HUNTINGTON BEACH, CA-The San Diego-based shopping center REIT buys the 335,173-sf Pavilions Place for $40.2 million from Mitsui Co. The grocery-anchored center was 91% leased at the time of sale.

LOS ANGELES, CA-The Los Angeles County office market "continued its slow climb out of recession during 2002" in an uncertain economy, according to a year-end analysis, but the climb was indeed slow as vacancies rose and rents declined.

BAKERSFIELD,CA-The Long Beach, Calif.-based company paid $2.1 million for the property, where it plans to develop a two-phase campus to be called CityGate Business Park.

SANTA BARBARA, CA-Title insurance provider Fidelity National Financial Inc. has agreed to terms on a previously announced deal to acquire all of the outstanding stock of ANFI Inc., a title insurance provider based in the Orange County city of Orange.

NEWPORT BEACH, CA-Parent Pacific Life is pulling the plug on its real estate advisory subsidiary, saying it wants to focus on its core business of insurance and related products.

HAWTHORNE, CA-Michael Stars Inc. makes T-shirts sold in top department stores. It signs a $2 million lease to expand into a 42,000-sf building that will serve as its headquarters and distribution facility.

WOODLAND HILLS, CA-The potential to add apartments to the office and industrial buildings already on the 11-acre Warner Center site was a big selling point, according to one of the brokers in the deal.

COSTA MESA, CA-ARV, an operator of facilities for seniors who require assisted living, says stockholders will receive $3.90 per share in cash. Prometheus currently owns approximately 43.5% of ARV's outstanding shares.