IRVINE, CA-The Los Angeles-based REIT enters into an agreement to buy the 1.7-million-sf office campus for $260 million. The seller is an affiliate of New York City-based Blackstone Real Estate Advisors.

RANCHO CUCAMONGA, CA-Two retailers new to the Inland Empire and 10 additional stores sign for space at the 1.2-million-sf Victoria Gardens center that's due to open in October.

LOS ANGELES-One is the 62,1330-sf Bamboo Plaza in L.A.'s Chinatown, which goes for $8.5 million, the other a 10,000-sf single-tenant retail property in Valencia that brings $2.5 million.

GLENDALE, CA-New York City-based Tishman Speyer Properties has closed on the purchase of the 389,000-sf Glendale City Center, a 17-story, class A office building at 101 N. Brand Blvd.

COSTA MESA, CA-The Laguna Niguel-based developer will create a project of nearly 340,000 sf with 40 home furnishings designers on a former State Farm Insurance facility site along the 405 Freeway.

RIVERSIDE, CA-Transcan-Riverside LLC acquires the 86-acre site designated for its 500,000-sf retail development in a transaction brokered by Sperry Van Ness.

BURBANK, CA-California's total construction volume climbs in 2003, but commercial construction dips for the third straight year, the Construction Industry Research Board reports.

REDLANDS, CA-The larger of the two projects is the 82-unit Cypress Villas and will be built here. The remaining 58 units will be built in Reseda, with both developments constructed by Projects West Construction Inc. of Calabasas.