LOS ANGELES-The new boutique hotel in the Miracle Mile district was formerly an office building developed in the 1950s.

CARSON, CA-Watson Land Co. breaks ground on a new industrial building that it has pre-leased to international third party logistics firm OHL. The five-year lease is valued at more than $10 million.

LOS ANGELES-The chairman of Charles Dunn Co. acquires the remaining 50% interest in the 17-story office tower from Equity One, with which he had been a 50% owner.

ALISO VIEJO, CA-The 20 and 30 Enterprise buildings at the project are now at 94%occupied with the signing of six leases totaling 140,596 square feet.

EAGLE ROCK, CA-The San Diego-based buyer of the newly built Oxy Lofts pays all cash and plans to lease the 33 units in this week's roundup of commercial real estate news in the West.

SANTA CLARITA, CA-The San Diego-based office REIT acquires the three-building complex from American Assets Trust Inc., also a San Diego-based REIT.

BURBANK, CA-The independent television station signs for the space at the POINTE, a new office building here, where it is scheduled to move in April next year.

If you're looking for distress in the Northeast, you'd be advised to think class B properties and suburban markets. That's one of the observations of…