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May 29, 2016
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LOS ANGELES COUNTY HEADLINES
Mixed-Use/Creative Office Campus Breaks Ground in the San Fernando Valley
5/26/16
Shubin - Nadal Realty Investors and DRA Advisors LLC begin construction at 784k sf The Mix at Harman Campus in Northridge

Unimproved Parcel along Wilshire Blvds Golden Mile in LA Sells
5/26/16
Galvic Construction buys fully entitled land for a 26-unit res development

Eagle Group Finance

Investor Pays $162k/Unit for Inglewood Apartment Property
5/26/16
Deal for 19-unit asset closes at 4.08% cap rate


Weiss-Rohlig Logistics Takes 48k sf Torrance Space
5/24/16
Logistics firm signs five-year lease at Storm Business Park

Lone Oak Fund

Sonnenblick-Eichner Company Arranges $38 Mil First TD Financing on Marina del Rey Hotel
5/24/16
Property recently underwent a $28 mil renovation

mOcean Renews 28k sf Space in West LA
5/24/16
Firm remains at building, which underwent creative office conversion in the 1990s

Argent Retail Advisors Awarded Leasing Assignment for 374k sf South Bay Center
5/23/16
Promenade on the Peninsula owned by Stoltz Real Estate Partners

CBRE Collects $330 Mil from Sale of Downtown LA HQ Building
5/23/16
PNC Realty Advisors and GLL Real Estate Partners buy 700k sf office tower

UPS Delivers San Fernando Valley Lease for 137k sf to Geringer Capital
5/20/16
Delivery service inks deal at North Hills Industrial park

Auto Club of Southern California Inks Relocation Lease in Valencia
5/20/16
Organization takes 29k sf within Summit At Valencia

Downtown LA Res Tower Gets Underway
5/20/16
732 Spring Street to contain 300 units along with retail space over 24 floors

Venture of Stillwater Investment Group, Greenlaw Partners and CrossHarbor Capital Partners Buy 177k sf West Covina Office Asset
5/19/16
Purchase is for two-building The Lakes at West Covina property

Beachbody Expands in Santa Monica
5/18/16
Growing fitness firm signs expansion lease at Lantana Center

Office/Industrial Project Gets Underway in Valencia
5/16/16
AEW Capital Management and Sheridan Ebbert Development constructing three buildings totaling over 250k sf

The Klabin Company Refurbishes School Teachers Lounge in Wilmington as Part of Sharefest Workday
5/16/16
Torrance brokerage eams up with Phillips 66 in volunteer effort at local elementary school

South Bay Retail Center Refinanced with $17 Mil Loan
5/13/16
Quantum Capital Partners arranges financing for Hawthorne Xchange

Skya Ventures Inc Gelt Ventures LLC Pay $238k/Unit for Apartment Property in LAs Highland Park Neighborhood
5/16/16
60-unit asset picked up as a value-add opportunity

Canadian Investment Firm Buys Iconic Fred Segal Property in LA for Over $1,500/sf
5/11/16
Retailer gone but recognizable signage remains

GSA Leases 154k sf of Office Space in El Segundo
5/12/16
Deal is at a three-story building about to undergo an extensive renovation

Two-Property Portfolio in Belmont Shores Sells for $4.4 Mil
5/12/16
Separate buyers acquire the assets, which total 22 units

Investors Trade Palmdale Office Campus
5/11/16
25k sf Challenger Business Park goes for $4.8 mil

Intercontinental Real Estate Corporation Buys 547k sf Creative Office Campus in El Segundo
5/10/16
Invesco Real Estate and Second Street Ventures sell four-building Apollo at Rosecrans complex

Rexford Industrial Realty Spends $7.6 Mil on One Property and Collects $2.5 Mil from Sale of Another
5/09/16
Acquisition is of a four-building, 79k sf complex in El Monte

Work Started on Creative Office Project in Santa Monica
5/09/16
Santa Monica Gateway to offer 200k sf in two buildings

Retail Property Near L.A.s 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

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



 


 
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