GLENDALE, CA-Prospects for the newly built, spec office building are pretty good, according to Mesa West, which provided the $24.5 million first mortgage for its JV owners.

SAN FRANCISCO-Brokers on the sale of Blocks 5 and 11 in the Mission Bay district say that the development sites stand to benefit from commitments from major employers.

DENVER-Lowe Enterprises of Los Angeles sells the 259,118-square-foot office campus in the Greenwood Village area to Cornerstone Real Estate Advisers.

ONTARIO, CA-The new associate director for Mission Viejo-based Argent Realty Advisors will focus on the Inland Empire and the San Gabriel Valley.

BURBANK, CA-Private investors acquire the four properties totaling 102 units at cap rates ranging from sub-5% to 5.9% and at per-unit prices from $164,000 to $400,000.

NORTH HOLLYWOOD, CA-Clifford Beers Housing and PATH Ventures design the project for low-income seniors. A local agency will provide services to the mentally ill and formerly homeless.

LA JOLLA, CA-McCarthy Building kicks off the 383,000-square-foot Scripps Cardiovascular Institute and adjacent energy plant on the Scripps Memorial Hospital campus.

LONG BEACH, CA-Carey Watermark Investors closes on a JV with Ensemble Hotel Partners for the Hotel Maya and the Residence Inn by Marriott, both oceanfront hotels.