Mani Brothers Real Estate Investment

The former West Hollywood headquarters of noted architect Charles Luckman was sold Wednesday for a near-record price per square foot in Los Angeles County, accentuating a run-up in local office values over the last few years. Los Angeles-based Mani Bros. Real Estate Group bought two Sunset Boulevard office buildings on the eastern border of Beverly Hills for undisclosed terms, said Chief Executive Simon Mani.

The former West Hollywood headquarters of noted architect Charles Luckman was sold Wednesday for a near-record price per square foot in Los Angeles County, accentuating a run-up in local office values over the last few years. Los Angeles-based Mani Bros. Real Estate Group bought two Sunset Boulevard office buildings on the eastern border of Beverly Hills for undisclosed terms, said Chief Executive Simon Mani.

Los Angeles-based Mani Brothers Real Estate Investment has sold a 60,000-square-foot office building in Sherman Oaks to Douglas Emmett Realty for $12.5 million. The four-story building on Ventura Boulevard is anchored by Sanwa Bank and has about 20 other tenants. Bob Safai of Madison Partners represented Mani Brothers in the sale.

Mayor Antonio Villaraigosa collected more than $761,000 for his education reform efforts during the last six months of 2006, some of it from companies and individuals who have had business before the city but no direct link to education, according to financial reports filed with the state Wednesday. The funds come on top of more than $1 million collected by Villaraigosa during the first six months of last year.