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October 23, 2018
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LOS ANGELES COUNTY HEADLINES
G.H. Palmer Associates Secures $114 Mil in Refinancing on Three Canyon County Apartment Properties
10/23/18
Freddie Mac money arranged by NorthMarq Capital

CenterPoint Properties Buys 94k sf Industrial Facility in the City of Industry
10/23/18
Firm plans $2.5 mil in renovations to the property



Torrance Investor Says Aloha to Santa Monica Apartment Market
10/22/18
Nine-unit property trades for $4.25 mil

Older Building in Pasadenaís Playhouse District Sells for $350/sf
10/22/18
Morton Development Group buys 15k sf Artistry Theater Building



Trammell Crow Company, High Street Residential, the County of Los Angeles, Public Facilities Group and Meta Housing Corporation Start construction on Vermont Corridor
10/19/18
Project covers three sites and will include development of a new, 468k sf office building for the County

East Los Angeles Site Acquired for Medical Office Building Development
10/18/18
Capital Insight buys 1.27-acre property near the I-5 freeway



Adaptive Re-Use Project Started on Landmarked Building in Santa Monica
10/18/18
KFA Architects handling restoration of three-story building from 1914

New Hollywood Res Development Financed with 10-Year Loan for $25 Mil
10/18/18
HFF arranges financing on 82-unit The Line Lofts

Construction Quick Take
10/16/18
Major changes underway at the Century Plaza Hotel property

Construction Topped Off on 24-Story DTLA Res Tower
10/17/18
347-unit Park Fifth a development of MacFarlane Partners

Lief Organics Leases 112k sf Valencia Facility
10/16/18
Firm to use newly renovated space for its corporate HQ

Venture Spends $15 Mil on Warner Center Site for Development of a New Seniors Facility
10/16/18
LAMB Properties LLC and South Bay Partners Inc to build 420k sf project in the western San Fernando Valley

Work Started on 35-Story, Luxury Residential Tower in Downtown Long Beach
10/15/18
315-unit Shoreline Gateway a companion building to The Current

The Bascom Group Buys 29-Unit Residential Property in Torrance
10/15/18
$6.3 mil purchase is of Corona Del Norte

L.A. Area Del Taco Sells for $2,290/sf
10/12/18
Private investor exchanges into newly built asset in San Pedro

West Hollywood Apartment Building Trades between Private Investors in $8.3 Mil Deal
10/11/18
24-unit asset bought for $346k/unit

Sharp Capital Buys Glendale Office Building
10/09/18
Firm pays $19.8 mil for 72k sf Broadway Plaza

MG Properties Spends $93 Mil on 264-Unit Residential Property in Western San Fernando Valley
10/10/18
Firm buys Carillon Apartment Homes in the Warner Center area

Burbank Warehouse Property Sells for $4.3 Mil
10/08/18
15k sf facility picked up Alexander Henry Fabrics

Hollywood Apartment Building Acquired by Japanese Investor for $283k/Unit
10/08/18
12-unit property was sold by Xenon Investments Company

Blumhouse Productions Pays $485/sf for Office Property near Downtown L.A.
10/04/18
5.5k sf building was sold by the law firm Kessel & Associates

West Covina Res Property Bought by NY-Based Entity in $34 Mil Transaction
10/03/18
Purchase of 138-unit Atrium Apartments seen as value-add opportunity

Older Long Beach Apartment Building Sells for $228k/Unit
10/01/18
24-unit property in cityís East Village Arts District goes for $5.48 mil

Santa Monica Medical Office Building Sells in $31 Mil Transaction
9/28/18
Purchase of 46k sf building from 1964 viewed as a redevelopment opportunity

South Korean-Based Retailer Leases 52k sf at DTLA Mixed-Use Property for HQ and Store Space
9/28/18
PK Retail Holdings agrees to 10-year deal at 7th & Olive

M West Holdings Pays Over $400k/Unit for San Pedro Bank Lofts
9/28/18
89-unit multifamily property sells for $36.3 mil

True North Capital Management Lands $34 Mil to Recapitalize Valencia Office Property
9/27/18
CBRE arranges bridge debt financing on 195k sf Valencia Corporate Plaza

Two South Bay Corp HQ Renewal Leases Total $4.5 Mil
9/27/18
Deals are for Giovanni Cosmetics and EVOX Productions

Construction Quick Take
9/26/18
Pic of current progress on Hackman Capitalís The Culver Steps

Champion Real Estate Company Spends Over $14 Mil on 62 Residential Units in Glendale
9/25/18
Deal is for two apartment communities

Duke Realty Buys 25 Acres in Irwindale
9/19/18
Site is entitled for development of a 500k sf warehouse facility

Macerich and Simon to Develop 566k sf Outlets Center in Carson
9/13/18
Venture to initially build 400k sf of Los Angeles Premium Outlets project

Citizens of the World Leases New Home Just Outside Downtown Los Angeles
9/13/18
Charter school inks long-term deal for 30k sf building

Santa Monica Apartment Property from 1948 Sells for $473k/Unit
9/12/18
L.A. investor spends $2.84 mil on six-unit asset

Sylmar Industrial Property Goes for $6.5 Mil
9/12/18
Ratner Property Management buys 37k sf facility

Pasadena Walgreens Trades Hands in $23 Mil Transaction
9/11/18
Investor acquires 39k sf freestanding building

Santa Monica Apartment Property Trades at 1.8% Cap Rate
9/11/18
Local investor pays $483k/unit for The Vogue Apartments

New $25 Mil Res Project in the Northwestern San Fernando Valley to Get Underway
9/10/18
43-unit New Heights in West Hills a development of Watt Communities and Presidio Residential Capital

Local Investor Pays $20 Mil for Sherman Oaks Office Property with Future Development Potential
9/10/18
Current improvements consist of two buildings totaling 78k sf on just under three acres

Downtown Los Angeles High-Rise Residential Development is Finished
9/07/18
Work completed on CIM Groupís 525-unit 888 at Grand Hope Park project

StarPoint Properties Spends $193 Mil on Beverly Hills Office High-Rise
9/06/18
Firm buys 207k sf building at 433 Camden Drive

Champion Real Estate Company Buys Its Second Student Housing Community Near the USC Campus
9/05/18
Firm spends $12.5 mil on 24-unit, 96-bed asset



 


 
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