ORANGE COUNTY, CA-Investors continue to pay higher prices for Orange County apartment buildings despite flat rent growth and a slight increase in vacancy. The average going rate is up to $102,500 per unit, an 8.75% hike just in the first quarter.

MIAMI-The five include both new deals and renewals for class A and B office space at the one-million-sf-plus business park here. The leases total 26,136 sf and are worth a combined $675,000.

SAN DIEGO, CA-Hibiscus Investments Inc. acquires the Torrey View Corporate Center from a joint venture involving San Diego Realty Advisors LLC and Southland Property Group. Encompassing 71,788 sf, the class A office facility stands on a 4,24-acre parcel within the Torrey Hills master-planned development. It is currently 86% leased.

PORTLAND-Given current economic conditions and a host of other variables currently in the mix, a return to single digit vacancy rates will likely take three or four years, according to the latest report from Grubb & Ellis.