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March 19, 2024
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LOS ANGELES COUNTY HEADLINES
Property within Glendale’s “Brand Boulevard of Cars” Trades for Over $3 Mil
3/14/24
Two-building asset goes for $468/sf

Malibu Mixed-Use Project is Refinanced with $135 Mil Take-Out Loan
3/13/24
JLL arranges first lien on 122k sf Cross Creek Ranch



Mixed-Use Building in DTLA’s Fashion District Sells for Over $300/sf
3/13/24
Four-story property offers value-add opportunity

Commercial Real Estate Financing Briefs
3/11/24
$142 mil of transactions from Marcus & Millichap Capital Corporation, Gantry and Northmarq

Baldwin Park Property Portfolio Fetches $12.3 Mil
3/07/24
Eight buildings sold through multiple transactions

Helio Group Acquires Culver City Res Community with $40 Mil Loan
3/06/24
JLL arranges financing for $68 mil purchase of Cobalt Apartments

New Labor Law, Rising T.I. Costs and More – JLL Pros Comment on Retail in Los Angeles
3/04/24
Expect to see continued growth of different-sized grocery stores

Vernon Facility Purchased by Owner/User in $13.75 Mil Transaction
3/01/24
Privy pays $342/sf for 40k sf building

Apartment Building in L.A.’s Melrose Area Goes for $330k/Unit
2/29/24
10-unit asset seen as a value-add opportunity

San Fernando Valley Apartment Building Trades for $156k/Unit
2/28/24
20-unit Panorama City asset was built in 1958

EverBank Leases former Chase Bank Building in Encino
2/28/24
3.7k sf structure sits on a 7k sf lot

Private Investor Picks Up Two Industrial Properties in the San Fernando Valley for Over $30 Mil
2/27/24
Deal is for multi-tenant parks in Glendale and Sun Valley

Culver City Office Building Acquired by Owner/User
2/26/24
Vacant 27k sf structure is adjacent to I-405 Fwy

Dominium to Start Work on Two Affordable Housing Projects in Glendale
2/21/24
Adjacent developments will total 605 units

Long Beach Multifamily Property Fetches $337k/Unit
2/22/24
Eight-unit asset was built in 1985

Bolour Associates Buys Neighborhood Retail Center in L.A.’s Mid-City Area
2/22/24
$4.5 mil purchase gets a 7.5k sf property currently 75% leased

San Fernando Valley Res Property Refinanced with $12 Mil Loan
2/19/24
46-unit asset located in Valley Village

Iconic Theater Property in L.A.’s Westwood Village Trades
2/16/24
Deal is for nearly 100-year-old Fox Village Theatre

Apartment Property in L.A.’s Koreatown Trades for $200k/Unit
2/14/24
Private investor buys 32-unit Catalina Tropics complex

Gaming Firm Com2uS Inks Deal for Hollywood Office Space
2/13/24
Company relocates to Kilroy’s Sunset Media Campus from El Segundo

San Fernando Valley Senior Housing Facility Sells at $117k/Bed
2/12/24
$23.5 mil deal is for 201-bed asset in Van Nuys

Commercial Real Estate Financing Briefs
2/09/24
Over $200 mil in recent transactions from Northmarq, JLL Capital Markets, BWE and Gantry

Commercial Real Estate Financing Briefs
2/08/24
Recent transactions from George Smith Partners, CBRE and Bridgecore

Bolour Associates Inc to Build 30-Unit Res Project in West Los Angeles
2/07/24
Firm secures entitlements for five-story development at 2424 S. Veteran Ave

Phase One Completed at New Los Angeles Affordable Housing Project
2/07/24
R.D. Olson Construction finishes 89 units in two buildings at Rose Hill Courts

Single-Tenant Starbucks Near USC in L.A. Sells for $2,177/sf
2/06/24
Local investors trade 1.5k sf asset

DSW Leases 15k sf Space at Venice Retail Property
2/02/24
Deal is at Combined Properties’ Lincoln & Rose Shopping Center

L.A. Outdoor Storage Property Sells for $2.68 Mil
2/01/24
Cypress Equity Investments buys 1.4-acre site with plans for a 90k sf self-storage development

Exchange Investor Sells Two Properties and Buys another in Three San Gabriel Valley Deals Totaling $37 Mil
2/01/24
Buildings are in Monterey Park and City of Industry



 


 
 
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