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REAL ESTATE

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Compiled by Michael Flagg Times staff writer

Thorn Loses Broker: Iliff, Thorn & Co.’s troubles continue: The commercial brokerage, which said recently that it would close one Orange County office, just saw one of its top brokers jump to Scher-Voit Commercial Brokerage Co. in Irvine. The broker, 18-year veteran Tony Gleason, was recently named one of the brokers of the year by the Irvine Co . . . R.D. Olson Construction of Anaheim was awarded the $1.3-million contract to build the new Rex Restaurant, which is moving from the Balboa Peninsula to Fashion Island. Construction begins next month.

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