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May 23, 2015
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LOS ANGELES COUNTY HEADLINES
Kennedy Wilson Named Leasing Firm for Retail Portion of Downtown LA Mixed-Use Development
5/21/15
Assignment is for 167k sf at $1 bil Oceanwide Plaza project

Vacant Valencia Warehouse Property Purchased by Owner/User in $4.6 Mil Deal
5/21/15
44k sf facility acquired by Triscenic Production Services

Eagle Group Finance

Rexford Industrial Realty Picks Up another $29 Mil in SoCal Properties
5/19/15
Firm buys three buildings in Lynwood and City of Industry

Legacy Partners Buys 379-Unit Residential Complex in Marina del Rey
5/19/15
Firm finances purchase of Mariners Bay Apartments with $96 mil loan arranged by CBRE

Lone Oak Fund

The Klub Jumps into Unique Frogtown Space
5/18/15
Sports organization leases 40k sf former airplane hangar along the Los Angeles River, just outside of Silver Lake

Pacific Southwest Realty Services Arranges Loans Totaling Nearly $22 Mil on Marina del Rey Creative Office Property
5/18/15
Financing secured by the two buildings that make up Steven Jones Development Company’s MediaWorks campus

Older Long Beach Apartment Property Purchased for $150k/Unit
5/14/15
20-unit asset had been renovated prior to being listed

Investor Pays $500/sf for West LA Single-Tenant Building
5/14/15
Property was acquired and then immediately re-sold by its occupant

Capital Square Realty Advisors Buys West Covina Retail Asset
5/13/15
37k sf building fully occupied by 24 Hour Fitness

Kinetic Content Puts West LA Office Expansion Efforts in Motion
5/12/15
11755 Wilshire Blvd
11755 Wilshire Blvd
Firm inks two leases totaling 57k sf

Stream Realty Finances South Bay Office Buy with $49 Mil Acquisition Loan
5/12/15
HFF arranges money on recent purchase of 300k sf Pacific Center in Torrance

Illusion Holdings LLC and Ocean Blue Investments LLC Land $33 Mil Short-Term Refi for Downtown LA Mixed-Use Project
5/11/15
Quantum Capital Partners arranges bridge loan on The Medallion

Interstate Equities Corporation Picks Up 34-Unit Burbank Multifamily Asset
5/08/15
Firm intends to make substantial improvements to 1958 property that had never previously been renovated

Four Attorneys at Allen Matkins Elected to Partnership
5/08/15
Prominent real estate and business law firm recognizes Anthony R. Burney, Ted G. Fates, Heather S. Riley and Ryan T. Waggoner

Getty Images Renews Its Miracle Mile Space
5/07/15
Firm to remain in 22k sf at 6300 Wilshire Blvd

GPI Companies Lands $23 Mil in Financing for Beverly Hills Development Property
5/07/15
HFF arranges money for 36k sf site

Planet Fitness Pumps Up Retail Leasing Activity Around Downtown LA
5/07/15
Gym chain inks deal for new 21k sf location

Retail Property in LA’s South Bay Sells for $33 Mil
5/07/15
JH Real Estate Partners buys 125k sf Hawaiian Gardens Town Center

Los Angeles Retail Property sells for $733/sf
5/06/15
Black Equities buys 7.3k sf asset along Melrose Ave

Rexford Nabs Two More SoCal Industrial Properties
5/06/15
Firm spends over $15 mil on a Cerritos single-tenant building and a Santa Fe Springs storage lot

Newly Constructed Retail Center in South Central LA Trades for $24 Mil
5/05/15
Optimus Properties and Infinity Redevelopment purchase property with $22 mil loan arranged by George Smith Partners

Two LA-Area Res Projects from Camden USA Adding Nearly 600 Units to the Region
5/04/15
Both Camden Glendale and The Camden designed by TCA Architects and being built by Bernards

Office Building in LA’s South Bay Fetches $68 Mil
5/04/15
Stream Realty Acquisition buys 292k sf Pacific Center from Bixby Land Company

L.A. County Office Market Sees Modest 66k sf of Absorption in First Quarter of 2015
5/01/15
Avison Young report pegs region-wide vacancy rate at 16.4%

San Pedro Family Arts Colony Completed
4/30/15
49-unit res project developed by Meta Housing Corporation

Office Asset Near Universal Studios Sells for Over $300/sf
4/30/15
Private investor buys 12.5k sf building

DHL Inks $12 Mil Lease Renewal in Redondo Beach
4/28/15
Big air freight firm agrees to another six years at its 235k sf industrial space

Long Beach Apartment Comp Goes for $117k/Unit
4/28/15
24-unit property located in city’s East Village Arts District



 


 
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