LOS ANGELES-In an <b>update</b> to our earlier story, the L.A. Times has named Murray McQueen as president/real estate. His job is to assess the company's 7 million square feet of assets.

LOS ANGELES-The largest piece of undeveloped land in L.A.'s most exclusive residential community is on the market. You can buy 258 acres of Bel Air for $125 million.

LOS ANGELES-Downtown's City National Plaza may go on the block as part of a complicated agreement between the joint venture partners that own the property.

LOS ANGELES-Walmart Neighborhood Markets are on the move in the state, with a new outlet bowing yesterday in Torrance and more likely on the way.

LOS ANGELES-Hines REIT sells three high-profile office buildings for $550 million. The trio are are fully-leased to major tenants.

LOS ANGELES-The Marcus &amp; Millichap Q3 multifamily research report says four key areas of L.A. face above-average apartment inventory growth in the coming months.

LOS ANGELES-In what's billed as the largest church transaction this year, a property at 1925 Wilshire Blvd. has sold for close to $28 million to Universal Church.

LOS ANGELES-The broadcast and post-production studios at 3030 Andrita St., one of the largest broadcast facilities in the US, has been acquired. Playboy is a major tenant.