Center Equities Buys Bell & Howell Buildings

Los Angeles-based Bell & Howell Records Management Co. has sold eight Southland buildings with a total of 637,600 square feet of warehouse space to privately held Center Equities Inc. of Century City for $23.68 million in cash.

The largest of the structures is a 155,000-square-foot structure at 1025 N. Highland Ave., Hollywood, according to CBI Properties Inc., the broker that handled the transaction. Bell & Howell had acquired the buildings last year when it bought Bekins Records Management Co.