HUNTINGTON BEACH, CA—LBG Real Estate has acquired the 30,000 foot site at Brookhurst Street and Adams Avenue from US Bank which assumed ownership when it acquired Downey Savings.

CHICAGO—Although global real estate investment fell in 2014, C&W attributes this to a decline in Chinese land sales, and that drop helped put the US back into the top position.

PHOENIX—Shopoff Realty Investments announces that the company has sold Augusta Ranch Marketplace, an 80,247-square-foot grocery-anchored shopping center, as well as an adjacent developable pad, in Mesa.

LOS ANGELES—A local developer buys a three-building parcel in North Hollywood with plans to build a 70-room boutique hotel, which will break ground later this year.