LOS ANGELES-Optical Communication Products Inc. pays $18.7 million to privately held Toibb Elins Properties for 142,000 sf of office and industrial space in Warner Center area.

LONDON-The British Government is considering a radical overhaul of the town planning system. Rather than being handled by the Department of Local Government and the Regions, however, the Treasury is taking the lead.

HOUSTON-Land buys are gaining in popularity with small business owners, who are buying less than 10 acres and building what they want. It's a growing trend, says a broker who's sealing deals in the city's brisk land market.

HOUSTON-The Willowbrook Building in north Houston has added two new firms to its tenant roster. Standard Insurance Co. and Seagate Technology LLC have signed for office suites in the multi-tenant structure owned by Revo Inc.