WOODLAND HILLS, CA-The owner and operator of 35 office properties totaling 11 million square feet joins a list of proposed new REITs in L.A., including two by former Arden execs.

VERNON, CA-HG Capital LLC of Menlo Park and Los Angeles-based Morecambe Partners acquire the facility at what is described as a strong cap rate due to a highly motivated seller.

GLENDALE, CA-Mesa West Capital funds the five-year loan on 500 N. Brand Ave., citing the quality of the asset and strong sponsorship by owner CBRE Investors.

GLENDALE, CA-Mesa West Capital funds the five-year loan on 500 N. Brand Ave., citing the quality of the asset and strong sponsorship by owner CBRE Investors.

SAN FRANCISCO-The industrial REIT says that an uptick in leasing activity in the first quarter suggests that fundamentals will begin recovering in the second half of this year.

SAN FRANCISCO-The industrial REIT says that an uptick in leasing activity in the first quarter suggests that fundamentals will begin recovering in the second half of this year.

MCCARRAN, NV-The alliance of McShane Development Co. and MetLife Real Estate signs an Internet retailer to a 566,875-square-foot lease at Eagle Valley Industrial Center.

NEWPORT BEACH, CA-KBS Realty Advisors names three new execs, one of them to a newly created senior post. Santa Ana-based Grubb & Ellis Co. names a new debt and equity exec.