LOS ANGELES-In another positive development for the burgeoning Downtown area, Chinatown will launch a weekly Farmers' Market on May 16 to become the first Chinatown in the nation to host this type of specialty market.

LA VERNE, CA-The 208-unit Los Arbolitos Apartment community was sold to a private pension fund client of Lend Lease Real Estate Investments of San Francisico. CT Realty, the seller, invested more than $1.4 million in upgrades during its ownership.

ONTARIO, CA-OrePac Building Products, a Wilsonville, OR-based wholesale building material distributor, relocated from nearby Chino to expand and consolidate its regional distribution center.

PASADENA, CA-The management services firm Tetra Tech has signed a 12-year lease to occupy two of the three floors at the soon to be completed second phase of Pasadena Corporate Park. The lease was signed with Kearny Real Estate Co.

MONTCLAIR, CA-Honda purchases an 18,000-sf building to expand its presence here. The building is on 4.6 acres located at 5150 Palo Verde. The seller of the property is the Montclair First Baptist.

LOS ANGELES-For the entire LA County, overall vacancy rates measured 4.3%, which means 43.9 million sf stands available for lease%, according to a first quarter 2002 report by Cushman & Wakefield. Leasing activity year-to-date is 5.3 million sf.

LOS ANGELES, CA-The sale is the largest office property sale in the Inland Empire for the past two years, according to the brpokerage firm that handled the transaction.

TORRANCE, CA-The buyer, RPM Investments, has immediate plans to refurbish and reposition the property, located at 1141-1259 Carson St. in Torrance. The refurbishing is expected be begin within four months.