She specializes in conversions and is bedeviled by what she sees driving around L.A. “There are opportunities everywhere,” Liljegren said, such as small office buildings on less-traveled streets.

While the number of office buildings reaching critical stages of distress remains small, the figure has increased sharply this year. And investors, lawyers and bankers expect the pain to grow in ...

A 21,400 square-foot office building in Scripps Ranch has been sold for $7 million, a brokerage announced. The property, located at 10065 Old Grove Road, was acquired by Clark Land Resources ...