LOS ANGELES—An industrial owner-operator buys a newly developed 201,345-square-foot industrial building in an off-market transaction, GlobeSt.com reports <b>EXCLUSIVELY</b>.

LOS ANGELES—NoHo Commons, a 60,930-square-foot retail center, trades hands between Redrock Noho Retail and JH Real Estate Partners for $706 per square foot.

LOS ANGELES—Wells Fargo appoints Eric Gunderson as the Southwest regional manager for CMBS originations to oversee originations in the territory.

RIVERSIDE, CA—SRG signs a 10-year 579,708-square-foot industrial lease, Marcus &amp; Millichap's Hessam Nadji gets a promotion to SVP and the Siegel Group Nevada buys extended-stay properties in this week's wrap-up of deals.

LOS ANGELES—The $1 billion mixed-use project in Downtown Los Angeles signs Hotel Indigo to serve as the hotel brand for the property's 350-room, 18-story luxury hotel.

LOS ANGELES—DaVita Healthcare Partners signs a 185,000-square-foot lease at Apollo@Rosecrans, a move that more than doubles its former 90,000-square-foot regional headquarters in Torrance.

LOS ANGELES—Although the major industrial markets have record-low vacancies, some developers think these markets are frothy at this point in the cycle, according to Jim Klein of Klein Commercial and the CEO Power Panel moderator at I.CON '15.

LOS ANGELES—Stephanie Skrbin joins the firm as a specialist to focus on institutional retail leasing and investment practice in Southern California and mid-cap retail product and clientele.