SALT LAKE CITY—Office and industrial aren't the only sectors clamoring for high-quality space. Retail tenants here are also demanding class-A space, CBRE reports in this <b>UPDATE</b> to an earlier story.

GARDEN GROVE, CA—The property is undergoing extensive renovation and refurbishment and is considered one of the most valuable pieces of property in a region where industrial space is scarce, GlobeSt.com learns <b>EXCLUSIVELY</b>.

ALISO VIEJO, CA—The residential development firm promotes Ashley Feeney to SVP and Charles McKeag to regional VP, land, to support its Northern California expansion.

SALT LAKE CITY—All major commercial real estate sectors in Salt Lake City perform well in Q1 and are expected to gain momentum in the coming months, reports CBRE.

YORBA LINDA, CA—ETCO Homes receives a $6.5-million bridge loan from Karlin Real Estate to finance recapitalization of the 4.68-acre land parcel here where the much-needed project is being developed.

IRVINE, CA—Despite 210,000 square feet of negative absorption in the first quarter of the year, Voit Real Estate Services foresees 2014 to be 'another year of stabilization and growth' for the Orange County flex market.

SAN JUAN CAPISTRANO, CA—The firm continues its commitment to the Inland Empire region, which has been extremely popular for investors looking to capitalize on single-family residences.

IRVINE, CA—The online marketplace facilitates the closing of 57 commercial assets during March, including multifamily and retail, for a total purchase price of $190 million.