LOS ANGELES-The proposed 1.2-million-sf mixed-use development in North Hollywood is moving closer to reality, as the project's developer has secured entitlements and is in final negotiations with the Community Redevelopment Agency.

LAGUNA NIGUEL, CA-Loehmann's Real Estate Holdings Inc. has signed a 10-year lease for 26,183 sf of retail space in the Center at Rancho Niguel.

LOS ANGELES-A 15,000-sf industrial building has been sold for $1 million to a jewelry manufacturer. The company will relocate to the facility from a nearby site.

LOS ANGELE-Continental Development Corp. has begun construction on a 23,986-sf low-rise office project in Hawthorne. It is the second office project that the developer has begun building in the last week.

SANTA ANA, CA-A Santa Ana industrial facility has been acquired for $2.5 million by the owner of a computer-peripherals company that is housed in the building.

FOOTHILL RANCH, CA-A 39,640-sf industrial building in Foothill Ranch has been acquired for $3.3 million by a manufacturer and distributor of machine tooling equipment.

LOS ANGELES-A $5.5-million lease has been inked by a healthcare provider for 35,000 sf at a Glendale office facility.

LOS ANGELES-24-Hour Fitness, the San Francisco-based owner and operator of fitness centers, has signed a $7.5-million lease for 42,000-sf of retail space in Rancho Cucamonga.