LOS ANGELES—The firm buys a five warehouses in the arts district for $32.5 million and plans to invest an additional $30 million to develop a 125,000-square-foot retail center with a 430-stall parking structure.

LOS ANGELES—Marshalls and retailer La La Land lease 100% of the space at the 61,400-square-foot retail development on the corner of Hollywood Blvd. and Orange Ave.

LOS ANGELES— Brookfield completes an 113,000-square-foot lease with the professional services organization, bringing the building's occupancy to 80%.

LOS ANGELES—With more than 1.5 million square feet of federal leases up for expiration in the next two years, the GSA brings AAAP, an online platform designed to ease the application process for landlords seeking federal/GSA tenants, to Los Angeles, Joe Brennan tells GlobeSt.com in this Q&A.

AGOURA HILLS, CA—Raven Ridge Development acquires the one-acre land parcel, totaling 42,985 square feet, with plans to build 18 townhomes.

LOS ANGELES—Palisades Mexico Partners launches the Palisades Private Capital Fund I aimed at Mexican investors who are experiencing increased liquidity due to the recent formation of Mexican REIT FIBRA.

WOODLAND HILLS, CA—Universal Music Group completes a lease transaction with Hines for 146,636 square feet of space on four floors of the LNR Warner Center.

LOS ANGELES—Charles Dunn Co. lists the historic 93-unit, 12-story adaptive reuse building for $45 million with a cap rate of 4.7% on behalf of owners National City Towers LLC.