PALM SPRINGS, CA-A family partnership buys the 89,719-sf Foremost North Village Center, a combination three-building industrial and retail project, which also includes an acre of land available for development.

IRVINE, CA-Irvine Medical Holdings breaks ground on the 43,000-sf speculative project on a 3.1-acre site in the Irvine Spectrum. The developers cite a medical office market with a 2% vacancy rate.

LOS ANGELES, CA-The inner-city development by Capital Vision Equities and National League Football player Keyshawn Johnson win $43 million in public funding. It will include a shopping center, homes, and senior apartments.

BEVERLY HILLS, CA-The real estate investment and service company reports net income for the third quarter ended Sept. 30 increased 30% to $835,000 or $0.08 per diluted share, compared to $640,000 or $0.07 per share for the third quarter of 2001.

BURBANK, CA-The Aftra-SAG Federal Credit Union acquires a 17,000-sf office building and a nearby land parcel for $4.5 million to relocate its corporate headquarters and build a fourth branch.

ANAHEIM, CA-A private investor purchased the 24,026-sf medical and office building at 1020 S. Anaheim Blvd. from another private investor in a 1031 exchange. The three-story building is near Western Medical Center-Anaheim Hospital.

SAN BERNARDINO, CA-The Texas company headed by Ross Perot Jr. signs an agreement formally naming it master developer of the former Norton Air Base, which will become a transportation and logistics hub of up to 2,200 acres.

OXNARD, CA-A partnership of locally based Teitelbaum Development plans the 95,280-sf project for companies seeking combination industrial and office spaces of 5,000 to 12,000 sf. Groundbreaking is scheduled for early 2003.