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• Todd Snyder Joins Johnson Capital
6/17/10
Johnson Capital, the national commercial mortgage banking firm, has added a new producer in its Los Angeles office – Todd Snyder, who joins the firm with over 18 years experience as a business consultant with the internationa...
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• Kaye Scholer Renews in Century City
6/17/10
The international law firm of Kaye Scholer LLP has agreed to a 10-year lease renewal for 42k sf of Class A office space in Century City. The firm’s offices are at Sun America Plaza, located at 1999 Avenue of the Stars. The le...
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• Furniture Manufacturer Picks Up 35k sf Carson Facility
6/11/10
In a recent owner/user buy in LA’s South Bay, Noir Trading Inc, a Carson-based furniture manufacturer, purchased a 34.6k sf facility in Carson for $2.57 mil ($74/sf). The building is located at 504-510 Alondra Blvd, across th...
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• Equity Office Locks Up Four Recent Signings at Howard Hughes Center
6/10/10
We’ve got four lease transactions, valued at $5.3 mil and totaling approximately 30k sf, in West LA to report. The transactions were at three of the Class A office buildings within Howard Hughes Center, a campus-like mixed-us...
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• Chris Cooper Named CEO at Charles Dunn Company
6/09/10
Chris Cooper, a 24-year real estate industry veteran, has been named CEO of Charles Dunn Company, one of the largest full service regional real estate companies on the West Coast. Formerly the Senior Managing Director and We...
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• Republic Indemnity Renews 56k sf of Office Space in the Valley
6/08/10
Republic Indemnity Company of America inked a 10-year renewal deal for 56.6k sf of office space at Encino Terrace, a 418.4k sf Class A office property in Encino. The building is located at 15821 Ventura Blvd, west of the 405...
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• MD-Based REIT Wins at Downtown LA Checkers Game
6/07/10
Chesapeake Lodging Trust, an Annapolis, MD-based REIT, just purchased the four-diamond, 188-room Hilton Checkers Hotel in downtown Los Angeles. The property, located at 535 South Grand Ave, was sold by Tarsidia Hotels for $46...
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• Hit the Green With IREM-LA
6/07/10
The Institute of Real Estate Management, Los Angeles Chapter will hold their annual Golf Classic on Monday, June 21 at the Braemar Country Club in Tarzana. The tournament, which promises a day filled with fun, prizes and rene...
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• Law Firms Lock Up West LA Office Space
6/04/10
In a West Los Angeles office transaction, Castle & Associates and Trial Partners Inc signed a lease for 12.6k sf of space at 8383 Wilshire Blvd in Beverly Hills. The 72-month deal has a total value of $3.2 mil, or about $3.53...
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• Major Renovation Completed on Miracle Mile Office Tower
6/03/10
A multi-million dollar renovation was just completed at 6420 Wilshire Blvd, transforming the 207k sf office building in Los Angeles’ Miracle Mile area into a state-of-the-art, multi-tenant workplace that is expected to attrac...
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• NAI Capital Expands Firm’s Multifamily Group
6/02/10
Several veteran brokers have been recruited by Encino-based NAI Capital as part of the firm’s expanding multifamily team. The new hires include Damon Wyler, Executive Vice President and Branch Manager of NAI Capital’s South B...
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• Whittier Medical Office Building Sells for $9 Mil
6/02/10
Doctor's Medical Center, a 40.7k sf medical office building located in Whittier, sold for $9 mil ($221/sf) in a recent SoCal investment buy. Located at 8135 South Painter Ave, Doctor’s Medical Center is an off-campus medical...
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• There’s Spring In the Air in the City of Industry
6/01/10
We’ve got two LA-area industrial deals to report, one in the City of Industry and one in South Gate. One of the transactions is a sale, while the other is a lease.
We’ll lead off in the City of Industry, where Spring In LLC ...
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• 24 Hour Fitness Opens First Burbank Location
6/01/10
Athletic club chain 24 Hour Fitness recently signed a lease for its first location in the city of Burbank. The company signed a 15-year transaction for 47k sf space at 1903 Empire Ave, north of Victory Blvd on the west side o...
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• Local Investor Pays $5 Mil for LA-Area Retail Property
5/28/10
An 11.8k sf, four-tenant retail property fully occupied by Sally Beauty Supply, Payless Shoesource, West Coast Dental and Fashion Q was acquired by a LA-based buyer for $5 mil ($424/sf). Located at 14525 Lakewood Blvd, a coup...
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• Fairfax Financial to Contribute Up to $250 Mil to Partnership with Kennedy Wilson
5/28/10
Beverly Hills-based Kennedy Wilson has formed a new partnership with Fairfax Financial Holdings Limited for the acquisition of commercial real estate assets, which could include loans and real property. Fairfax will provide u...
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• The Big Boss Can Be Bought – for $260/sf
5/27/10
In a recent Burbank sale, The Big Boss Creative office building sold for $6.1 mil. The 23.5k sf ($260/sf) building is located at 135 West Magnolia Blvd, south of Burbank blvd between I-5 and Victory Blvd.
Built in 1959 and ...
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• USC Inks $8 Mil Lease for Beverly Hills Medical Office Space
5/26/10
The University of Southern California (USC) inked a new lease for 14.2k sf of medical office space at Archway Medical Plaza in Beverly Hills for the Doctors of USC Beverly Hills. The nine-year transaction is worth $8 mil, or ...
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• Law Firms Take Over 70k sf of Downtown LA Office Space
5/24/10
Here’s the scoop on two recent law firm leases from downtown LA, both of which were brokered on the tenant side by Jones Lang LaSalle. In one deal, the firm of Murchison & Cumming LLP signed a 10-year deal for 42.2k sf of spa...
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• Draftsmen & Craftsmen
5/24/10
Chef Thomas Keller recently opened his third Bouchon restaurant, located in the Beverly Hills Garden Building at 235 Canon Dr, in the heart of Beverly Hills. The 14.2k sf Bouchon space includes a ground-floor reception area ...
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