PASADENA, CA-A locally based joint venture partnership has acquired two parcels in Pasadena, in a deal valued at $2.1 million. The partnership plans to build a mixed-use complex on the properties.

ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.

NEWPORT BEACH, CA-Investment banker plans to use new fund to invest in JV equity and mezzanine investments. Separately, it announces loans on several West Coast properties.

ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.

LOS ANGELES-A 250,000-sf store is planned next to the retailer's long-closed catalog distribution center in Boyle Heights. The entire tract, owned by Scottsdale, AZ-based Univest, is targeted for redevelopment into a 1-million-sf retail and office complex.

ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.

ORANGE, CA-A binding distributor has inked a $1.2 million lease at the North Orange Industrial Park, bringing the complex's occupancy level up to 100%. Industrial demand continues to soar in the county's tight market, especially from small to mid-sized users.

LOS ANGELES-Shell construction has begun on two speculative industrial buildings being developed by LA-based Robertson Properties Group. The larger of the two buildings will be a 372,542-sf, cross-dock facility.