LOS ANGELES-A $720-per-square-foot retail deal in Orange County looked pretty pricey until a drugstore in Hollywood sold for $1,368 per square foot.

SAN FRANCISCO-The Los Angeles-based REIT buys the one-million-square-foot 1455 Market St. office tower and invests in the 581,000-square-foot Rincon Center.

BAKERSFIELD, CA-The $25 million sale of the Edgewater Apartments is the largest apartment sale in California's Central Valley in three years, according to broker Moran & Co.

CARSON, CA-The logistics firm signs a lease for 258,678 square feet at Watson Land Co.'s Watson Industrial Center.

ONTARIO, CA-The three tracts in the New Model Colony master-planned project will be prime candidates for development when the economy recovers, land broker Whittlesey Doyle tells GlobeSt.com.

CITY OF INDUSTRY, CA-With the signing of a 449,000-square-foot lease for distribution space, Port Logistics Group becomes the largest L.A. County customer of ProLogis.

DENVER-Loans for mixed-use office-retail buildings and ground leases under office buildings account for more than $47 million of the total.

Both anecdotally and on paper, commercial real estate professionals expect business to be better in 2011, but the industry and the economy still have a long way to go.