LOS ANGELES-Former Arden Realty execs expect proceeds of $210.5 million for their Hudson Pacific Properties, owner of Hollywood's storied Sunset Gower Studios and other properties.

LOS ANGELES-Seeking to expand its property management portfolio, the firm names Prabhu to a newly created position for SoCal, Arizona and Nevada.

IRVINE, CA-KZ DevCo has seven new stores for CVS and Longs either under way or planned in the Southland and in Hawaii.

SAN FRANCISCO-The Maryland-based REIT acquires the 416-room Sir Francis Drake Hotel in Union Square, funding the buy with IPO proceeds.

EL MONTE, CA-Cathay Bank's L.A. corporate center will have 2,128 solar panels on a new carport, reducing energy costs by 40%.

SAN DIEGO-Veralliance Properties kicks off work on the 53,326-square-foot project with a commitment from biotech firm Cibus Global to lease 50% of the space.

IRVINE, CA-The US Bankruptcy Court for the Central District of California approves a plan for an investor to provide $184 million in refinancing for the developer.

LOS ANGELES-In two of the largest Westside leases signed lately, Kaye Scholer LLP leases 42,000 square feet and the Pancreatic Cancer Action Network leases 24,000 square feet.