Office

CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.

LOS ANGELES-The renovation of the 70,605-sf facility is being celebrated today with a ribbon-cutting ceremony. Touted as West Hollywood's first class A office building, the property formerly housed the Playboy Corp.'s headquarters.

BELLEVUE, WA-While much of the printed word of late has focused on the gruesome situation many Eastside office building owners are facing, not enough has been said about the glorious opportunity it presents for those still able to take advantage -- and their brokers.

LOS ANGELES-The nonprofit Trust for Public Land gets option from developer to purchase another 20% of the 1,087-acre Westside project. The 193 acres are currently targeted for 4,400 homes and 220,000 sf of commercial space.

SANTA ANA, CA-The five-year deal for 38,970 sf has been inked by a long-term tenant of the building. The transaction follows another recent office deal in Santa Ana, in which an office suite was leased for $1.2 million.

BOSTON-The Salvation Army seeks proposals from firms interested in redeveloping its state headquarters in the Back Bay area here. In doing so, the evangelical Protestant denomination joins other religious institutions looking to take advantage of the local real estate market.

SAN DIEGO-Construction for the new $10.8-million Plaza at Scripps Northridge is

LOS ANGELES-The 141,918-sf complex has been sold to a limited liability company. It is the second large office sale to occur in the county in the past week.