RIVERSIDE, CA-The buyer gets an office building in a market where little space is available and new development is expected because of the growing demand for office space in this city.

PASADENA, CA-Walnut Acquisition Partners LLC and Standard Pacific Homes plan to create the development on a 52,217-sf site at 220 N. Lake Ave. that Walnut Partners bought recently from local investors.

SAN DIEGO, CA-The shopping center REIT signs a memorandum of understanding to settle shareholder lawsuits opposing its pending sale to a joint venture of New York firms.

TUSTIN, CA-Voit Development Co. acquires the 86,333-sf office building from the Hamilton Co. and signs Safeco Insurance for a $3.6 million lease for 53% of the space.

SAN BERNARDINO, CA-Northrop Grumman Corp. will move its Missile Engineering Center to a new site located on Hospitality Lane inside the Tri-City Corporate Centre by January 2006.

LOS ANGELES-The New York-based REIT acquires 2706 Media Center Drive, an 83,252-sf building that is 100% leased and is occupied by Playboy Enterprises and Sony Electronics, for $17.9 million.

ISSAQUAH, WA-The wholesale warehouse and grocery operator gains seven new stores in its Q1 en route to 25 new units in fiscal 2005.

ANAHEIM, CA-Greenlaw Partners and a Guggenheim fund buy a 245,503-sf industrial park for $18 million, the second Orange County asset the two firms have acquired this year.