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February 27, 2021

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LOS ANGELES COUNTY HEADLINES

Pomona College Starts Work on $43 Mil Athletic and Recreation Center
2/26/21

95k sf facility is being built by C.W. Driver Companies

Pasadena Apartment Building Trades for Over $17 Mil
2/26/21

Deal is for The Encore, a 28-unit asset in the city’s Playhouse District

Ranch Harbor and Manhattan West Real Estate Buy Signal Hill Industrial Property
2/26/21
Purchase consists of two buildings on .79 acres

California Community Foundation Buys Office Property in Downtown L.A.
2/22/21
55k sf building goes for $15.4 mil

L.A. Developer Buys Pasadena Laemmle Theatre in Sale/Leaseback Deal
2/18/21

Buyer’s GD Realty Group involved in other projects nearby in city’s Playhouse District

Venice Apartment Property Trades for $325k/Unit
2/18/21
Eight-unit asset acquired by AIMCAP Corp

S.A.S. Services Group Buys Automotive Property Near L.A.X.
2/15/21
Corner lot goes for $3.49 mil

CBRE Acquires Beezley Management
2/10/21
Construction management and project advisory services firm will boost overall CBRE’s SoCal consulting and management capabilities

Healthcare Realty Trust Purchases 52k sf OC Office Building
2/11/21

Laguna Woods multi-tenant property sells for $13 mil

Palmdale Retail Asset Trades for $9 Mil
2/10/21
L.A. investor buys 56k sf portion of Towne Square West

Rexford Industrial Realty Starts the Year Off with $73 Mil in SoCal Industrial Acquisitions
2/09/21
Deals include 177k sf of improvements along with a storage property and a redevelopment site

Hawkwood Ventures Spends $24 Mil on Redondo Beach Creative Campus
2/09/21

50k sf Linq property goes for $480/sf

Mixed-Use Property in L.A.’s Koreatown Goes for Over $500/sf
2/04/21

Retail/medical office building anchored by Chase Bank

Long Beach Apartment Building Comps at $236k/Unit
2/02/21

22-unit property was built in 1963

Robhana Group Makes $8 Mil Retail Buy in Lomita
2/01/21

Acquisition is for two acres with NNN-leased 26k sf building

Community Corporation of Santa Monica Starts Work on 73-Unit Affordable Housing Project
1/29/21

R.D. Olson Construction is the general contractor on Las Flores Santa Monica

Sonnenblick Development Picks Up Monterey Park Office Property for $37.5 Mil
1/29/21

Firm pre-leases the building to L.A. County prior to initiating a renovation

Hackman Capital Partners and Square Mile Capital Management Buy Sony Pictures Animation Campus in Culver City
1/29/21

Three-building, 182k sf campus trades in deal worth around $160 mil

Apartment Building in L.A.’s Koreatown Trades for $317k per Unit
1/29/21
Asset offers significant upside potential due to vacancy rate of 66% at closing

Neighborhood Office/Retail Property in Santa Clarita Trades for about $10 Mil
1/28/21

67k sf Sierra Crest Center goes for $148/sf

West Harbor Capital Launches New Investment Vehicles and Acquires SoCal Industrial Property
1/28/21

Purchase is of 85k sf facility in City of Industry

Universe Holdings Spends $6.9 Mil for Historic Multifamily Community in Hollywood
1/25/21

18-unit Villa Valentino was built in 1926 and was once home to Charlie Chaplin

Owner/User Nabs 18k sf Norwalk Industrial Building
1/25/21

Purchase works out to $184/sf

Prologis Buys Downtown Los Angeles Redevelopment Site
1/20/21
8.29-acre property was sold by Greyhound with a short-term leaseback

Beyond Meat Agrees to Deal for 280k sf of Prime Space in El Segundo
1/18/21

Firm inks 12-year HQ lease at former Douglas Aircraft campus being converted by Hackman Capital Partners

Medical Office Property in Downey Sells for $4.45 Mil
1/14/21
Deal is for two buildings totaling 15k sf

Hamburger Hamlet Office Building in Sherman Oaks Sells for First Time Since the 1960s
1/13/21

29k sf property goes for $280/sf

Charing Cross Makes $39.7 Mil Retail Buy in Torrance
1/13/21

Firm acquires 107k sf South Bay Village

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