LOS ANGELES-JB Oxford & Co. has renewed a commitment for 22,502 sf of office space in Beverly Hills, the latest affirmation that many financial-services firms think LA-based companies still have upside potential.

SANTA ANA-The ordinance limits the length of time visitors may stay at hotels in which 25% or more of the guests are actually living there. It will not affect hotels that are used mainly by leisure and business travelers.

ORANGE COUNTY, CA-International House of Pancakes signs 25-year lease valued at estimated $3 million to open new restaurant at Anaheim Town Square. The current building, previously occupied by Jolly Rogers, will be torn down and a new restaurant built in its place.

LOS ANGELES-Royal Indemnity Co. will expand its office by 6,068-sf in the 801 N. Brand Building, giving it a total of 33,532 sf. The five-year lease is valued at more than $5 million.

SHERMAN OAKS, CA-The class A property is located at 15165 Ventura Blvd, outside the sellers core geographic area. Douglas Emmett, on the other hand, already owns two buildings on the same stretch of road.

BREA, CA-A June ground-breaking is scheduled for the $35-million Voit Brea Business Park. The developers say it will be the largest speculative industrial park to rise in Orange County in several years.

LA VERNE, CA-Jacksonville-based Stein Mart Inc. signs 10-year lease valued at $3.3 million for 35,000 sf at a local shopping center that was recently acquired by Wohl Investment Co.

SANTA ANA, CA-The 80,000-sf building was sold to property owner I.C. Myers Properties Inc. Melmarc, a silk screen printer, will occupy the entire facility, which stands at 4040 Carriage Dr.