LONG BEACH, CA-The multi-tenant complex encompasses 119,576 sf. Tenants include Project Head Start, Pactel Meridian Systems and Biomedical Applications. The deal further illustrates that demand for industrial space continues throughout the county.

ORANGE, CA-The locally based real estate services company has announced that it is negotiating joint venture agreements with several real estate brokers, in order to start up new agencies. American National Financial Inc. will own 51% of the new agencies with the respective brokers owning 49%.

LOS ANGELES-Located on Wilshire Boulevard, the 12-story structure encompasses 103,000 sf. The sale by Pacific Eagle Holdings follows a recent report showing rents are rising despite climbing vacancy rates.

LOS ANGELES-The locally based limited partnership has acquired the seven self-storage sites with proceeds from the sale of its Topanga Canyon parcel.

NEWPORT BEACH, CA-The layoffs will occur as a result of Conexant System's decision to sell the photomask portion of its operations. The locally based company manufactures semiconductors.

LOS ANGELES-The 1,659-sf parcel will be used as public parkland. The parcel was purchased on Thursday by the American Land Conservancy, which then sold it to the state.

LOS ANGELES-The shopping complex, which is 100% occupied, has sold for $1.6 million. It is the third retail property to change hands in recent weeks. The retail property was on the market for 28 days before it was snapped up by private investors.

IRVINE, CA-The 63-unit apartment building, known as Summerwood Court, has been sold by an Irvine-based investment company. The complex was 95% occupied at the time of sale.