The Wilshire Corridor’s office vacancy rate stayed fairly flat in the third quarter, dipping to 18.3 percent from 18.5 percent in the prior quarter, and compared with 19.9 percent in the year-earlier period. Class A rents rose to $2.68 a square foot from $2.51 in the third quarter last year. Net absorption was 13,130 square feet.

Main Events

-MWest Holdings acquired the Park Wilshire apartment building at 2424 Wilshire Blvd. in Westlake for $27.4 million from Montgomery Partners.

-The Chapman Park Studio, a 27,171-square-foot building with retailers and apartments at 3501 W. Sixth St., sold for $9.7 million to Chapman Court from a family trust.

-NNC Apartment Ventures acquired a 12-unit apartment building at 738 S. Ogden Drive in Miracle Mile for $9.3 million from Kamyar Lashgari. Cannabis media company High Times took space at the Desmond building at 5514 Wilshire Blvd. on Miracle Mile.