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May 6, 2016
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LOS ANGELES COUNTY HEADLINES
Retail Property Near L.A.ís Downtown and Koreatown Sells for $186/sf
5/06/16
12k sf asset trades for over $2 mil

Sun Valley Warehouse Lease is SirReel
5/05/16
Studio equipment rental company inks deal for 33k sf of space

Eagle Group Finance

Olive Hill Group LLC Spends $65 Mil on Two Culver City Office Buildings
5/04/16
Firm plans to reposition the properties through strategic renovations

1031 Exchange Investor Purchases Panorama City Apartment Property for $170k/Unit
5/04/16
Buyer already owned neighboring property

Lone Oak Fund

Investors Trade 150k sf Retail Property in Santa Clarita
5/04/16
Bouquet Center was 95% occupied at time of sale

Trion Properties Completes Repositioning of 41-Unit LA Apartment Community
5/03/16
Firm triples its equity in the asset after value-add renovations and leasing up The Eleanor

Post Production Company Spends $13 Mil on Toluca Lake Complex
5/03/16
Three-building property contains 60k sf of space

SteelWave to Move Forward on Res Projects in Westchester, CA and Aurora, CO
5/02/16
Firm was formerly Legacy Partners Commercial

Los Angeles Del Taco Sells at 3.63% Cap Rate
5/02/16
Investor pays $1,386/sf for 1.8k sf property

Draftsmen & Craftsmen
4/29/16
Morley Construction completes the largest parking structure in its history

Brickyard to Add State-of-the-Market Logistics Hub in the Center of LA
4/29/16
Clarionís 1 msf development in Compton to be completed in the second half of this year

Port of Long Beach Tops This Yearís CBRE Seaports Index
4/29/16
Port of Los Angeles drops to number three on national ranking

Recent Signings at Watt Plaza in Century City Total $33 Mil
4/28/16
Deals total 75k sf of space at twin tower complex

Two LA Mid-City Sales Total $10 Mil
4/28/16
Update on recent office and industrial trades

SBH Real Estate Group Spends $6.2 Mil on Two SoCal Retail Properties
4/27/16
Buildings are in Bellflower and Gardena

Global Agri-Trade Corporation Buys 62k sf Industrial Building in LA County
4/27/16
Firm will use facility for consolidation and relocation of existing spaces in La Mirada and Long Beach

Two LA Westside Investment Deals Total Over $14.5 Mil
4/26/16
Coldwell Banker Commercial WESTMAC involved in recent Culver City and Beverly Hills sales

MODA at Monrovia Station Project to Add 261 Res Units Adjacent to New Metro Gold Line Station
4/26/16
Project is a venture of Legacy Partners, Griffin Capital and Silverpeak Real Estate Partners

California Landmark Group Picks Up 120-Unit Res Property in LAís Koreatown District
4/26/16
Lafayette Park Apartments sells for $23.75 mil

Investor Spends $175k/Unit for Pasadena Res Asset
4/22/16
21-unit apartment building trades for $3.7 mil

Grocery-Anchored Center in Santa Clarita Sells for $72.5 Mil
4/22/16
InvenTrust Properties Corp buys 187k sf Stevenson Ranch Plaza

Industrial Investor Sells and Buys in Van Nuys
4/20/16
Two transactions total up to $8.4 mil

Century West Partners Secures $126 Mil in Construction Money for Glendale Mixed-Use Project
4/20/16
CBRE arranges financing for development of $280 mil Next on Lex

Metropolitan LA Office Rent Growth Hits Eight-Year High
4/20/16
PM Realty Group provides a first quarter look at the market

Renovated Santa Monica Apartment Building Sells for $420k/Unit
4/18/16
Recent $4 mil closed at a 3.6% cap rate

Pre-Leasing Begins for New Project in Downtown LAís Chinatown
4/18/16
Blossom Plaza to contain 237 res units along with 19k sf of retail space

Chinese Investor Pays $638/sf for Bellflower Union Bank
4/15/16
NNN property sold for over $3 mil

Funai Corporation Renews 78k sf Torrance Space
4/15/16
Firm to remain in its 75k sf high-end industrial facility for another five years

Renovation of Downtown Los Angeles Mixed-Use Property Nearing Completion
4/13/16
Strategic Legacy Investment Group and L&S Enterprises finishing up on $3 mil of improvements at 30k sf Downtown Executive Multiplex building

West LA Bank-Occupied Property Sells for Over $900/sf
4/13/16
Single-tenant, Wells Fargo building purchased for $11 mil

AXA Real Estate Investment Managers US Buys 49% Stake in Los Angeles Office Property
4/13/16
A venture that includes The Ratkovich Company takes on new investor in 453k sf buiding at 5900 Wilshire

Three-Property Long Beach Res Portolio Sold for $17 Mil
4/12/16
Two buyers acquire 108 units in separate deals

L&R Group of Companies Pays $30 Mil for 1.5-Acre Downtown LA Site
4/12/16
Future plans not certain for property currently occupied by Downtown Toyota

Entertainment One Leases 26k sf in LAís Park Mile Submarket
4/12/16
Firm inks five-year deal at the Harbor Building

George Smith Partners Arranges $30 Mil in Bridge Financing on Hollywood Property
4/08/16
Site contains existing office property and is entitled for a new, 253-unit res development

Ness Holdings Purchases Two Los Angeles Multifamily Assets, While Selling Six Properties
4/06/16
All of the deals were in the Hollywood, Silver Lake and Koreatown areas

Vantage Property Investors to Build Additional Office Building at Its Playa Jefferson Campus
4/06/16
Work to start on three-story, 55k sf structure in the next few months

Downtown LA Mixed-Use Project Lands $225 Mil in Permanent Financing
4/05/16
The Ratkovich Company, National Real Estate Advisors and Blue Vista Capital secure loan on THE BLOC

Rexford Industrial Realty Spends $24 Mil on Two SoCal Assets
4/05/16
Firm picks up properties in Valencia and San Diego

Vacant Auto Dealership in Palmdale Purchased for New Hyundai Dealership
4/04/16
26k sf property sells for $2.23 mil

Draftsmen & Craftsmen
4/04/16
Senior Housing Project in Palos Verdes Completed

Historical Building in Downtown Los Angeles Sells for $52 Mil
4/01/16
Bonnis Properties buys 147k sf Foreman & Clark Building

California Landmark Group Spends $7.5 Mil on Two Apartment Buildings in Northeast LA
3/31/16
Properties in Eagle Rock and Highland Park will be repositioned to accommodate the changing neighborhoods

Palmdale Office Campus Trades for Just Under $5 Mil
3/31/16
Woodland Business Park contains 44k sf in six buildings

Highly Amenitized Apartment Building on Los Angelesí Westside Sells for $575k/Unit
3/29/16
Eretz Properties pays over $22 mil for residential/retail property in cityís Pico-Robertson neighborhood

South Bay Office Campus Sells in $25 Mil Transaction
3/29/16
Montana Avenue Capital Partners buys 145k sf Torrance Pointe property

Premier Business Centers Inks Deal for New Calabasas Executive Suites Location
3/29/16
Transaction marks Premierís first location in the Conejo Valley

Central San Fernando Valley Apartment Property Sells for $238k/Unit
3/28/16
Investor picks up Van Nuys asset from 1986



 


 
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