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June 27, 2022
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LOS ANGELES COUNTY HEADLINES
L.A. Area Investors Trade Long Beach Apartment Property in $6.5 Mil Deal
6/27/22
16-unit asset was built in 1973

Rexford Industrial Realty Picks Up Five-Acre Development Site in Santa Fe Springs
6/24/22
$34 mil purchase includes an existing 108k sf warehouse facility



Stos Partners Spends $12 Mil on Two L.A. Area Industrial Assets
6/24/22
La Mirada and San Fernando properties will be renovated and re-tenanted

Single-Tenant Building in L.A.ís Arts District Goes for over $1,000/sf
6/23/22
5.6k sf structure fetches $6 mil



Private Investor Exchanges into $14 Mil West LA Industrial Buy
6/23/22
Purchase is of five-building, 26k sf property

Neighborhood Center in the Western San Fernando Valley Sells for Over $600/sf
6/22/22
$24.5 mil deal is for Mayhew Plaza Shopping Center in Woodland Hills



Terray Therapeutics Leases 49k sf in Monrovia
6/22/22
Biotech firm will occupy 38k sf of lab space and 11k sf of office space

Company 3 Inks Lease for 70k sf in Hollywood
6/22/22
New deal gives post-production firm 126k sf of space at Harlow

Blatteis & Schnur Venture Pays Over $1,800/sf for Tiffany & Co-Anchored Retail Property in Pasadena
6/21/22
28k sf high street property located along Colorado in the cityís Old Town

Cliff Carnes Joins Matthews Real Estate Investment Services as Executive Vice President
6/20/22
Industry pro comes over following leadership stints at Walker & Dunlop and Johnson Capital

Dunleer Spends $13 Mil on Two SoCal Industrial Storage Properties
6/20/22
Acquisitions are in Santa Ana and Bellflower

XTR Nabs Studio/Office Building in L.A.ís Echo Park Neighborhood
6/14/22
25k sf structure goes for $8.6 mil

Downtown Los Angeles Retail Picking Up as Workers and Visitors Return
6/10/22
New report from Los Angeles Downtown Center BID offers an overview of the increasing activity in the region

Local Developer Spends $46.5 Mil on Adjacent Development Parcels in L.A. and West Hollywood
6/08/22
Two parcels total 1.6 acres

Prime Data Centers to Develop New Facility in Vernon
6/06/22
Firm to build a 49.5 MVA substation to serve the new site

Atlas Capital Buys 5.37-Acre Industrial Redevelopment Opportunity in L.A.ís South Bay
6/06/22
$40 mil deal is for M3-1 zoned property in the Torrance area

SoFi Stadium-Adjacent Dev Site Fetches $11 Mil
6/02/22
40k sf site offers major redevelopment opportunity

WG Leases Former WeWork Space at the Fine Arts Building in DTLA
5/30/22
Firm will use location for its Spaces coworking brand

MG Properties Buys 300-Unit Apartment Property in Carson
5/27/22
Two-year-old Evolve South Bay was sold by MBK Rental Living

Standard Communities Closes $130 Mil SoCal Multifamily Buy
5/26/22
Deal for 244-unit Jefferson SoLA in South Gate works out to over $500k/unit

Spec Creative Office Development Planned for L.A.ís Arts District
5/26/22
Legendary Group expects to start work on 350k sf Above in mid 2023

North Hollywood Warehouse Sells for $380/sf
5/26/22
Creative studio spends over $14 mil on 37k sf asset

Historic Landmark Building in Pasadena Trades for $2.4 Mil
5/25/22
130-year-old Stoutenburgh House currently being used as office space

Downtown L.A.ís Office Market is Primed for the Future of Work
5/24/22
Downtown Center Business Improvement Districtís just released Office Market Guide for DTLA reveals how the regionís density, diversity and flexibility has it ready for the return of SoCalís largest workforce

San Gabriel Multifamily Property Goes for $336k/Unit
5/24/22
Private investor spends $8.75 mil on 26-unit Kimberly Apartments in Baldwin Park

Cushman & Wakefield Acquires Cresa Partners of Los Angeles
5/23/22
Deal includes over 40 brokerage pros in three offices

BH Properties Buys 120k sf Suburban Office Asset in Monterey Park
5/19/22
Purchase is part of a sale/leaseback deal with Blue Shield

Greenbridge Investment Partners Buys Trio of Apartment Properties in the San Fernando Valley
5/18/22
Deals are for assets in Sherman Oaks, North Hollywood and Canoga Park

Dunleer Pays $170/sf for Vacant Industrial Property in Covina
5/18/22
60-year-old building sits on 1.5 acres

FDH Aerospace Leases 115k sf Facility in the City of Commerce
5/13/22
Class A building was just delivered this year

Rexford Industrial Realty Closes on Six SoCal Acquisitions Totaling $152 Mil
5/12/22
Recent purchases are in Panorama City, Glendale, Ontario, Fontana and Santa Fe Springs

RanchHarbor and Manhattan West Acquire Five-Acre Industrial Property in San Dimas
5/11/22
San Gabriel Valley purchase includes four buildings totaling 91k sf of space

Universe Holdings Lands Refi of $30 Mil on San Fernando Valley Multifamily Community
5/11/22
JLL arranges new loan on 172-unit Nantucket Creek in Chatsworth

Long Beach Multifamily Property Trades in $47 Mil Deal
5/11/22
153-unit Fountain View Apartment Homes fetches $307k/unit

Private Investor Pays Almost $500k/Unit for Arcadia Residential Complex
5/10/22
20-unit Shalimar Apartments sells for $9.5 mil

The Onni Group Picks Up 1.4 Acres of Development Land Along Wilshire Blvd in Los Angeles
5/09/22
Mid-Wilshire site offers tremendous transit-oriented res development opportunity

Long Beach Cannabis Dispensary Fetches Over $1,300/sf
5/09/22
Foreign investor spends $11 mil for The Bakerie

Thermosource Tooling and Manufacturing Subleases 43k sf Building in Carson
5/06/22
Firm inks $5.7 mil deal for property leased to Hacor Inc

Pasadena Office Building Sells for $7 Mil
5/06/22
9.5k sf property was built in 1965

Duke Realty Buys 75k sf Industrial Facility in Santa Fe Springs
5/06/22
Buyer is marketing the property for lease

Longpoint Realty Partners Picks Up San Fernando Valley Industrial Property
5/03/22
Purchase of 84k sf Van Nuys Industrial Park financed with $52 mil loan arranged by JLL

$66 Mil Innovation and Instruction Building Completed California State University, Dominguez Hills
5/03/22
107k sf facility was built by C.W. Driver Companies

BRAD Management Spends Over $3 Mil on Student Housing Property in Los Angeles
5/02/22
28-bed facility located near USC campus

New Luxury Res Community in West Hollywood Starts Pre-Leasing
4/29/22
Five-story Empire at Fairfax offers 34 units along with boutique retail spaces

Santa Monica Apartment Building from 1912 Sells for $568k/Unit
4/28/22
11-unit property is just steps from the beach

Meta Housing Corporation and Cesar Chavez Foundation Start Work on Affordable Housing Community in Los Angeles
4/22/22
619 Westlake will provide 78 res units for households earning 30% to 60% of area median income

Universe Holdings Boosts Its Hollywood Portfolio with 24-Unit Acquisition
4/21/22
Firm spends $8 mil on 1960s-era asset

Pegasus Shipping Leases 61k sf Facility in Carson
4/19/22
Deal is at Summa Propertiesí Watson Industrial Center

SoCal Office Markets Seeing Flight to Low-Mid-Rise Buildings
4/19/22
NAI Capital shares its Southern California Office Market Trends April 2022

Rexford Industrial Realty Closes $83 Mil in SoCal Industrial Buys
4/18/22
In March, the firm picks up assets in Long Beach, Chatsworth, Eastvale and Santa Fe Springs

Private Investor Pays Over $600/sf for Torrance Retail Property
4/14/22
28k sf Pacific Plaza occupied by local retailers

Laguna Point Properties Purchases 1,037-Unit DTLA Res Portfolio
4/14/22
Deal financed with $329 mil loan arranged by JLL

San Fernando Valley Industrial Building Fetches $333/sf Price Tag
4/12/22
25k sf high-image facility is in Chatsworth

UCLA Anderson Ranked 7th Top Real Estate Program by U.S. News
4/12/22
UCLA Anderson is the home of UCLA Ziman Center for Real Estate

Pair of North Hollywood Industrial Sales Total $21.4 Mil
4/06/22
66k sf of multi-tenant properties go for over $300/sf

Parkview Financial Spends $19 Mil on 24k sf Office Building in L.A.ís Brentwood Neighborhood
4/05/22
Firm to occupy entire second floor as its new headquarters location

Penwood Real Estate Investment Management Buys 13-Acre Ind Site in the City of Commerce
4/05/22
Property includes a 230k sf food storage facility

Serrano Development Group to Build 127-Unit Multifamily Project in Azusa
4/04/22
Buchanan Mortgage Holdings provides $47 mil in construction money for the market-rate development

Rexford Industrial Realty Spends $65 Mil on Four SoCal Properties
4/04/22
Assets are located in Van Nuys, Carson, Vernon and Oceanside

Rent-Control Apartment Property in L.A. Goes for $333k / Unit
4/01/22
24-unit asset is at the edge of the Hollywood Hills

Staley Point Capital and Bain Capital Real Estate Pick Up 315k sf of Industrial Properties in Santa Fe Springs and Anaheim
4/01/22
Purchases financed with $70 mil provided by Mesa West Capital

Glendale Multifamily Community Acquired for $80 Mil by a Public-Private Partnership Between CSCDA and BLVD
3/31/22
Purchase is of 126-unit Towne at Glendale

Rexford Industrial Realty Buys 43k sf Office Asset in Chatsworth
3/31/22
Fully leased, single-tenant property goes for $15 mil

New L.A. Chargers HQ and Training Facility Development Lands $276 Mil in Financing
3/30/22
Sonnenblick-Eichner arranges construction and permanent money on behalf of Continental Development Corp and Mar Ventures

160-Bed West L.A. Student Housing Community Trades
3/30/22
Studio 11024 serves UCLA campus in Westwood

NewMark Merrillís Sandy Sigal Honored by California Business Properties Association
3/28/22
Retail industry leader receives Ernest W. Han Award at recent dinner

35-Story Shoreline Gateway Opens Its Doors in Long Beach
3/25/22
New development stands as the tallest residential tower in the city

Rexford Industrial Realty Spends $28 mil on Industrial Asset Just South of Downtown LA
3/24/22
Property consists of two buildings totaling 54k sf



 


 


 
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