IRVINE, CA-Novak Electronics, a maker of remote-control devices and related products for miniature race cars, signs for 17032 Armstrong Ave. in a five-year lease with a $1.4-million value over its term.

TAVARES, FL-PERI Formwork Systems Inc. has outgrown its 2.5-acre plant in Orlando and wants to buy 10 acres for about $350,000 (80 cents per sf) at the 733-acre Christopher C. Ford Industrial Park near Groveland, FL, 25 miles west of Downtown Orlando.

DENVER-After a bidding war between Ripley Entertainment Inc. and Landry's Restaurant, Landry's wins Colorado's Ocean Journey for $13.6 million- 200% more than the initial $4.5 million bid by Ripley.

VERNON, CA-The Dallas-based investment group is looking at other LA deals en route to a buying goal of $350 million to $400 million in SoCal holdings by the end of 2004. The buyer gets the baker's fourth-largest production site and a lease of 10-plus years.