SANTA MONICA, CA-Hanover Financial and privately held JSM Construction pay $2.4 million for neighboring parcels here. Nearly 100 rental units are planned, plus 3,000 sf of retail space.

LOS ANGELES-A locally based creator and producer of charity fundraising events will relocate to the Los Angeles Media Tech Center. The company recently signed a five-year lease for 47,100 sf at the mixed-use development.

LOS ANGELES-Seville Classics, which makes and distributes household and commercial products, plans new 150,000-sf headquarters building in Torrance.

LOS ANGELES-A group of private investors acquires a 5.3-acre complex located in the county's Eastern fringe.

LOS ANGELES-The Wilshire Centre Building has been acquired by private investors for $12 million.

LOS ANGELES-Film Garden Entertainment signs $1.7-million lease for 20,500 sf of office space in North Hollywood and will relocate 125 jobs from its longtime home in Studio City.

LOS ANGELES-An 11,600-sf Burbank office building has been sold to a company that specializes in transcriptions and translations, as a recent report says that the Tri-Cities office market has experienced a negative net absorption of 400,368 sf in the first quarter.

LOS ANGELES-A 16,190-sf retail project occupied by Sav-on Drugs has been sold to a 1031 exchange buyer.