SAN DIEGO-Northrop Grumman Systems Corp.’s signs a 65-month agreement for the space at the Point in Rancho Bernardo, a property owned by Prudential Real Estate Investors.

TEMECULA, CA-Honolulu’s A&B Properties continues its Southern California activity with the acquisition of a 165,500-square-foot shopping center here.

SAN JUAN CAPISTRANO, CA-The San Diego-based investment firm buys a 40%-leased Orange County office property that it sees as positioned for the next market phase.

OAKLAND, CA-Canyon-Johnson Urban Funds of Los Angeles plans to sell the 88 residential units at Thomas Berkley Square and offer the ground-floor retail space for sale or lease.

LOS ANGELES-The investment firm adds Schirn as a principal who will be responsible for identifying value-added opportunities for industrial properties and supervising the repositioning of the assets.

LOS ANGELES-The industrial broker with the Klabin Co./Corfac International is installed as the 87th president of the Los Angeles Transportation Club.

SAN DIEGO-The company names Rose western regional director of its national retail group. He will continue to serve as sales manager in the San Diego office.

LOS ANGELES-The veteran commercial real estate adviser joins the real estate investment banking firm as a senior vice president and director of business development.