PHOENIX-A sudden glut of grocery space coming onto the market could cause a historically low vacancy rate for retail space to go up slightly in the coming year.

ORANGE COUNTY, CA-Privately held Burke Real Estate Group pays $5.7 million for 13.8 acres inside Talega Business Park in San Clemente to build more than 210,000 sf of mixed-use space.

SAN DIEGO-Report by local trade association says countywide vacancy factor of 1.6% is lowest since the height of the last real estate boom. Separate report says sales are soaring in lockstep with rents.

WALNUT CREEK, CA-Earlier this year, the real estate investment trust inked agreements with Novato-based Fireman's Fund Insurance Co. and Louisville, Colo.-based Storage Technology Corp. that brought the twin 10-story, 375,000-sf towers to 94% occupied.