The 234 Apartment

The two towers comprising the Sherman Plaza in Van Nuys have sold for about $62 million, according to CBRE Group Inc. in Los Angeles. The office complex , which totals nearly 270,00 square feet at 15350 and 15400 Sherman Way, was bought by Pacific Reach Properties of Vancouver, British Columbia. The purchase is the company’s first office building in the U.S., Pacific said in a statement, although it owns and manages the National City Tower apartments in downtown Los Angeles and Blu Apartments in Beverly Hills. Majestic Asset Management Inc. of Agoura Hills was the seller. The complex was at least 93 percent occupied at the time of the current transaction. Majestic bought the buildings in 2011 for $49.5 million, according to CoStar Group Inc. To compare to other recent-area sales, 5161 Lankershim Blvd., a 197,000-square- foot office building in North Hollywood, sold for $69 million in May. Majestic also sold a 14,600-square-foot building at 4373 Park Terrace Drive within The Cam...

What Fort Worth needs is — another barbecue joint? No, really. Honey Smoke Pit is just what Fort Worth and West Seventh Street needed : a new barbecue place, bringing a still- unproven restaurant space back to life with a combination of credible Texas barbecue and ample craft beer . Don’t start lining up. Honey Smoke Pit ’s chef, chuck-wagon cook Rodney Lambert , is fresh off the madhouse opening of Smokey Mae’s in Mansfield, so he’s trying to keep Honey Smoke Pit running at a steadier pace and ramp up business in Montgomery Plaza. Lambert is back home in Fort Worth, where he started at the old Deer Creek BBQ , Cowtown BBQ and Fred’s Texas Cafe locations. Honey Smoke Pit keeps a little bit of all those restaurants: pork ribs with a little spice in the rub, juicy brisket with good bark, half-pound burgers and Lambert’s signature sides such as jalapeño-bacon mac-and-cheese, seasoned “ranch hand” beans and panko onion rings . A “Big Shot” platter ($17.99) comes with brisket, ribs, h...