NEWPORT BEACH, CA-The three-year-old firm boosts the total of its portfolio under management to five million sf, picking up properties in Southern and Northern California. The largest assignment is a 274,300-sf co-management pact.

PAWLING, NY-The Town of Pawling has purchased the 292-acre former YMCA property here, which includes a 13,000-sf conference center and 14,000-sf inn and will utilize the complex for a new town hall as well as for town recreational purposes.

NEW YORK CITY-We've hit bottom and the market has stabilized, local area players are telling GlobeSt.com. Of course, how long we bounce along the bottom is still a matter of guesswork.

MIAMI-Brian Scott Holdings Inc. bought the parcels, a combined 6.93 acres, for $607,733. The parcels, and others nearby, are the future site of a major business park development, according to a broker involved in the transaction.