LOS ANGELES-Opus West starts 132,800-sf speculative office development in Westlake Village, betting that demand in the county's emerging "technology corridor" will remain strong.

LOS ANGELES-Jobs include conversion of hospital to senior housing and some minor remodeling of famed Santa Anita Race Track.

LOS ANGELES-Two major leases valued at $6 million bring occupancy level up to 100% at the new 127,845-sf LAX Cargo Center, the industrial building acquired by San Francisco-based AMB Property Corp. for $11.5 million.

LOS ANGELES-Two of city's best-known movie houses closed their doors on Thursday, but will re-open this summer as performing arts centers.

LOS ANGELES-A privately held trust associated with the Hutton Foundation, which provides grants to nonprofit groups, has sold a 114,000-sf, mixed-use park in Riverside.

LOS ANGELES-Privately held Mani Brothers Real Estate acquires landmark high-rise, home of several entertainment-related tenants.

LOS ANGELES-Commercial real estate investors from Wall Street to Pacific Coast Highway cheer the Federal Reserve's surprise rate-reduction. Tenants will enjoy the benefits first but owners will eventually reap their share too, experts tell GlobeSt.com.

LONG BEACH, CA-Real estate syndicator F&F Partners acquires 126,700-sf office development on Ocean Boulevard.