WESTMINSTER, CA-Four family members, all doctors, acquire 22,000 sf in two buildings as they work up plans to convert the property into medical office space, a particularly high-demand product around town.

LOS ANGELES-The Building Owners and Managers Association agrees to a five-year pact with the janitors' union after weeks of negotiations. The wage package delivers increases ranging from 4% to 13% for the three levels of workers.

LONG BEACH, CA-A private investor from LA acquires the 76-unit Long Beach Terrace Apartments, where the plan now is to upgrade the 90%-leased complex and bring in new management for the Ocean Boulevard property.

LOS ANGELES, CA-The real estate services firm reports a net loss of $1.3 million, down from $6 million the year before.

NEWPORT BEACH, CA-A Newport Beach company will develop four buildings totaling 54,000 sf of speculative office space for sale to owner-users. The listing broker says activity is already brisk.

ONTARIO, CA-An owner-user from China who built the distribution space sells it to an investment group that will lease out the 41,276-sf building.

LOS ANGELES-The supermarket chain returns to Downtown in a much-awaited move that's part of the downtown core's revitalization.

BREA, CA-Evangelical Christian Credit Union starts construction on a third building for $12-million campus. The project came off the drawing boards as spec office space, but already has snagged a full-floor tenant.