LOS ANGELES-The upcoming NAIOP conference promises a solid ROI. In the first of a series of pre-conference interviews, Curtis Spencer, president of IMSW, talks about e-commerce's effect on industrials.

BEVERLY HILLS, CA-A trophy mixed-use building known for its striking architecture has been acquired by a private investment group. The building formerly belonged to Grosvenor Americas.

BEVERLY HILLS, CA—A new association of independent residential real estate brokerage firms has formed. The goal is to leverage their worldwide network to better serve relocating clients.

SANTA MONICA, CA—Vista Capital Co. has raised $32 million in financing for five hotels in Arizona and Utah.

LOS ANGELES—Brentwood Capital Partners has purchased the Loker Medical Arts Pavilion in the downtown area for $16 million.

LOS ANGELES—Jim Mendelson, managing director of real estate North America for GE Capital, has taken over for Joaquin de Monet, the outgoing president/CEO of Arden Realty.

CITY OF INDUSTRY, CA—One of the first land deals in the state's post-redevelopment agency world has finally concluded after 1.5 years in escrow.

LOS ANGELES—Joaquin de Monet, the president and CEO of GE Capital-owned Arden Realty, is leaving the company “by mutual agreement,” GlobeSt.com has learned.