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COSTA MESA, CA-The tenant, Pacific Communications, will expand its space by 6,500 sf at the 241,000-sf building, for a total of 26,700 sf. Its neighbors in the building will be Sterling Alliance Group, Summit Motor Management, CompuNet and Bock Communications.

LONDON-The poor performance of retail properties of late has led many investors to abandon the sector, but there are signs of an upturn, according to Colliers Conrad Ritblat Erdmans' annual Midsummer Retail Report.

PLANO, TX-The corporate facade is being stripped away from a 474-unit Post Properties complex in Plano as a result of EDS not renewing a master lease. EDS will be out by October's end and a family-based community will emerge.

WASHINGTON, DC-Average returns dropped to 15.8% last year from 19.1% in 1999, according to the Mortgage Bankers Association and the Stratmor Group. This year looks more profitable thanks to a boom in refinancings.

AUSTIN-Blackmon Mooring Steamatic has boosted its Austin operation, signing for another 27,300 sf and beefing up its employee count. The Ft. Worth-based disaster-related restoration specialist now leases 58,500 sf at Rutland 5.

AUSTIN-Hendricks & Partners latest multifamily report is reflecting increases in rent and vacancy as concessions are now firmly planted in 42% of the class-A market. Meanwhile, more units are being delivered despite a dip in demand in most Austin-area markets.

ORANGE COUNTY, CA-Investment banker Buchanan Street Partners will invest $60 million on the fund's behalf to development and rehab urban infill sites. By combining it with money from other parties, up to $250 million will be available for various investments.

LOS ANGELES-Imagine Fulfillment Services signs 10-year deal for 117,217 sf of industrial space in Torrance and relocates from smaller quarters in Dominguez Hills.