Clarke assumes responsibilities for the commercial services business in offices in California, Arizona, Colorado and Washington after a successful three decades of service at Transwestern.

After rent growth slowed down last spring, apartment rent growth in Los Angeles has held steady at a range of 1% to 1.6%.

The flexible workspace provider has leased five floors in United Group's Midtown office building near Herald Square.

Mixed-use projects are appealing to residents in the Bay Area because those developments combine housing with amenities and conveniences, along with proximity to jobs, transportation and services.