LOS ANGELES—Douglas Emmett buys a West L.A. office building for $225 million from Hines, which purchased the property for the same price during the last peak and held it through the downturn.

HOUSTON—Hicks Ventures is the property and leasing manager, leading leasing efforts for the class-A structure with 454,843 square feet of net rentable office space, in this EXCLUSIVE.

SOUTHERN CALIFORNIA— Investors in three major Southern California markets are beginning to return to the market as they strive to meet their real estate capital allocations by year end, JLL experts in those three markets tell GlobeSt.com <b>EXCLUSIVELY</b>.

HOUSTON—In separate transactions, the REIT has entered agreements over the past few weeks to sell seven West Coast office properties, eight shopping centers and office towers in Chicago and Dallas.