LOS ANGELES-Development giant JMB Realty Corp. says it has signed aircraft-leasing giant International Lease Finance Corp. to 127,520 sf of space at Constellation Place. Groundbreaking ceremonies for the project were held this morning.

ORANGE COUNTY, CA-Federal transportation czar warns local officials they might not get funding for ambitious train system. "You better have a unified position before you come talk to me," he says.

LOS ANGELES-Developer JMB Realty Corp. begins long-awaited Westside project after signing $500-million lease with entertainment conglomerate MGM. Brokers tell GlobeSt.com another big lease deal is in the works that could guarantee more than 80% of 34-story tower will be rented when in opens in 2003.

LOS ANGELES-Developer JMB Realty Corp. begins long-awaited Westside project after signing $500-million lease with entertainment conglomerate MGM. Brokers tell GlobeSt.com another big lease deal is in the works that could guarantee more than 80% of 34-story tower will be rented when in opens in 2003.

LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.

LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.

LOS ANGELES-Locally based Hilton and other big names downgraded by UBS Warburg. Concerns include slowdown in revenue growth and travel cutbacks initiated by some large corporations.

ORANGE COUNTY, CA-Tighter lending standards pushed the number of newly built lodging facilities in California last year down nearly 40%, a research firm says. More of the same is expected in 2001.