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LOS ANGELES-Bank of America signs for 83,000 sf, after which Charter Holdings plans $30 million in improvements to the Garland Center at 1200 W. Seventh St.
HAWTHORNE, CA-The JV of Kearny Real Estate Co. and Morgan Stanley Real Estate starts construction on a 21-building industrial complex totaling more than 203,000 sf.
LOS ANGELES-Already the largest owner of office buildings in the Mid-Wilshire district, Lee's Jamison Properties gets the deed to 3545 Wilshire Blvd. with a $6.9-million check, one of the highest prices paid in recent years in the district.
CERRITOS, CA-The longtime employer for the Mid-Cities area remains in the market, but changes the address. In September, Memorex consolidates several Santa Fe Springs offices for 21,480 sf of class A space at Cerritos Towne Center.
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.