LOS ANGELES-L.J. Express and San Francisco-based Fritz sign separate deals for a combined 83,000 sf. The two deals combined are valued at $3.5 million.

NEWPORT BEACH, CA-The Newport Plaza acquisition reflects Glenborough's desire to focus on its core markets. The 112,000-sf multi-tenant complex has been purchased as part of a $54.5-million sale, which involves a Virginia property.

GREENWICH, CT-A move to consolidate its Connecticut corporate headquarters operations has led Crompton Corp. to place a total of 290,000 sf of space on the sublease market.

NEW YORK CITY-Some 70 brokers and 80 low-to-mid-level managers have gotten the axe. Bruce Mosler says the cutbacks were more a matter of clearing the decks for higher production than bending to the pressures of a slumping economy.