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* Porto Palos Verdes, a Van Nuys-based limited partnership, has acquired the El Monte Center, a 417,000-square-foot retail center at 3530-3610 N. Peck Road in El Monte, for $30.3 million from H-K Peck Partners of Los Angeles. According to Steve Bristol and Dean Zander of the Encino office of Sperry Van Ness, who represented the buyer, the center was built in 1985, then renovated and expanded in 1996. Major tenants include HomeBase, Kmart and Longo Toyota. H-K Peck represented itself in the transaction.
* Eastgroup Properties purchased the 572,224-square-foot Industry Distribution Center in Industry for $22.55 million from a partnership doing business as CSER-IDC 1. The center at 877-943...