Los Angeles

WOODLAND HILLS, CA-The Denver-based apartment specialist buys an 11-acre site for a 522-unit development on a site that now houses a TV studio complex. Construction will start in about a year.

CITY OF INDUSTRY, CA-ABI Automotive Bearings is consolidating operations from two Downtown Los Angeles locations into the 28,000-sf building along Marion Court. Move-in takes place before the week ends.

BURBANK, CA-The 82-unit complex is near the Warner Bros. Ranch lot and NBC Studios in the Burbank Media District. The Palo Alto seller makes a profit after holding it less than 18 months.

LOS ANGELES, CA-The $4 million renovation project at the former Wyndham property is nearing completion. The hotel is in a building that dates back to the 1920s and is designated as a historic site.

HOLLYWOOD, CA-The Motion Picture Hall of Fame will lease 50,000 sf at the 6300 Hollywood Blvd. building, which occupies one of the film community's storied intersections. The building is owned by Meringoff Equities.

WESTWOOD, CA-The office building on Santa Monica Boulevard is 32% vacant. The four-story, steel-frame structure was built in 1985. A remodel is planned.

WOODLAND HILLS, CA-The Irvine, Calif.-based brokerage picks up four Told Partners brokers to open an office that will specialize in office property investment deals.

LOS ANGELES, CA-The market has maintained stable vacancy rates despite the weaker economy, but rent growth slowed in the second quarter and demand was lackluster, according to a quarterly study by Hendricks & Partners.