ORANGE, CA-Deleo Enterprises acquires the building in an investment sale valued at $2.2 million. It is the most recent industrial facility to change hands here in recent weeks, as smaller transactions of this type continue to buoy the county's industrial market.

LAKE FOREST, CA-The company pays $4 million for the R&D/corporate headquarters property, which is currently occupied by a software development firm. The acquisition marks Western States Technologies' 14th purchase in the Orange County marketplace since the company's establishment in 1985.

FULLERTON, CA-An LLC has bagged the 352,720-sf Orangefair Marketplace, which stands at the southeast corner of Harbor Boulevard and Orangethorpe Avenue. The power center, which is more than 90% leased, is occupied by Burlington Coat Factory, Marshalls and Circuit City.

ORANGE, CA-The 26,856-sf facility is acquired by Ken Meany, founder and CEO of the Anaheim-based retailer Boot Barn. It is the latest in a string of smaller industrial transactions that have occurred in the county in recent weeks.

NEWPORT BEACH, CA-James Collins pays $1.5 million for the multifamily property, which is located in the Balboa Peninsula area of Newport Beach. The complex sold for 11 times its gross scheduled income.

ANAHEIM, CA-Syndicated Office Systems inks a $40-million, 10-year lease for 140,000 sf in Arena Corporate Center, which will be completed late this year. The company will relocate its headquarters from Santa Ana to the Anaheim office project in 2003.

NEWPORT BEACH, CA-Locally based CT Realty sells the Baywood Villa Apartments, a 628-unit multifamily complex in Corona, for $55 million. This hefty price tag marks the highest amount paid for an apartment property in the region's history, according to the CB Richard Ellis brokers who represented CT Realty in the deal.

WESTMINSTER, CA-Seneca Partners of Costa Mesa snatches up the Ash Tree Apartments. The 40-unit complex is located at 14092-14102 Ash St.