planned facilities are already in escrow.

OXNARD, CA-Slated to rise at South Lombard Street and Eastern Avenue in Oxnard, the project will consist of three buildings encompassing a total of 55,911 sf. Designed for single users, the facilities are expected to be ready for occupancy by October.

ORANGE, CA-The Orange-based provider of title insurance services opens five branch offices in Clark County, Nevada, through its newly licensed subsidiary, Pioneer National Title of Nevada Inc.

ALISO VIEJO, CA-Four local real estate professionals, Erik Hansen, John Parker, Russ Parker and Lee Redmond, form Parker Hansen. The new firm plans to acquire and upgrade underperforming office and industrial properties in Southern California.

PALM SPRINGS, CA-The decision by the California Court of Appeal will allow El Dorado Palm Springs Ltd. to sell its mobile home park to residents. The decision clears the way for the conversion of El Dorado Mobile Estates, as it will now be an economically feasible undertaking for the owner.

IRVINE, CA-The general contractor completes the fifth and sixth phases at Irvine Technology Center. The project included five concrete tilt-up buildings totaling 238,000-sf.