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August 20, 2019
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LOS ANGELES COUNTY NEWS
Archive
1  | 2  | 3  |  4  | 5  | 6  | 7  | 8  | 9  | 10  ...  205
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• Burbank Retail Building Trades for over $500/sf
4/25/19
A 14k sf retail property in Burbank has sold for $7.78 mil, or $556/sf. The property, located at 822 S San Fernando Blvd, is occupied by Harbor Freight and Tools. The property is in a highly desirable section of Burbank just...
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• Long Beach Dialysis Clinic Trades for $8.4 Mil
4/23/19
A private investor based in Berkeley paid $8.42 mil for a dialysis clinic in downtown Long Beach. The outpatient clinic, located at 1090 Atlantic Ave, at the signalized intersection of Atlantic and East 11th St, was sold by M...
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• Two West Hollywood Apartment Buildings Trade in Deals Near $400/Unit
4/22/19
Weíve got two multifamily comps from West Hollywood to share with you. The properties total 34 units and sold for a combined price of about $13.6 mil. In one of the deals, an 18-unit asset at 8450 De Longpre Ave sold for $7....
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• Rexford Industrial Realty Spends $84 Mil on Four SoCal Assets
4/19/19
Rexford Industrial Realty Inc recently acquired four SoCal industrial properties in deals totaling $84.5 mil. The acquisitions were funded using cash on hand. According to comments from the company, this acquisition of over ...
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• Max Sales Group Buys 64k sf Warehouse Property in City of Industry
4/18/19
Max Sales Group purchased a 64k sf industrial warehouse in the City of Industry for $11.525 mil ($180/sf). Max Sales Group is a wholesale manufacturer of products, including consumer electronics and home, auto, kitchen, and p...
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• Scopely Leases 60k sf in Culver City
4/18/19
Scopely has signed a lease for 60k sf of office space at a new property in Culver City. The building, located at 8888 Washington, is an expansion of Runyon Groupís Platform project. It is expected to be completed in late 2020...
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• Archway Holdings Buys 40k sf Office Asset in Hollywood
4/16/19
Archway Holdings acquired a 40.3k sf office property in Hollywood. The price was not disclosed, although we can tell you that it last sold a little over three years ago for $19 mil, or about $470/sf. The building was the home...
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• Apartment Property in Bellflower Sells for $231k/Unit
4/16/19
Bellflower Boulevard Apartment Homes, a 26-unit multifamily community in Downey, was acquired by a private investor for $6 mil, or $231k/unit. Located at 11638 Bellflower Boulevard, the property consists of 17 one-bedroom a...
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• Exchange Investor Trades into $8.5 Mil Auto-Based Retail Center
4/16/19
Valencia Autoplex, a fully occupied, three-building 20.5k sf retail center in Valencia, traded hands for $8.5 mil ($415/sf). The buyer was a Los Angeles-based private investor. Built in 1996 and situated on 1.81 acres at 235...
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• Santa Monica Office Asset Trades for Almost $1,000/sf
4/16/19
A 16.1k sf, three-story freestanding office compound in the heart of the Santa Monica media district sold for $16 mil, or $994/sf. The buyer was Ryobi Holdings. Built in 1982, the property is located at 1545 26th St, betwee...
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• Brevast US Acquires LA-Area Office Assets Totaling 158k sf
4/15/19
Breevast US purchased the two LA-area, Class A office buildings totaling 158.8k sf from Ocean West Capital Partners in an off-market. The properties are located at 8942 Wilshire Blvd in Beverly Hills and 4525 Wilshire Blvd in...
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• Apartment Building in West Hollywood Sells for $488k/Unit
4/15/19
A four-unit apartment building in West Hollywood has sold for $1.95 mil ($487.5k/Unit), or $561/sf. The property, located at 8904 Rangely Ave, was acquired by Rangely Partners LLC, a Los Angeles area real estate investor. Th...
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•  Senior Housing Development Planned for Los Angelesí Koreatown Neighborhood
4/12/19
Meta Housing Corporation and Western Community Housing have formed a joint venture to develop Vermont Corridor Apartments, a six-story, transit-oriented senior and permanent supportive housing multifamily community in Los Ang...
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• Cultural Landmark Building in Downtown L.A. Refinanced with $16 Mil Loan
4/11/19
Duns Capital has obtained a $16 mil cash-out loan on a recently converted seven-story, mixed-use property in Downtown Los Angelesí Fashion District. The permanent debt financing took out an existing floating rate loan and was...
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• Chatsworth Industrial Building Trades for Just Under $10 Mil
4/10/19
A 55k sf industrial building in Chatsworth sold for $9.65 mil, or $175/sf. The property is located at 9240 Jordan Ave, north of Nordhoff St and east of Topanga Canyon Blvd. It was acquired by Allsale Electric, a division of ...
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• Vacant Office Property in El Segundo Sells for $564/sf
4/10/19
A 55k sf office building in El Segundo traded hands in an off-market deal valued at $31 mil, or $564/sf. The property, located at 2221 Park Place, just north of Rosecrans Ave between Sepulveda Blvd and the 405 Fwy, was delive...
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• Low-Income Senior Housing Project in Lancaster Sells for $8.65 Mil
4/09/19
Aurora Village Apartments, a 132-unit, low-income senior housing project located in what is envisioned to become Lancasterís Medical Main Street, has traded for $8.65 mil, or $65.5k/unit. The community sits on 3.4 acres at 4...
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• Luxury Res Project Opens in L.A.ís Miracle Mile District
4/09/19
The Mansfield at Miracle Mile, a new mixed-use project in L.A.íS Miracle Mile area, has opened to the public. The project, located at 5100 Wilshire Blvd, a block away from the future Purple Line Station at Wilshire and La Bre...
more » 

• HBO Leases 240k sf at Ivy Station Project in Downtown Culver City
4/08/19
HBO inked a long-term deal for the 240k sf of office space at the Ivy Station mixed-use, campus development in Culver City. HBO intends to use the space as its West Coast corporate HQ, relocating from its current space at Col...
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• San Fernando Valley Movie Production Property Trades for $181/sf
4/08/19
Movie Tech Studios, an 8.9k sf movie production studio property in Van Nuys, sold for $1.6 mil, or $181/sf. The property is located at 14737 Arminta St, west of Van Nuys Blvd and south of Roscoe Blvd. For over 61 years Movie...
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