LOS ANGELES-In a move calculated to keep the state's second-largest utility solvent, California Gov. Gray Davis has offered to buy SoCal Edison's transmission grid for $2.76 billion.

LOS ANGELES-Crown Theatres LP has signed a deal to anchor the $100-million Queensway Bay project, which is spurring new activity at the long-stalled project.

LOS ANGELES-A 2,164-sf facility, which is leased by fast food chain Del Taco, has been sold in Downey.

LOS ANGELES-The Downtown office market's vacancy level decreased by 1.28% in the first quarter, and now leads the county with a net absorption of 285,896 sf, according to a new report by LA-based Cushman Realty Corp.

LOS ANGELES-The builder becomes JV partner in Upland's ambitious, 105-acre Colonies Crossroads project.

LOS ANGELES-A Honda subsidiary and a travel company take space at The 1800 Building in Torrance, the first 'pure' office building to rise in this South Bay city's CBD in a decade.

LOS ANGELES-The film-production company, Harley's House, will double its current amount of office space in Santa Monica Commerce Park.

LOS ANGELES-Gilmore Associates and Simpson Housing Solutions LLC team up to convert a 13-story office building into a 209-unit multifamily complex.