LOS ANGELES-Steve Swerdlow takes the reins as president of the western division of CB Richard Ellis, moving from his former post as president of global corporate services.

IRVINE, CA-Pathway Capital Management signs for 37,250 sf at the new 266,000-sf class A office project being developed by Hines and Crescent Real Estate Equities at 2211 Michelson Dr.

MILAN-Including the purchase price, the new ownership intends to invest a total of $129.1 million (euro 100 million) into the property, which will provide office and retail space.