The Luzatto Company Breaks Ground on TOD Near LA Metro’s Expo Line
9/20/17
80k sf office project is in West L.A.
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Idealab HQ Building in Pasadena Sells for $19.4 Mil
9/20/17
Private investors buy 34k sf property in off-market deal.
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Multifamily Property in LA’s Atwater Village Sells for Record Price
9/15/17
Atwater Avenue Apartments achieves record prices per unit and per square foot according to CoStar
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Torrance Office Property Goes for $19 Mil
9/15/17
75k sf building fully occupied as HQ for Unify Financial Credit Union
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Three New Industrial Buildings Come Online at Valencia Gateway V Project
9/14/17
State-of-the-art facilities total 255k sf of space
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Commerce Office Building Trades for $129/sf
9/13/17
54k sf facility to be transformed into modern space by the new owner
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Exchange Investor Spends $500/sf for Sprouts Market in Whittier
9/12/17
NNN-leased asset goes for $12.5 mil
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Tishman Speyer Picks Up 147k sf Santa Monica Office Asset
9/12/17
Firm buys two-building Arboretum Courtyard property
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West Los Angeles Office Landlords Discuss Changing Trends at RENTV’s State of the Market Conference
9/11/17
Westside pros John Ollen, Mark Laderman, Jeffrey Lasky, Kent Handleman and Paul Miszkowicz provide expert insight on the market during the office landlords panel
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Exchange Investor Pays $15.5 Mil for Retail Center in Santa Clarita
9/11/17
42k sf Seco Canyon Village goes for $368/sf
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Venice Apartment Building Trades at 0.7% Cap Rate
9/07/17
Five-unit asset near the beach goes for $2 mil
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Gortikov Enterprises and AMCAL Equities LLC Planning to Build Up to 335 Res Units in Woodland Hills
9/07/17
Firms form venture for new multifamily development on over four acres
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Santa Monica Building Sells for $1,300/sf
9/06/17
MDC Realty Advisors pays $30.5 mil for 23.5k sf property
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Sun Valley Industrial Property Sells for $233/sf
9/05/17
Owner/user spends $4.4 mil on 19k sf building
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Continental Development Buys Medical Office Property in Torrance
8/31/17
Firm spends $48.7 mil on 211k sf Madrona Business Campus
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Eight-Unit Santa Monica Apartment Building at the Beach Sells Vacant for Around $500k/Unit
8/30/17
Consisting of all one-bedroom units, the property had most recently been used for short-term rentals
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Construction Finished on $120 Mil Senior Living Community in Playa Vista
8/29/17
Fountainview at Gonda West was built by C.W. Driver Companies on behalf of the Jewish Home for the Aging
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Los Angeles Apartment Rents Up 5.1% Over the Prior Year
8/28/17
Mid-year report from NAI Capital paints picture of a continued strong market in the region
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Van Nuys Apartment Purchase Sets Records for Rent-Controlled Property Sales in that Zip Code
8/25/17
28-unit asset goes for over $200k per unit
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Los Angeles Apartment Building Picked Up by Local Investor for $8 Mil
8/24/17
36-unit property was sold by Lion Real Estate Group
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Majestic Asset Management Collects $67 Mil from Sales of Two LA Office Properties
8/21/17
Firm sells in Van Nuys and Westlake Village
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San Diego Investor Pays Over $29 Mil for 126-Unit Multifamily Property in the San Gabriel Valley
8/21/17
Purchase is of Azure Apartments in Rowland Heights
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Trammell Crow Company and Clarion Partners Pick Up 54 Acres in Santa Clarita for 4.2 msf Biz Park
8/21/17
Venture to break ground in August on 870k sf phase one of The Center at Needham Ranch
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Universe Holdings Acquires 53-Unit Res Property in LA’s Westlake District
8/21/17
Firm pays $12.6 mil for building from 1929
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Work Started on Major Mixed-Use in Culver City’s Downtown
8/17/17
500k sf Ivy Station by Lowe, AECOM Capital and Rockwood Capital to include residential, retail, office and hotel space, along with Metro parking
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Douglas Emmett Secures $550 Mil Financing on Four LA Area Res Properties
8/17/17
Refinancing was arranged by Walker & Dunlop and funded through Fannie Mae
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LA Investor Spends $4.9 Mil on Long Beach Multifamily Property
8/16/17
Deal works out to price of $245k/unit
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EverWest Real Estate Partners Pays $21 Mil for 161k sf Industrial Complex in City of Industry
8/15/17
China-based import/export firm leases final 47k sf at the property as sale is being closed
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Hawaiian Gardens Retail Center Trades for $379/sf
8/14/17
58k sf asset was 96% occupied at time of sale
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Three 99 Cents Only Stores Fetch 1,240,000,000 Cents
8/11/17
Investors pick up retail assets in Walnut Park, Huntington Park and Hawthorne in recent deals
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ICO Group Buys West L.A. Office Building
8/10/17
95k sf property sold by Zurich Alternative Asset Management
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Multifamily Community in Woodland Hills Sells for $426k/Unit
8/09/17
Bay Area investor buys pays $11.5 mil for Warner Center Townhomes
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Building on Hollywood’s Walk of Fame Sells for Over $500/sf
8/09/17
7k sf retail/office property is fully leased
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Historic Craftsman Office Property in Pasadena Sells for $500/sf
8/08/17
Unique Greene & Greene building originally constructed in 1903 as a residence
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Rexford Industrial Realty Buys 87k sf San Gabriel Valley Facility
8/07/17
Irwindale Canyon Business Park sells for $14.55 mil
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Norwalk CVS Pharmacy Trades for $13.5 Mil
8/07/17
24k sf, NNN property purchased by exchange investor in transaction with 4.6% cap rate
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Kort and Scott Financial Secure $25.6 Mil in Fannie Mae Money on Van Nuys Multifamily Asset
8/04/17
Capital One secures loan on 126-unit Woodley Apartments
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Investor Spends Over $10 Mil on Industrial Property in Downtown LA
8/04/17
59k sf asset located at the edge of the city’s Arts District
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Dedeaux Properties Breaks Ground on $38 Mil Industrial Project in the San Gabriel Valley
8/03/17
Echelon Business Park will serve small-to-medium businesses with 246k sf in seven buildings
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Los Angeles Retail Vacancy Rate is Up Slightly and May Continue to Rise
8/03/17
Second Qtr 2017 research from NAI Capital provides a review of the market
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Long Beach Carl’s Jr Trades for $1,685/sf
8/02/17
Frontier Real Estate Investments collects $5 mil from sale of just-completed single-tenant property
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Friedman Capital Buys Architecturally Significant Apartment Property in West Hollywood
8/02/17
George Smith Partners arranges $4.5 mil loan for purchase and conversion of unique, seven-unit property
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KB Homes Buys Res Development Subdivision in Van Nuys
7/31/17
3.4-acre site slated for 58 single-family homes
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Logistics Firm Signs Expansion / Extension Lease in Torrance
7/31/17
Vie Logistics signs six-year deal for 155k sf
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Terreno Realty Corp Spends $9.4 Mil on Its Fourth Compton Buy so Far this Year
7/28/17
58k sf warehouse property sold by apparel manufacturer who is leasing back the facility for five years
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L.A. Office Market Still on Track Despite Slight Vacancy Rate Increase in 2nd Quarter 2017
7/27/17
NAI Capital report points out Market saw first new office tower space in 30 years with Wilshire Grand completion
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Olive Hill Group Lands $41 Mil Refi on Culver City Creative Office Campus
7/27/17
Newmark Realty Capital arranges loan on 200k sf Courtyard at Culver Pointe
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Investor Spends $14.5 Mil on 65k sf Warner Center Office Building
7/25/17
Warnerview Corporate Center is sold for the second time by Younan Properties
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New Res Development in LA’s Silver Lake Neighborhood Receives $21.6 Mil in Construction Money
7/25/17
George Smith Partners arranges loan for 35-unit project by Barth Partners and Barry Leddy Developments
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Los Angeles Apartment Property from 1926 Sells for $169k/Unit
7/25/17
RVT Capital spends $9 mil on 54-unit asset just west of downtown
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Commercial Real Estate Financing Briefs
7/21/17
Recent transactions from Newmark, Continental Partners and iBorrow
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Warner Center Office Building Changes Hands
7/24/17
Younan Properties buys 91k sf Burbank Corporate Center
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Industrial Property Trust Inc Buys Rancho Dominguez Industrial Facility
7/24/17
Firm pays $12 mil for 104k sf asset
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South Bay Retail Center Anchored by AutoZone Trades for $264/sf
7/21/17
Investor buys 26k sf Gardena Crenshaw Plaza
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Rexford Industrial Realty Closes $210 Mil LA Area Purchase
7/21/17
Firm buys 1.17 msf Pacifica Industrial Park in Rancho Dominguez
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Downtown LA Mixed-Use Property Refinanced with $31.8 Mil in CMBS Debt
7/21/17
Quantum Capital Partners arranges loan on The Metropolitan
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Exchange Investor Pays $293k/Unit for 1960s Covina Apartment Building
7/19/17
Purchase is of 28-unit Las Casitas property
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REI Inks Lease for 43k sf Flagship Store in Burbank
7/19/17
Deal is for store at entrance to 618k sf Burbank Empire Center
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Diamond Bar Office Asset Traded in $28 Mil Deal
7/18/17
Great Far East buys 135k sf building
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Wilshire Blvd Replaces Yellow Brick Road in Cypress Equity Investments’ Version of Aahs Story
7/17/17
Firm buys 12k sf Santa Monica store occupied by the gift store chain
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Rexford Industrial Realty Spends $71 Mil on Three SoCal Purchases
7/17/17
Firm also sells another property for $18.7 mil
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Newcastle Partners and Westport Capital Partners Pick Up 40k sf Building in Hot LA/Culver City Hayden Tract Submarket
7/14/17
New venture to convert two-story property into creative office space
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Alcion Ventures Refis Culver City Creative Office Campus
7/13/17
HFF arranges $60 mil loan on 158k sf bLAckwelder property
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Montebello LA Fitness Sells
7/12/17
43k sf single-tenant asset acquired by a publiclty traded REIT
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City of Hope Takes an Additional 75k sf in Irwindale
7/12/17
Medical research organization increases its lease at San Gabriel Corporate Center to 300k sf
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Advanced Real Estate Services Secures $100 Mil Refi on Long Beach Multifamily Property
7/11/17
Deal is for 570-unit Lakewoon Manor Apartments
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Glendale Office Building Trades in $59 Mil Deal
7/07/17
Credit Suisse buys 189k sf asset from Lincoln Property Company and Morgan Stanley
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RPM Investments Buys 40-Unit Res Property near Downtown L.A.
7/10/17
40-unit Greenwich West Apartments trades for $134k/unit
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Rockpoint Group / Strategic Housing Partners Venture Buys 500-Unit Torrance Res Portfolio
7/06/17
Mid-century properties were sold by DonWilson Builders, the original developers
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Downtown LA Development Site Sells for $795/sf
7/06/17
Asian investor pays over $26 mil for property currently entitled for 24-story res tower
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Bollore Logistics USA Inks Renewal for 40k sf of Industrial Space in LA’s South Bay
7/05/17
Deal is at concrete, tilt-up building within Pacific Gateway Business Park
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Jamison Services Inks $70 Mil Refi on LA Koreatown Office Tower
7/05/17
Square Mile Capital secures new loan on 415k sf 3600 Wilshire Blvd building
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Prana Investments Pays $193k/Unit for Renovated Apartment Property in LA’s Koreatown Area
7/05/17
45-unit Kingsley Tower sold by Lion Real Estate Group
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Multifamily Property in the Hollywood Hills Sells for $447k/Unit
7/03/17
Sussex Capital Group buys 30-unit The Hillpointe
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Long Beach Medical Office Building Trades for $247/sf
7/03/17
26k sf property located adjacent to Long Beach Memorial Medical Center
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Exchange Investor Snags LA Area Biz Park
6/29/17
Purchase is of Carmenita Business Park in Norwalk
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Retail Asset in LA’s Koreatown Trades for $223/sf
6/29/17
Private investor pays $2.9 mil for 13k sf property
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Burbank Office Asset Trades Hands
6/27/17
Ocean West Capital Partners and Fortress Investment Group buy 120k sf property from Lionstone Investments
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Vista Investment Group Collects $23.7 Mil from Sales of Two Hollywood Res Properties
6/27/17
Deals were for Avondale Hollywood and Sunset Formosa, totaling 94 units
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Work Completed on Mixed-Use Development Near Downtown LA
6/26/17
The Bend consists of 40 live/work units adjacent to the Los Angeles River
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Rexford Industrial Pays Over $30 Mil for Long Beach Industrial Facility
6/26/17
142k sf Pacific Pointe and Douglas Park was sold by Sares Regis Group
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Rexford Industrial Realty Pays $36 Mil for Two SoCal Properties
6/23/17
Firm buys industrial buildings in L.A. and Orange Counties
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Developer Buys LA Koreatown Property
6/23/17
Buyer is able to construct 130 res units on 38k sf site
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Agoura Hills Office Property Sells for Over $200/sf
6/23/17
Exchange investor pays $20 mil for 94k sf Agoura Gateway
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Draftsmen & Craftsmen
6/22/17
McCormick Construction Completes Renovation of Westfield’s US HQ Space
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Canyon Partners Real Estate Provides $21.6 Mil in Construction Money for Silver Lake Res Project
6/22/17
Senior loan to finance development of 35-unit luxury condo complex by Barth Partners and Barry Leddy Developments
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Industrial Owner/User Buys in Paramount and Sells in Santa Fe Springs in Deals Totaling $13.7 Mil
6/22/17
dbest products acquires 59k sf facility for $9.3 mil
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Furniture Distributor Inks Expansion Lease for an Additional 39k sf in Carson
6/20/17
With this deal, Dovetail Furniture and Designs to occupy 90k sf at the facility
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Antelope Valley Rite Aid Trades for $439/sf
6/20/17
Newly constructed Rosamond asset goes for $7.6 mil
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Harbor Associates Picks Up Century City Office Asset
6/19/17
33k sf building originally constructed as headquarters for the Los Angeles Rams
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Pacific Oaks Education Corporation Buys Four-building Pasadena Campus
6/19/17
Deal is for 75k sf Northwest Innovation Center
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Historic Office Building in Downtown Long Beach Acquired for Possible Residential Conversion
6/14/17
Property is fully entitled for 118 units
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Investor Buys San Fernando Valley Film Production Facility
6/13/17
44k sf Van Nuys property goes for $8.75 mil
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Joseph Vargas Joins Colliers International as Senior Manging Director
6/08/17
Highly regarded industry pro to serve as market leader for multiple SoCal markets
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NAI Capital Sees Continued Strength for LA Multifamily Market in Foreseeable Future
6/07/17
Fundamentals remain strong for owners and investors in the region
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Single-Tenant Net-Leased Buildings in City of Paramount Trade for Almost $800/sf
6/12/17
Private investor spends $12.5 mil on CVS and Starbucks assets
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Hollywood Apartment Building trades Between Private Investors for $12.3 Mil
6/12/17
72-unit asset was built in 1941
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Meta Housing Corp Completes Work on Glendale Affordable Housing Project
6/09/17
ACE/121 offers 70 units for artists and their families
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Sares Regis Group Begins Work on Three Long Beach Apartment Projects
6/13/17
Developments are in downtown and will contain a combined 348 units
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Strategic Legacy Investment Group Starts Work on Hollywood Res Project
6/08/17
Barton Estates @ Central Park will contain eight single-family homes estimated to go for $1.2 mil each
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Res Property in Long Beach’s Bixby Knolls Trades for $200k/Unit
6/07/17
12-unit property viewed as a value-add opportunity
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LA Arts District Mixed-Use Project to Move Forward with $100 Mil in Construction Money
6/07/17
HFF arranges financing for Greystar’s 320-unit Arts District AMP Lofts development
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Holland Partners Buys LA South Bay Res Development Site
6/06/17
Firm pays $24.5 mil for just under 2.5 acres adjacent to Terminal Island
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Life Storage Inc Picks Up Two Facilities in North LA County
6/02/17
Acquisitions in Palmdale and Lancaster total 1,390 units and 182 RV spaces
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Historic Retail Building in South Pasadena Trades for $380/sf
6/02/17
6k sf property currently occupied by South Pasadena Music Center & Conservatory
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Quantum Capital Partners Arranges $50 Mil in CMBS Money on SoCal Retail Assets
6/01/17
Two loans are on a Torrance shopping center and on four leased buildings in Beverly Hills
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Ross Dress for Less in LA Sells for $18 Mil
6/01/17
Pico Union property trades at a 4.68% cap rate
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Marsh & McLennan Companies Takes 72k sf of Downtown LA Office Space
5/31/17
Insurance service firm inks deal over three floors at US Bank Tower
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Work Started on Luxury Res Development Adjacent to the Four Seasons Hotel on LA’s Westside
5/31/17
Genton Property Group secures $239 mil construction money for the project
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San Fernando Valley Retail Center Trades in $54 Mil Deal
5/30/17
Original developer sells Northridge Plaza Shopping Center
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Universe Holdings Picks Up 45-Unit Res Asset in LA’s Los Feliz Neighborhood
5/29/17
Firm spends $12.6 mil on Villa Edgemont
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West Hollywood Apartment Property Receives 27 Offers
5/25/17
10-unit asset ends up selling for $255k/unit
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Long Beach Multifamily Property Sells for $275k/Unit
5/24/17
Private investor spends $3.3 mil for Cherry Avenue Apartments
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Historically Low Vacancy Rate Driving Up LA South Bay Industrial Property Values
5/24/17
An abundance of institutional investment capital and warehouse conversion trends are also contributing factors
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Investment Venture Spends $12.5 Mil on LAX Office Building
5/22/17
305k sf high-rise at 9841 Century Blvd purchased by Roxborough Fund I and The Ruth Group
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Champion Signs Three at New Glendora Retail Development
5/22/17
70k sf neighborhood center already 85% leased prior to completion
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Light Products Company Leases 37k sf San Fernando Industrial Space
5/19/17
Germany-based firm inks expansion/relocation deal at San Fernando Business Center
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Shopoff Realty Investments Spends $52 Mil on LA Area Manufactured Housing Community
5/19/17
Firm views purchase of 46-acre El Monte property as a value-add opportunity
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Hollywood Res Project Lands $100 Mil in Construction Money
5/18/17
Financing is for Rescore Property Corp’s 368-unit The Rise Hollywood
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Local Investor Buys Hollywood Recording Studio
5/16/17
Grandmasters Recorders property on Cahuenga sells for $6.1 mil
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Legacy Partners to Completely Renovate a 209-Unit Res Property in West Covina
5/16/17
Major redesign and upgrades expected to transform The Verandas
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Long Beach Apartment Property Sells for $456k/Unit
5/16/17
Private investor pays $4.1 mil for nine-unit asset built back in 1946
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Diamond Bar Office Property Listed for Sale
5/16/17
Gateway Corporate Center contains 87.4k sf over two floors
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Entertainment Industry Firm Buys LA Building for Conversion into a Production Campus
5/15/17
Rideback Ranch LLC pays $7.78 mil for 21k sf industrial property just west of Downtown
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