LOS ANGELES-As consumer confidence dwindles, the latest report from Marcus & Millichap predicts retail sales will slow to a 5% growth rate, down from an 8% to 9% increase in 2000.

SANTA ANA, CA-A two-story, 20,000-sf office building here in Santa Ana office has been acquired by Fisher Properties, the latest in a string of office properties to be sold in recent weeks.

LOS ANGELES-As consumer confidence dwindles, the latest report from Marcus & Millichap predicts retail sales will slow to a 5% growth rate, down from an 8% to 9% increase in 2000, according to the latest report from Marcus & Millichap.

LOS ANGELES-In 1994, Leventhal retired and his 45-year-old accounting firm merged with Ernst & Young to become the E&Y Kenneth Leventhal Real Estate Group. This July, he will be inducted into the California Building Industry Foundation Hall of Fame.

LOS ANGELES-The local investor is proposing a 194,000-sf loft and retail project that he plans to build on a prime Hollywood parcel. The project, estimated at between $50 million and $60 million, would rise on the corner of Franklin and Highland.

IRVINE, CA-The 171,979-sf mixed-use Palm Court development is now under the ownership of Connecticut General Life Insurance. Financial terms of the acquisition were not disclosed officially, but brokers in the area say the transaction is worth about $35 million.

LOS ANGELES-As the threat of rolling blackouts hangs over building owners across the county, a diverse group of investors has committed $50 million to LA-based RealEnergy, a new company that plans to install onsite power systems in commercial properties nationwide.

LOS ANGELES-Private investors have agreed to pay $3.5 million for the Raymond Theater in Old Pasadena. They plan to reopen the abandoned building as a performing arts venue.