LOS ANGELES—The Mani Brother buy a three-story, 89,365-square-foot office complex in Playa Vista for $48 million, with plans to completely renovate the property.

LOS ANGELES—The major industrial investor purchases the 168,000-square-foot property, which is occupied fully by Sugar Foods, because of the healthy user demand and climbing rental rates.

HAWTHORNE, CA—A private investor buys the 60,352-square-foot retail center for $414 per square foot with plans to redevelop the property.

HOLLYWOOD, CA—A private investor buys the Whitley Heights in a highly competitive sale that generated multiple offers and secured escrow in only 72 hours.

BEVERLY HILLS, CA—The first phase of ETCO Homes' newest luxury condo development 460 Palm is already half sold, illustrating the high demand for condominiums in the market.

SANTA MONICA, CA—The Water Garden Phase I, a two-building 673,660-square-foot class-A office building, secures the 12-year fixed-rate loan to refinancing the property, which is part of a larger 1.7-million-square-foot property.

LOS ANGELES—The firm names Timothy P. Foutz as the new CEO to oversee the company's 14 Southern California-based offices and 300 employees.

LOS ANGELES—Walk-ups are welcome at the RealShare L.A. conference in Century City, where CRE experts will discuss capital markets trends, emerging markets and redevelopment trends.