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Torrance, CA - April 10, 2012 - (RealEstateRama) -- Houston, Texas-based developer The Dinerstein Companies has acquired a 10.4-acre site entitled for 707 apartment units in the Warner Center area of Woodland Hills, Calif., according to John Battle, SIOR and Craig Stevens, principals of Lee & Associates-LA North/Ventura, Inc., who represented the buyer and seller in the transaction with Lee principals Jim Fisher and Mike Smith.