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March 28, 2024
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LOS ANGELES COUNTY NEWS
Archive
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• Far West Management to Renovate 196-Unit Marina del Rey Res Community
1/07/15
Far West Management has obtained a $36 mil bridge-to-perm loan for the renovation of Villa Del Mar Apartment Homes, a 196-unit multifamily complex on the waterfront in Marina del Rey. The four-building property, which include...
Price: $4.99
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• Vista Investments Begins Work on New Hampton Inn & Suites in Glendale
1/07/15
Vista Investments LLC has begun construction on a five-story, 94-room Hampton Inn & Suites hotel in Glendale. The project, located on the corner of Colorado St and Brand Blvd, is being built by Irvine-based general contractor...
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• American Realty Capital Global Trust Spends $96 Mil on North LA Lab/Office Facility Occupied by Quest Diagnostics
1/06/15
In a major acquisition in northern LA County, American Realty Capital Global Trust Inc paid $96 mil for a 226.4k sf ($424/sf), state-of-the-art lab and office facility occupied by Quest Diagnostics in Santa Clarita. The Class...
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• American Realty Advisors Ends the Year with 174k sf LA-Area Industrial Buy
12/31/14
American Realty Advisors closed out 2014 with the purchase of a 174.3k sf industrial building in Santa Fe Springs. The building, located at 15050-15066 Shoemaker Ave, was sold by Lincoln Property Company. The property, a Cla...
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• Business Finance Capital is Second Ranked SBA 504 Loan Provider in LA County, Orange County and Inland Empire Regions
12/30/14
Business Finance Capital (BFC) of Los Angeles is the second ranked provider of direct Small Business Administration 504 program loans in the Los Angeles County, Orange County and Inland Empire regions based on total dollar am...
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• Deluxe Media Leases 40k sf Hollywood Building
12/30/14
In an end-of-year, entertainment biz lease, Deluxe Media inked a 10-year deal for an entire two-story, 40.3k sf building in the heart of Hollywood. The building, located at 900 North Seward St, south of Santa Monica Blvd and ...
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• Downey Industrial Asset Trades for $139/sf
12/29/14
In a recent LA-area industrial sales comp, a 26.9k sf building in Downey sold for $3.75 mil, or about $139/sf. The building is located at 11899 Woodruff Ave, south of Firestone Blvd and west of the I-680 Fwy. The buyer, MT R...
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• XLD Group Buys Los Angeles Airport Marriott Hotel
12/24/14
In a big SoCal hotel buy, XLD Group LLC has acquired the 1,004-room Los Angeles Airport Marriott from DiamondRock Hospitality Company for $150 mil. XLD Group is the U.S. subsidiary of Chinese hotel investment company Sichuan ...
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• Peregrine Realty Partners Spends $20 Mil on West Valley Office Property
12/23/14
Peregrine Realty Partners closed on a significant, year-end office buy in the west San Fernando Valley, having purchased a 92.5k sf building at 5950 Canoga Avenue in Woodland Hills. The property sold for $19.5 mil, or about $...
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• Rexford Industrial Realty Wraps Up $12 Mil LA-Area Buy
12/22/14
Rexford Industrial Realty picked up a three-building industrial complex in Los Angeles for $11.9 mil, or approximately $187/sf. The acquisition was funded with the company’s credit facility. The property, located at 11120, ...
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• DivcoWest Teams Up with Maguire Investments to Own Water’s Edge in Playa Vista
12/19/14
DivcoWest and Maguire Investments have entered into a joint venture that will own and manage Water’s Edge, a 260k sf Class A office campus in West Los Angeles’ Playa Vista submarket. The venture will also develop a state-of-...
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• Costco Acquires 23-Acre Torrance Site for New 164k sf Store
12/18/14
National discount retailer Costco has acquired a 23-acre parcel of land in Torrance, with plans to build an expanded area store on the site. The property, located at 2740 Lomita Blvd, between Crenshaw and Hawthorne Blvds, was...
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• Trion Properties Acquires 20k sf Retail Asset in Redondo Beach
12/18/14
Los Angeles-based Trion Properties acquired Seaside Village, a 20.1k sf retail condo located within a mixed-use property in Redondo Beach. Trion acquired the property for $5.78 mil, or $287/sf, in an off-market transaction fr...
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• Draftsmen & Craftsmen
12/17/14
Construction is complete on Torrance Memorial’s new $480 mil Melanie and Richard Lundquist Tower. McCarthy Building Companies Inc served as general contractor of the hospital facility, which was delivered over four-and-a-half...
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• Thorofare Capital Provides $5 Mil Bridge Loan for Redondo Beach Distressed Retail Buy
12/17/14
Thorofare Capital has funded a $5.04 mil bridge loan for the acquisition of Seaside Village Shopping center, a 20k sf retail property located at the intersection of Pacific Coast Highway and Vista del Porque in Redondo Beach....
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• Pair of New Industrial Facilities in La Verne Being Marketed for Sale or Lease
12/17/14
Two new, state-of-the-art industrial facilities, totaling 83k sf, in La Verne are being offered for sale or lease. The buildings, located at 1300 and 1306 Palomares Dr, just north of Arrow Hwy, are expected to be completed in...
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• Hong Kong Investment Firm Spends Over $20 Mil on San Gabriel Valley Retail Center
12/17/14
South Hills Plaza, a 120.6k sf community shopping center in the San Gabriel Valley city of West Covina, was purchased by LT Global (LT Holdings in the US), a Hong Kong-based publicly-traded investment firm. The property sold ...
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• Upscale Res Development in Bel Air Opens to the Public
12/16/14
Empire at Bellagio, a new, upscale apartment development in Bel Air, has opened to the public. The project, a development of Empire Property Group, consists of 23 luxury one-, two- and three-bedroom apartments with an average...
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• Intertex and Oaktree Capital Management Buy North LA County Biomedical R&D Portfolio
12/16/14
A joint venture between Valencia-based Intertex and funds managed by Oaktree Capital Management L.P. has acquired the Mann Biomedical Park located in Valencia, and Sylmar Biomedical Park located in Sylmar. The portfolio was s...
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• DCT Industrial Trust Makes $12 Mil LA-Area Buy
12/15/14
In an LA-area industrial buy, DCT Industrial Trust paid $12.3 mil for a 101.7k sf ($121/sf) distribution building in Rancho Dominguez. The facility, located at 3136 Victoria Ave, was sold by CT Realty. The property is 100 pe...
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