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June 16, 2019
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LOS ANGELES COUNTY HEADLINES
New York Life Investors Buys 200k sf Office Property in North Hollywood
6/14/19
Asset was sold by Beacon Capital Partners

Single-Tenant Retail Property in L.A.ís Los Feliz Area Goes for $1,738/sf
6/13/19
2.2k sf building occupied by NY-based Ample Hills Creamery



Co-Living Developer Pays $1.35 Mil/Unit for New Venice Four-Plex
6/13/19
Buyer to increase resident density by adding more bedrooms

Premier Workspaces Opens First Location in Santa Clarita Valley
6/12/19
Leading flexible workspace operator inks deal for recently renovated building



WelbeHealth Leases Space at Renovated Medical Complex in Pasadena
6/11/19
Deal is at 115k sf Cotton Medical Center

Investor Pays $433k/Unit for Apartment Building in Long Beach
6/10/19
Six-unit property was originally built in 1967



Realm Group Acquires DTLA Site for Res Tower Project
6/10/19
Plans call for a 36-story, 422-unit high-rise

Stos Partners Collects $33.5 Mil from Two SoCal Dispositions
6/06/19
Sales are from assets totaling 221k sf in Chula Vista and San Dimas

Raintree Partners Spends $79 Mil on Glendale Multifamily Portfolio
6/06/19
Purchase consists of 231 units in seven properties

Harbor Freight Tools Leases 229k sf in Calabasas
6/05/19
Firm relocates corp HQ to Corporate Center Calabasas from nearby

Trojan Storage Pays $9 Mil for 1.87-Acre Glendale Site
6/04/19
Firm to build 220k sf self-storage facility on the land

Rexford Industrial Realty Spends $34.5 Mil on Two SoCal Assets
6/04/19
Latest SoCal purchases are in City of Industry and Sun Valley

The RealReal Leases 30k sf Creative Office Space in L.A.
5/31/19
Two-story building located in cityís Exposition Place District

San Fernando Valley Multifamily Property Sells for $24 Mil
5/31/19
Park Terrace Apartments in Reseda goes for $239k/unit

Work Gets Started on the Latest Phase at The Center at Needham Ranch in Santa Clarita
5/31/19
54-acre business park a development of Trammell Crow Company and Clarion Partners

Kimpton Hotel Wilshire in L.A. to Undergo a Full Modernization
5/30/19
R.D. Olson Construction to renovate 42k sf hotel owned by OSM Investment Company

Downtown Los Angeles Multifamily Refinanced with $128 Mil Loan
5/30/19
New financing on Geoff Palmerís Orsini II arranged by George Smith Partners

Sugarpill Cosmetics Leases 10.5k sf in L.A.ís Cypress Park Neighborhood
5/28/19
Cosmetics firm has seen significant growth after inking deal with retailer Ulta

Westwood Apartment Building Sells for Over $900k/Unit
5/28/19
Private investor buys 15-unit property not far from UCLA

Community Preservation Partners Completes Rehabilitation of 48-Unit Low-Income Housing Portfolio in Los Angeles
5/28/19
Work is on the The Curtis Johnson Apartments in the cityís Vermont Harbor neighborhood

$46 Mil Gershwin Sale Provides Local Investor Opportunity to Compose New Value at Hollywood Asset
5/24/19
Purchase of landmark 172-unit res property closes in just 35 days

Downtown L.A. Site Sells for $10.2 Mil
5/24/19
Industrial property occupied by an Avis/Budget truck leasing center

Long Beach Apartment Property Sells for almost $300k/Unit
5/23/19
Six-unit asset in cityís South Wrigley submarket

Columbia Pacific Advisors Provides $17.6 Mil for Building Purchase and Two Other Property Repositioning Projects in the L.A. Area
5/22/19
Transactions include the acquisition of 43k sf mixed-use property near DTLA

Upscale Mixed-Use Complex Opens Its Doors in Burbankís Media District
5/22/19
Cusumano Real Estate Groupís Talaria Burbank offers 241 res units and a Whole Foods Market

Manhattan Village Inks Two New Restaurant Tenants
5/20/19
Latest signings at upscale, 44-acre SoCal retail center include dan by ROC and edo Little Bites

Office Tower in L.A.ís Brentwood Neighborhood Purchased for $58 Mil
5/17/19
105k sf building was 99% occupied at time of sale

Moulton Logistics Management Inc Renews 255k sf of Industrial Space in Van Nuys
5/17/19
Firm signs deals with Prologis at two buildings

Cerritos Bank-Occupied Building Trades for $1,250/sf
5/17/19
5.2k sf Comerica property sells for $6.5 mil

Rexford Industrial Realty Spends $30 Mil on Two LA Area Industrial Buys
5/16/19
Latest acquisitions are in Van Nuys and Rancho Dominguez

IDEAL Capital Group and Aegon Real Assets US Acquire 105-Unit Res Asset in Redondo Beach
5/14/19
Novella Redondo had extensive water damage prior to sale

Recently Constructed SoCal DaVita Facility Sells for $670/sf
5/09/19
11.5k sf freestanding building is in Carson

Venice Mixed-Use Building Sells for Almost $1,000/sf
5/07/19
Two-story property consists of creative office over retail

Two 1950s Apartment Buildings in West Hollywood Sell for Around $400k/Unit
5/06/19
The sales totaled $13.6 mil

Valencia Pipe Company Leases 171k sf HQ Space in Valencia
5/02/19
$10 mil deal will enable firm to relocate from within the area

TA Realty Spends $138 Mil for El Segundo Office Tower
5/02/19
340k sf building about to be vacated by Northrop Grumman

Warner Center Office Tower to Undergo $50 Mil Makeover
5/01/19
Ownership partners with Lincoln Property Company division for major project once Anthem Blue Cross vacates by the new year

Pasadena Building Occupied by Whole Foods Sells in $100 Mil Deal
5/01/19
Acquisition includes two acres of adjoining land

Pad Buildings at Walmart Supercenter in Lancaster Sells for $6 Mil
5/01/19
Assets go for $435/sf

Rexford Industrial Realty Spends $139 Mil onTwo SoCal Purchases
4/30/19
Deals are for properties in the San Fernando Valley and in central San Diego

Office Building on Los Angelesí Westside Sells for $700/sf
4/30/19
Deal is for 17k sf property near Beverly Hills

Urban Stearns Buys 30k sf Development Site in San Pedro
4/29/19
Firm plans to build 120 res units over retail

Burbank Retail Building Trades for over $500/sf
4/25/19
Deal is for 14k sf property occupied by Harbor Freight and Tools

Long Beach Dialysis Clinic Trades for $8.4 Mil
4/23/19
Meridian developed and then sold the facility

Two West Hollywood Apartment Buildings Trade in Deals Near $400/Unit
4/22/19
Transactions total 34 units with a combined price of $13.6 mil

Rexford Industrial Realty Spends $84 Mil on Four SoCal Assets
4/19/19
Latest acquisitions include properties in City of Industry, Carlsbad, Orange and San Marcos

Max Sales Group Buys 64k sf Warehouse Property in City of Industry
4/18/19
Property fetches $180/sf

Scopely Leases 60k sf in Culver City
4/18/19
Deal is for expansion of Platform project by Runyon Group

Archway Holdings Buys 40k sf Office Asset in Hollywood
4/16/19
Two-story building is fully leased to Deluxe Entertainment

Apartment Property in Bellflower Sells for $231k/Unit
4/16/19
Investor spends $6 mil on 26-unit asset

Santa Monica Office Asset Trades for Almost $1,000/sf
4/16/19
Ryobi Holdings buys 16k sf compound in the cityís Media District

Exchange Investor Trades into $8.5 Mil Auto-Based Retail Center
4/16/19
Deal is for 20.5k sf Valencia Autoplex

Brevast US Acquires LA-Area Office Assets Totaling 158k sf
4/15/19
Properties are located in Beverly Hills and Los Angeles

Apartment Building in West Hollywood Sells for $488k/Unit
4/15/19
Deal comes in at $561/sf

Senior Housing Development Planned for Los Angelesí Koreatown Neighborhood
4/12/19
Meta Housing Corporation and Western Community Housing to build 72-unit Vermont Corridor Apartments

Cultural Landmark Building in Downtown L.A. Refinanced with $16 Mil Loan
4/11/19
Quantum Capital Partners arranges financing on Duns Capitalís Grether & Grether building

Chatsworth Industrial Building Trades for Just Under $10 Mil
4/10/19
The buyer, Allsale Electric, had been leasing the property since 2016

Vacant Office Property in El Segundo Sells for $564/sf
4/10/19
Private investor spends $31 mil on 55k sf building

Low-Income Senior Housing Project in Lancaster Sells for $8.65 Mil
4/09/19
132-unit Aurora Village Apartments fetches $65k/unit

Luxury Res Project Opens in L.A.ís Miracle Mile District
4/09/19
The Mansfield at Miracle Mile features 138 apartment homes over 13k sf of retail space

HBO Leases 240k sf at Ivy Station Project in Downtown Culver City
4/08/19
Firm takes entire office space at $350 mil mixed-use development from Lowe, AECOM-Canyon Partners and Rockwood Capital

San Fernando Valley Movie Production Property Trades for $181/sf
4/08/19
Investor buys 9k sf Movie Tech Studios facility in Van Nuys

Harbor Associates Closes $48 Mil Office Buy in the San Fernando Valley
4/08/19
Four-building Encino Office Park contains 213k sf of space



 


 
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