LOS ANGELES-In an <b>UPDATE</b> to a recent story, the rate of appreciation should cool to single digits in 2015.

LONG BEACH, CA-The net proceeds of selling the Landmark Square office building here were approximately $61 million.

SAN DIEGO-San Diego's key submarkets such as Carmel Valley, Sorrento Mesa, UTC, and Mission Valley will continue to see increases in effective rents, according to Colliers' Ron Miller in this <b>EXCLUSIVE</b> Q&amp;A with GlobeSt.com's Natalie Dolce.

SANTA ROSA, CA-The $18-million purchase of 3850 and 3880 Brickway Blvd. is the first of many planned Drawbridge acquisitions utilizing the $150-million revolving credit facility recently secured through KeyBank National Association.

VISTA, CA-Trammell Crow intends to build 407 apartments on the 21-acre property near the Southwest corner of Melrose Dr. and Oceanside Blvd. in Vista, CA.

SACRAMENTO-The private sector here continues to make strides with professional services, healthcare, and insurance providers contributing to overall gains for the quarter, according to JLL research.

LOS ANGELES-The latest from Beacon Economics shows that the labor market recovery here has continued to move forward in 2013 with the leisure and hospitality industry emerging as one of the major drivers of local employment growth.

SAN FRANCISCO-Tom Ohlson is named SVP and general manager of San Francisco and is a 26-year veteran of the CRE industry.