LOS ANGELES-An insurer and a law firm take 108,000 sf of office space in the beleaguered CBD. Brokers say vacancies in the area will continue to drop as tenants seek affordable alternatives to the pricey Westside and other submarkets.

ORANGE COUNTY, CA-A report coming out of Cal State Fullerton says modest employment gains should be made in the area over the next several months. The forecast isn't as bright for other parts of the US.

LOS ANGELES-An insurer and a law firm take 108,000 sf of office space in the beleaguered CBD. Brokers say vacancies in the area will continue to drop as tenants seek affordable alternatives to the pricey Westside and other submarkets.

LOS ANGELES-The 231,600-sf complex on Cabernet Drive is being occupied by MC Distribution Services, a warehouse-contracting company. The building's owner is Operating Engineers of Pasadena.

ORANGE COUNTY, CA-Williams Energy Marketing & Trading had been accused by regulators of temporarily shutting down two Southland plants to push electricity rates higher. It is the first settlement stemming from federal investigations in the wake of California's power crisis.

ORANGE COUNTY, CA-A limited partnership acquires a 38,237-sf office building in Fullerton, the latest sign that small investors have faith in the market even as institutional buyers pull back.

LOS ANGELES-California will reimburse the US EPA for cost of cleaning Riverside's Stringfellow waste dump and Santa Barbara's Casmalia Resources Facility. Acid from Stringfellow contaminated water supply, leading some to call it the 'Love Canal of the West.'

LOS ANGELES-Writers and producers meet today in last-ditch effort to reach new contract before current agreement expires at midnight. Mayor Riordan says strikes by writers and actors could cost LA alone $6.9 billion and nearly 82,000 jobs, but other experts predict even more staggering losses.