LOS ANGELES-The Hollywood-based CIM Group will team with the Lee Group of Marina del Rey to retool the former UCLA Extension building, bought for $4.5 million. A second building will rise on a lot now being used as a parking lot.

PLAYA VISTA, CA-Disney real estate exec Douglas Moreland will be senior vice president for development at the 1,087-acre commercial and residential Playa Vista project, where he will lead the entitlement process.

FULLERTON, CA-The 42-year-old company's new facility at 1881 W. Malvern Ave. is a 174,000-sf build-to-suit that includes 150,000 sf of manufacturing space as well as offices for the maker of hydraulic lines.

VICTORVILLE, CA-Related Capital Co. of New York City provides the financing for the development of a 100-unit complex in Victorville and 108-unit project in Riverside. The affordable housing complexes will deliver in summer 2004.

IRVINE, CA-The New Jersey-based investment and real estate services firm names John Dobrott as managing director for all California operations and expands its activities into property management and construction.

LOS ANGELES-The joint venture of CB Richard Ellis Investors and CalPERS closes on assets in California, Texas, New Jersey and Colorado, including data center and telecommunications facilities.

DOWNEY, CA-Two individual investors acquire an 89,760-sf building at 12029 Regentview Ave. from Regent Downey Properties of Mission Viejo, CA. Now that all the paperwork is done, the owners plan to occupy the property.

LAKE FOREST, CA-Western States Technologies Inc., a Los Angeles-based real estate investment firm, sells 20162 Windrow Dr. to Sole Technology, which intends to occupy the entire 38,000-sf building.