IRVINE, CA-The building, which is occupied by Racal Instruments, has been acquired by W.P. Carey & Co. in a sale-leaseback transaction. The tenant will occupy the 99,000-sf facility under a 20-year, bond-type net lease.

PORTLAND-Five of the major local brokerage houses agree this week to have most of their licensed brokers subscribe to the new database and broadcast email system starting June 1, giving the Commercial Association of Realtors the revenue base it needs to keep its fledgling online subsidiary growing and improving. It's not without controversy, however.

DEL MAR, CA-The city must allow the public to vote on its transit occupancy tax, but if voters reject an attempt to boost the rate, it could revert back its level of more than a decade ago of 8%.

ORLANDO-After a five-year squabble with neighbors, a municipal judge has ordered Roger Holler to remove a fence around a 10,000-sf, city-owned lot behind his $1.7 million estate in affluent Winter Park. A retired physician neighbor sued the millionaire property owner.