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August 20, 2019
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LOS ANGELES COUNTY HEADLINES
San Gabriel Valley Multifamily Asset Trades in $34 Mil Deal
8/19/19
Local investor spends $212k/unit for Sagewood Gardens
Condo-Mapped Multifamily Property in Pasadena Goes for $380k/Unit
8/16/19
Exchange investor spends $8.75 mil on 23-unit asset that includes subterranean parking


Prologis Pays $41 Mil for 11-Acre Site in Commerce
8/16/19
Acquisition includes an existing 85k sf facility
Long Beach Apartment Comp Comes in at $232k/Unit
8/14/19
Investor pays $4.65 mil for 20-unit asset
The World May not Be Flat but Cool Housing in DTLA Is
8/13/19
Experiential living project offers unique mix of amenities, communal features and a walkable neighborhood in value-oriented studio units
Unique Property in Downtown Hermosa Beach Sells for $775/sf
8/12/19
$18 mil deal is for The Bijou Building


San Fernando Valley Apartment Community Gets a New Owner in $23 Mil Transaction
8/09/19
Local investor pays $235k/unit for Branford Villas in Pacoima
Optimus Properties Sees Value-Add Opportunity in $22 Mil Medical/Office Buy in the San Fernando Valley
8/09/19
Firm acquires 85k sf tower adjacent to Providence Tarzana Medical Center
Multifamily Project in L.A.’s Koreatown Neighborhood Funded with $16 Mil Loan
8/07/19
Parkview Financial provides construction money for 65-unit development
Partnership Between DJM and Gaw Capital USA Buys Hollywood & Highland Retail Center from CIM Group
8/06/19
Sale does not include the 180k sf Dolby Theatre
Whole Foods Inks Anchor Lease at New Development on L.A.’s Westside
8/05/19
Chain takes 50k sf space at Carmel Partners’ Cumulus District
Want to Find Out What's In Store for L.A.'s Westside? Attend RENTV's State of the Market Conference on Sep 6
8/01/19

RENTV's 4th Annual Westside Los Angeles State of the Market Conference -- to be held on September 6 -- will feature a series of informative panels comprised of retail experts, multifamily dealmakers, office principals and all-star brokers, who will discuss the markets for the region. It will kick-off with a networking breakfast. Click here to learn more.
Carson Retail Property Sells for $446/sf
8/01/19
Acquisition is for 28k sf Carson Bonita Plaza
Foreign Investor Buys Leasehold Interest in San Gabriel Valley Retail Center
8/01/19
$13.6 mil deal for 42k sf Glendora Commons
Vacant Building near Cedars-Sinai Medical Center in L.A. Sells for $1,400/sf
7/30/19
5k sf property was the long-time home of Chaya restaurant
Exchange Investor Spends Over $10 Mil on 53k sf Biz Park in Rancho Dominguez
7/30/19
Laurel Park Commerce Center sold by PRG Investment & Management
Santa Monica Apartment Building Sells for Over $400k/Unit
7/30/19
24-unit property goes for around $10 mil
Long Beach Apartment Property Bought by L.A. Investor in $4.65 Mil Deal
7/26/19
20-unit asset viewed as a value-add opportunity
Apartment Building near Downtown Culver City from 1963 Trades for $317k/Unit
7/29/19
Buyer has immediate opportunity to reposition 30% of the property
Glendale Apartment Sales Comp Comes in at $272k/Unit
7/26/19
Private investor pays $7.9 mil for 29-unit Lexington Apartments
Los Angeles and Orange County Rank as Two of the Top Markets for U.S. Net-Lease Investment in 2018
7/24/19
Latest research from CBRE reports that net-lease investments in L.A. alone totaled $3.3 bil for the year
Sterling Organization Pays $35 Mil for Melrose Crossing
7/23/19
Acquisition is of two high-street buildings located across from each other on Melrose
New York-based Vella Group Pays $50 Mil for El Segundo Office Campus
7/19/19
200k sf complex sold by T-I-C group
San Fernando Valley Multifamily Property Trades for $250/Unit
7/22/19
28-unit asset located near California State University, Northridge
San Fernando Valley Apartment Building Sale Provides $250k/Unit Comp
7/18/19
Local investor spends $5 mil on Casa Bryant property in Canoga Park
Work Started on $34 Mil Charter School Facility in Granada Hills
7/17/19
90k sf campus project being built by C.W. Driver Companies
Investor Pays $395k/Unit for San Gabriel Valley Apartment Building
7/17/19
11-unit The Courts Alhambra gets new owner in $4.35 mil deal
Pacific Apartment Homes Wraps Up New Santa Monica Res Project
7/17/19
32-unit Pico Eleven was designed by KFA Architecture
Office Building in L.A.’s Larchmont Village Fetches over $800/sf
7/16/19
Jewel box property acquired by a local investor
Biz Park in L.A.’s South Bay Trades for Near $200/sf
7/16/19
Exchange investor pays $10.45 mil for 53k sf campus in Rancho Dominguez
North Hollywood Industrial Property Sold Before the Listing Hits the Market
7/16/19
100k sf site currently improved with USPS facility but could be redeveloped in the future
West Los Angeles Apartment Property Sale Comes in at 3.7% Cap Rate
7/12/19
Seven-unit asset includes a house and six one- and two-bedroom units
Commercial Real Estate Financing Briefs
7/12/19
Recent transactions from Sonnenblick-Eichner Company, Newmark Realty Capital and George Smith Partners
DTLA Office High-Rise to Undergo $20 Mil Renovation
7/12/19
KBS begins extensive re-do at Union Bank Plaza
Bolour Associates Acquires Site in LA’s Koreatown for $7.4 Mil
7/11/19
Firm then inks ground lease with quick-serve restaurant tenant
West Los Angeles Land Assemblage Sale Goes for Over $600/sf
7/11/19
Developer pays $9.4 mil for triple-lot acquisition near Century City
Apartment Building in L.A.’s Los Feliz Neighborhood Trades at 3.42% cap rate
7/11/19
16-unit asset goes for $5.45 mil
Apartment Building in L.A.’s Silverlake Area Sells for $281k/Unit
7/10/19
32-unit asset goes for $9 mil


 


 


 
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