NEWPORT BEACH, CA-WLA, a locally based private investment group, doubles up its investment in San Bernardino. The $6.2-million buy of the 178,000-sf Gifford Industrial Park is the second in a year. The investors believe the region is the next hotspot.

FOOTHILL RANCH, CA-Hobby Products International signs a $1.8-million lease for industrial space at Foothill Ranch. The distributor of remote control vehicles plans to relocate from Irvine in February 2002.

FOUNTAIN VALLEY, CA-Fountain Valley Village LLC acquires four-acre parcel for approximately $3 million. The company plans to build an assisted living and Alzheimer's care facility on the site.

ANAHEIM, CA-The ink's barely dry on a $1-million acquisition and the new buyer starts relocating from its longtime home in the City of Orange. Donco Associates & Sons is headed to a 12,233-sf industrial facility in Anaheim.

SANTA ANA, CA-Privately held Harvard-Anne LLC acquires a 49,700-sf manufacturing facility at 3130 W. Harvard St. from Fairchild Corp. The building will house Harvard-Anne's woodworking unit, Trimco Finish.

SANTA ANA, CA-Passco Real Estate Enterprises acquires 85,500-sf Rolling Ridge Plaza in upscale Chino Hills. The 93%-occupied center has a Ralph's Supermarket and Bank of America as anchors.

ANAHEIM, CA-Ernst & Young says city's occupancy rate has been cut in half, to about 42%. Sharp drop is blamed on slowing economy, fewer leisure travelers and fears generated by last month's terrorist attacks on the East Coast.

NEWPORT BEACH, CA-The 1.1-million-sf project will rise next to Ontario International Airport. Completion is expected early next year.