LOS ANGELES-In a deal that illustrates the potential that investors see in local apartment complexes, a Beverly Hills buyer acquires a mainly empty complex for $4.4 million.

LONG BEACH, CA-A Los Angeles-based investment partnership has acquired the 356-unit Southwood Gardens apartments from a seller based in Southern California for $38.5 million.

COSTA MESA, CA-Frank B. Moson is named president of Stadium Seating Enterprises, a specialist in designing and fabricating stadium seating systems for movie theaters, auditoriums, churches and corporate meeting facilities.

DIAMOND BAR, CA-A private investor acquires the 15,441-sf Golden Springs Professional Center from an affiliate of Tustin-based Kensington Real Estate Group.

YORBA LINDA, CA-Plumbing Concepts, a commercial and residential plumbing contractor, buys a 30,922-sf industrial facility in a 1031 exchange.

LYNWOOD, CA-The grocery, restaurant supply company and club store signs on for 15 years at Lynwood Marketplace, a new center at the corner of Martin Luther King and Long Beach boulevards.

MURRIETA, CA-Pacific Property Co. of Los Angeles has entered the Inland Empire apartment market by acquiring 420 units here for $37.5 million. The five-year-old multifamily investment firm teamed with GE Real Estate to acquire the asset, with Wachovia Securities writing the senior debt.

LOS ANGELES-The 52-unit portfolio of three buildings sells for $2.9 million as the Baldwin Village area evolves into an active market for investors.