Office

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.

TEMPE, AZ-A California investment company will be courting medical users for its 17,500-sf acquisition at 404 W. Broadway Rd. The location near Tempe St. Luke's Hospital should translate into 100% occupancy, says the broker.

SCHAUMBURG, IL-Nearly 50,000 sf of space is claimed in new lease deals, but they involve companies staying put or moving from one northwest suburb to another, keeping submarket vacancy well above 20%.

FOOTHILL RANCH, CA-The Newport Beach investment firm buys the 208,620-sf, recently completed Foothill Plaza office center from an affiliate of Searles DevCorp., also of Newport Beach, with plans to finance its lease-up for a future sale.

PHILADELPHIA-The Cleveland, OH-based global paint and decorating industry giant renews and expands its lease at the corporate center in Malvern, PA, making it the company's northeast headquarters. According to published

LOS ANGELES, CA-Superior Court Judge David Yaffe decided against the Los Angeles-based real estate investment trust in its bitterly fought battle with Thomas Properties over a proposed development in El Segundo.

WEST LOS ANGELES, CA-In a $3.7-million deal, Immortal Entertainment Group signs on for space in Kilroy Realty Corp.'s Westside Media Center at Olympic Boulevard and Bundy Drive.

CHICAGO-A 69-story building would replace a parking lot at 111 W. Wacker Dr. with 320,000 sf of office space and 240 condominiums. The corner of Wacker and Clark Street has been undeveloped for more than 30 years.