LOS ANGELES-GC Net Lease acquires a 100% leased printing facility for $11.85 million at a cap rate described as north of 10%.

LAS VEGAS-Strategic Storage Trust Inc. of Orange County, CA buys a 740-unit facility here that pushes the non-traded REIT's acquisition total to $126 million in 2010.

NEWPORT BEACH, CA-The JV of Axxcess Capital Ventures LLC and Troy Downing, previously president of Universal Self Storage Acquisitions, plans to buy in major US markets.

PASADENA, CA-The Chicago-based apartment REIT wins the bidding for the complex near Old Town. Price is undisclosed, but it was on the market for $36.9 million.

SAN DIEGO-The life sciences property REIT buys a property for $24.9 million in the Torrey Pines submarket of San Diego and acquires two other properties for $14.7 million.

ORANGE COUNTY-Positive absorption, longer leases and a slowing of the drop in the decline of rental rates are some of the signs pointing to recovery in the county's office market.

Judging solely by the numbers, it’s clear that the Western US is home to plenty of distress: the most of any region in the US, with nearly $59 billion…

ONTARIO, CA-The program, extended to the end of this year, defers development fees for commercial and residential developers in an effort to encourage new projects.