LOS ANGELES—The joint venture buys a 1.7 million square foot class-A office portfolio in Westwood, giving Douglas Emmett 74% control of the office market in the Westwood corridor.

NEW YORK CITY—Award winners among the 16 candidates will be honored next month during a cocktail reception hosted by the association's sales brokers committee.

NEW YORK CITY—A subsidiary of Vanke Ltd. Co.—China's largest residential developer—along with two US partners based here, has purchased a property that reportedly was owned by a nursing care provider.

SAN DIEGO—Bosa Development acquires Five Thirty B, a 232,936-square-foot building, from Kearny Real Estate for $53M as part of the seller's business plan to reposition the former Union Bank headquarters to appeal to a variety of tenants.