LOS ANGELES-The Sorgente Group of America invests in the 12-story property ‘to conserve the structure and ensure that it remains a cultural landmark.’

I used to think of buying a home as an investment, but I don't see it really paying off financially, so there has to be some other payoff to make it worthwhile.

LOS ANGELES-Although a soft patch is expected to continue, according to a recent Beacon Economics forecast for the region, ‘concerns over another economic dip into recession are overblown.’

LOS ANGELES-Despite the sluggishness, according to UCLA Anderson Forecast’s June 2012 Economic Outlook, data does indicate that the the local market will grow more rapidly than the nation’s in 2013 and 2014.

LOS ANGELES-Morrison & Foerster is relocating from the Gas Company Tower here in Downtown and signs on for 77,300 square feet on the top four floors of Beacon Capital’s 62-story Aon Center building.

LOS ANGELES-The makeover of Baldwin Hills Crenshaw Plaza has been two years in the making and includes several new retailers.

COSTA MESA, CA-Although the three-building Legacy Redhill Center is 100% leased, JLL tells GlobeSt.com that it is marketing 82,338 square feet that will vacate at the end of the year.

DENVER-The move will allow the Southern California-based firm to ‘pursue growth strategies in its core business area, arranging commercial real estate financing for a wide variety of property types.’