LOS ANGELES-Midtown Shopping Center Associates buys 185,000-square-foot land under its shopping center and two adjacent properties for $42.5 million.

LOS ANGELES-Stream Realty L.A. is looking for the untraditional type of retail tenant.

LOS ANGELES-In this update to an earlier story, creative offices are at a premium on the west side, says CBRE's Kevin Shannon. Some companies may be forced to migrate from Silicon Beach as a result.

LOS ANGELES-11175 Santa Monica Blvd., the new home building for Variety and Penske Media, is sold for just over $20 million.

CALABASAS, CA-A Marcus & Millichap report says larger health institutions and practices may seek new revenue and efficiencies in real estate.

LOS ANGELES-The Allen Matkins law firm has named five new partners. Their election takes effect on July 1.

MONTEREY PARK, CA-Atlantic Times Square, a residential/retail property, has refinanced a construction loan for $74 million. Continental Funding Group brokered the deal.

LOS ANGELES-Union Station may see improvements to the passenger concourse and a potential expansion of the site footprint.