LONG BEACH, CA—Formerly occupied by Boeing, the facility will serve as Mercedes Benz USA's Western Region vehicle preparation center and learning and performance center.

LOS ANGELES—The Hodgdon Group completes construction of the former FAMSA building, marking the completion of the development firm's 19th Ashley Furniture store.

LOS ANGELES—The latest office market reports show the sector is down 16.4% from the previous quarter, largely due to poor job growth and the trend toward smaller, open-format office spaces.

LOS ANGELES—Josh Swartz and Josh Kaplan join the firm's capital markets team as SVPs to focus on multifamily investment sales and development in Southern California.

LOS ANGELES—The two-acre City Market South begins construction on a multi-million dollar renovation project, the first phase of the 10-acre City Market of Los Angeles mixed-use development.

LOS ANGELES—The public investment trust acquires two properties, one in Crescent Bay and another in San Fernando, totaling 176,978 square feet for $21.9 million.

LOS ANGELES—Named SVP of marketing and corporate solutions, Hudson tells GlobeSt.com how marketing is important and effective to the CRE world in this <b>EXCLUSIVE</b> Q&amp;A.

LONG BEACH, CA—JLL will handle the leasing efforts for the 20-story, 400-square-foot office tower that Parallel Capital Partners purchased in April for $101 million, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.