LOS ANGELES-Founder Rob Maguire launches an effort to buy 75% of the office REIT by selling all of its properties except its Orange County holdings.

THOUSAND OAKS, CA-MB2 Raceway, the only indoor kart racing facility in Los Angeles, enters Ventura County following its lease of 58,700 sf in an industrial building.

CALABASAS, CA-The Amyotrophic Lateral Sclerosis Association inks a 10,737-sf deal for a new headquarters, and Chicago School of Professional Psychology signs for 15,876 sf.

BURBANK, CA-The center, anchored by a grocery chain and a drug store, draws 11 offers, including the 1031 buyer, who pays all cash.

BURBANK, CA-The center, anchored by a grocery chain and a drug store, draws 11 offers, including the 1031 buyer, who pays all cash.

NEWPORT BEACH, CA-The tenant-in-common sponsor hires Jonathan Harmer, formerly CFO at Meridian Development in Nevada, as CORE expands the role of the company's CFO position.

LOS ANGELES-As leasing activity continues, rents show a year-over-year increase and vacancy stabilizes. Market watchers expect a solid this year from the once-struggling market.

SANTA ANA, CA-Grubb & Ellis Healthcare REIT, marking its second anniversary today, has completed 27 purchases, with a strong concentration in medical office facilities