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September 2, 2010
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LOS ANGELES COUNTY HEADLINES
NewMark Merrill Closes 165k sf CO Retail Buy
9/02/10
LA firm picks up Arvada Marketplace East
Nordstrom Adds another Strong Anchor Presence at Santa Monica Place
9/01/10
National specialty retailer latest to open doors at new Westside development




West LA High-Rise Becomes an Ivory Tower
9/01/10
Investment management firm takes 11k sf at Wilshire Landmark I
Prominent West LA Retail Center Hits the Market
8/31/10
PASSCO selling The Promenade at Howard Hughes Center


Decron Properties Provides $17 Mil Bridge Loan for Canfield Development
8/31/10
Financing allows for recapitalization of construction loan on Miracle Mile condo project
Footwear Distributor Steps Into 140k sf Commerce Facility
8/31/10
Industrial owner feeling good after 45k sf lease with Maruhana
gallery421 Officially Open for Viewing
8/30/10
Lyon Communities’ new 291-unit Long Beach res project offers upscale living in the city’s downtown
$9 Mil Note on West LA Office Building Offered for Sale
8/27/10
Lucent Capital marketing first mortgage note for local financial institution


Kennedy Wilson to Auction Units in Seattle’s First Green Condo/Hotel Property
8/27/10
Starting bids will be as low as $160k on units previously starting at $395k
Line 6 Lines Up 57k sf Calabasas HQ Space in New $8 Mil Lease
8/27/10
On Assignment leases nearby 37k sf building; report includes Van Nuys industrial sale
Investors Pick Up LA-Area Apartment Properties
8/26/10
Marcus & Millichap brokers pair of sales in the $1.5 – $ 2mil range
Hudson Pacific Closes on $15 Mil Beverly Hills Office Buy
8/26/10
LA firm completes first acquisition since recent IPO
Robert Half Takes Full 11k sf of Office Space in Westwood
8/25/10
Staffing firm signs long-term deal at Westside high-rise
Cedars Sinai Leases West Hollywood Building
8/24/10
Medical Center needs space for addition outpatient programs
CA DMV Signs Deal with Xebec for New El Monte Office Building
8/24/10
State agrees to 20-year lease for yet-to-be-built LEED-certified structure
Bank of America Plaza Achieves LEED EB:OM Certification
8/19/10
Landmark high-rise is owned by Brookfield Office Properties
Fairfax Financial Closes $32.5 Mil Purchase of Kennedy Wilson Stock
8/19/10
Transaction follows prior investments in KW
George Smith Partners Arranges $32 Mil in Construction Funding on Hollywood Apt Development
8/17/10
Previous owner had completed 70% of work on 180-unit project
Hudson Pacific Properties Spends $27 Mil on South Bay Office Property
8/16/10
113k sf Del Amo Office building is fully leased to Saatchi & Saatchi
Watson Land Gets Huffy
8/13/10
Bicycle manufacturer leases 190k sf South Bay facility
Consulate General of Malaysia Inks Downtown LA Office Renewal
8/12/10
Newly formed law firm takes 60th floor at US Bank Tower


Next Century Closer to New Development at Century Plaza Hotel Property
8/12/10
Developer unveils revised plans for property that adds new mixed-use space and keeps landmark hotel intact...

Santa Monica is Still The Place
8/11/10
Macerich opens new 524k sf development to large crowds and high retailer demand
BH Properties Locks Up New Tenants in Salt Lake City
8/10/10
LA firm signs new deals for over 100k sf of space


Dominion Negotiates Loan Modification and Restructuring on NoCal Retail Center
8/10/10
New financing provides borrower with 21% reduction off original loan principal
LA-Area Multifamily Sales Review
8/06/10
Trio of recent comps in the $1 Mil to $3 Mil price range
USC Inks 160k sf Westside Office Renewal
8/05/10
Long-term deal at Marina towers is said to be largest 2010 office deal in West LA
Diversified Crating & Packaging Acquires 34k sf Gardena Facility
8/05/10
Company plans 3rd Qtr 2010 relocation from Carson
PSSI Leases 23k sf Near Van Nuys Airport
8/04/10
16k sf Pacoima building trades hands


Consumer Goods Company Leases 155k sf Santa Fe Springs Facility
8/03/10
Alticor/Access Business Group signs seven-year deal at Golden Springs Business Center
AIR Forms Young Professionals Advisory Group
8/02/10
Move is an effort by organization to stay connected with younger members
Pieces Coming Together After Mosaic Ground Breaking Event
8/02/10
AMCAL underway with 56-unit affordable housing project in LA’s Pico Union District
La Canada Retail Center Fetches $16 Mil
7/30/10
Investor group picks up 42k sf Foothill Promenade
Local Investor Spends $7.6 Mil on North Hollywood Multifamily Asset
7/30/10
88-unit Provence Way Apartments sells for $86/unit
LA Office Market Continues to Struggle While Industrial Market Sees Some Gains
7/30/10
Mid-year review from Grubb & Ellis
Mercedes-Benz Renews Its Beverly Hills Showroom Space
7/29/10
Dealership inks deal for another 15 years at three-story building
New RENTV Executive Report: South Bay Hot Transactions
7/28/10
12 months of sale and lease comps from LA’s South Bay region
Casden’s Latest SoCal Apartment Community Set to Open Its Doors
7/28/10
Empire Landing in Burbank offers 276 luxury units with prices starting at $2,200/mo
Transportation Contracting Firm Leases 5.5-Acre South Bay Site
7/28/10
Property is owned by venture of Hager Pacific and SoCal Industrial Partners

LAX Office Complex Inks Trio of 1st Half Leases Worth Over $30 Mil
7/26/10
UCLA, Expeditors and the Transportation Security Administration sign deals for over 180k sf at Airport Spectrum
$6.6 Mil Sale in City of Industrial Buildings
7/26/10
Hager Pacific Properties sells 81k sf facility to auto racing parts supplier
Prompt Signs Timely Relocation/Expansion Lease in Carson
7/22/10
Public warehousing company inks five-year deal for 118k sf facility
NAI Capital Team Lands Retail Listing for New Encino Project
7/21/10
Legado Encino slated to offer 125 res units over 17k sf of space
Farzin Emrani, Shlomi Ronen and Steven Yazdani Form Lucent Capital
7/20/10
Real estate finance advisory trio came over from Carlton Group
Shibuya Named to CresaPartners Advisory Board
7/15/10
27-year industry veteran to offer input to corporate tenant representation firm
Gas Company Renews 350k sf in Downtown LA
7/15/10
15-year deal keeps name tenant at MPG’s Gas Company Tower
Canoga Park Apartment Property Fetches $107k/Unit
7/15/10
Investors pay $1.6 mil for 11-unit North Hollywood property
Cerritos Industrial Building Sells for $4.4 Mil
7/14/10
Property purchased by owner/user who owns adjacent facility
New Upscale Santa Monica Res Project Lands $6.4 Mil in Construction Financing
7/13/10
Griess & Associates arranges money for nine-unit condo development
JLL’s Siteman Named President of SoCal Chapter of 7x24 Exchange International
7/13/10
Leads group creating knowledge sharing forum for data center sector
Mar Ventures Receives LEED Certification for El Segundo Property
7/07/10
Structure is first building in city to be Gold certified
Exciting Mixed-Use Project at Hollywood and Vine is Completed
7/06/10
Legacy Partners’ $264 mil development features market rate and affordable housing with retail
WorldLink Renews Its Miracle Mile HQ Space
7/08/10
Media sales company inks deal for an additional six years at LA high-rise
164-Unit San Dimas Multifamily Community Listed for Sale
7/07/10
FountainGlen at Sunnyside Apartments offered at $15.8 mil
40-Story Downtown LA Skyscraper Listed for Sale
7/01/10
Union Bank Building expected to fetch over $300/sf
LA Office Building Trades Hands for $4.3 Mil
7/01/10
Park Mile property was vacant at time of sale
Kennedy Wilson Closes 180-Unit San Fernando Valley Condo Buy
7/01/10
Guardian Life and RECP/Urban Partners participate in purchase of NoHo 14
SingerLewak Inks $10 Mil Westside Office Renewal
6/29/10
Accounting firm remains in 25k sf at Westwood high-rise
Malcolm and Harrington Join Hendricks & Partners
6/25/10
Duo will specialize in multifamily transactions from the firm’s North LA office
Accounting Firm Locks Up Full floor at Westwood Tower
6/24/10
Wasserman, Grossman & Sloan signs five-year deal for 12.5k sf
Sherman Oaks Multifamily Property Trades for Over $23 Mil
6/24/10
Magnolia Apartments sale marks biggest SF Valley deal so far in 2010
Pancreatic Cancer Network Inks Relocation/Expansion Deal at Continental Park
6/23/10
Non-profit signs new lease for full floor at 1500 Rosecrans
California Landmark Underway with New West LA Res Development
6/22/10
Local firm breaks ground on 21-unit project adjacent to company’s headquarters


Barker Pacific and Wells Fargo Recapitalize Historic Pasadena Office Building
6/21/10
55k sf property located at 225 East Colorado Blvd

Nan Richardson Appointed to Biz Development Role at LA Office of Perkins+Will
6/18/10
Exec will lead efforts for company’s Corporate and Commercial Interior Design discipline
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