Kelsi Maree Borland

LOS ANGELES—Developers remove the roof from the Bloc, transforming the downtown shopping destination into an open-air retail center—a major milestone in the development of the project.

SHERMAN OAKS, CA—The sale of a 105-unit apartment complex receives 30 offers from a range of investors looking to uncover untapped demand for luxury multifamily, GlobeSt.com reports <b>EXCLUSIVELY</b>.

LOS ANGELES—Lewis Brisbois Bisgaard and Smith signs a 215,230-square-foot lease with OUE Limited at the US Bank Tower. It is the largest lease completed in more than 18 months.

LOS ANGELES—Santa Monica's Third Street Promenade is the home of the brand's first destination store on the West Coast, which will help to drive traffic.

LOS ANGELES—After an 11-month dispute, the West Coast ports ratify the labor agreement with dockworkers, which will be retroactive to July 1, 2014.

GLENDORA, CA—The retail management company adds Diamond Ridge at Glendora Marketplace, a 399,264-square-foot shopping center to its portfolio.

LOS ANGELES—In this <b>EXCLUSIVE</b> Q&amp;A, Rexford Industrial's Howard Schwimmer and Michael Frankel talk about the REIT's competitive investment strategy.

LOS ANGELES—PSRS secures a 25-year 4% fixed-rate loan at only 40 basis points higher than the cost of a 10-year fixed-rate loan, showing that long-term financing is still incredibly inexpensive.