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January 20, 2018
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LOS ANGELES COUNTY HEADLINES
Meridian Acquires Property in Downtown Long Beach for MOB Development
1/17/18
Firm to build 9.2k sf ambulatory, out-patient clinic on five parcels currently housing 29k sf of improvements

Jamison Picks Up Dev Site in L.A.’s Koreatown
1/17/18
Local developer to build 131-unit project with ground floor retail

Eagle Group Finance

Erewhon Inks Lease for 9.5k sf Market at Historic Garage Property in Downtown L.A.
1/16/18
Deal marks retailer’s fifth location in California

San Fernando Valley Crunch Fitness Property Sells for $6 Mil
1/17/18
Investor pays $295/sf for 21k sf asset in Van Nuys



Work Started on 131-Unit Residential/Retail Project in LA’s Koreatown
1/15/18
CGI Strategies’ The Mariposa includes 17 units of affordable housing

Santa Monica Promenade Building Sells for Nearly $1,000/sf
1/12/18
Investors spend $30 mil on Adidas/Burn Fitness property

Private Investor Pays $260k/Unit for Hollywood Multifamily Property
1/15/18
Deal is for 10-unit Beachwood Apartments

Markwood Enterprises to Reposition Downtown L.A. Garage Property
1/11/18
Project being financed with $23 mil bridge/construction loan arranged by CBRE

San Fernando Valley Crunch Fitness Building Sells for $300/sf
1/12/18
Tenant signed a 15-year lease a few months earlier

San Fernando Valley Mobile Home Community Refinanced with $33.6 Mil
1/10/18
Quantum Capital Partners arranges new Fannie Mae Green Rewards loan on the property

Rexford Industrial Realty Closes Out 2017 with a $63 Mil SoCal Portfolio Buy
1/08/18
Firm picks up industrial assets in Ontario, Garden Grove and Pico Rivera

Mosser Capital Acquires Six-Property LA Res Portfolio with Six Loans Totaling $42 Mil
1/05/18
HFF arranges financing on 222 value-add housing units

Champion Real Estate Company Picks Up Hollywood Dev Site for $17 Mil
1/05/18
Firm plans to building apartments, a hotel and retail on the land

Swift Real Estate Partners Buys NoHo Office Building
1/03/18
Firm finances acquisition of 75k sf property with $18.8 mil loan arranged by CBRE

Van Nuys Office Building Sells for $16.7 Mil
1/02/18
75k sf Class B asset was 86% occupied when sold

Terreno Realty Corp Pays $13 Mil for Five-Acre Industrial Site in Carson
1/02/18
Sale is indicative of the high demand by corporate users for infill space in the region

Burbank Res Asset Goes for $400k/Unit
12/26/17
Essex Property Trust buys 146-unit The Village at Toluca Lake

Douglas Emmett Spends $143 Mil on Beverly Hills Office Asset
12/22/17
Deal is for 146k sf building at 9401 Wilshire Blvd

Vacant Santa Monica Apartment Building Sells for $375k/Unit
12/22/17
34th Street Village Apartments picked up by local investor for $4.5 mil

Stanton Road Capital and Second City Pick Up El Segundo Office Property in $35 Mil Transaction
12/22/17
89k sf asset sold by TA Associates in off-market deal

NoHo Office Building Financed with $68 Mil Loan
12/21/17
Meridian Capital Group arranges new financing on J.H. Snyder’s 5250 Lankershim Plaza

Santa Monica Office Building Trading for Over $1,000/sf
12/20/17
Olive Hill Group paying $117 mil for 113k sf trophy property at 520 Broadway


Lionstone Investments Refinances Four Santa Monica Assets with $57 Mil Loan
12/20/17
HFF arranges money on the portfolio, totaling 127k sf

Value-Add Apartment Building in the San Fernando Valley Pulls in $223k/Unit
12/20/17
Interstate Equities Corporation buys 45-unit asset in Van Nuys

Torrance Lowe’s Property Goes for $47.5 Mil
12/19/17
Sale consists of freestanding 127k sf building on 12.7 acres

Investor Spends $5.7 Mil on Two West Hollywood Apartment Properties
12/19/17
Purchases total of 17 units

Historic Building in L.A.’s Jewelry District Sells for $255/sf
12/19/17
Bow West Capital plans to renovate and maintain building mostly as creative office space

Upscale Santa Monica Res Property Financed with $31.5 Mil Freddie Mac Loan
12/19/17
HFF arranges money for 53-unit Chelsea Santa Monica

Dedeaux Properties Closes Out an Active Second Half for 2017
12/18/17
Firm inks a number of industrial lease and facility development deals

Property in LA’s City West/Westlake Area Bought for Creative Office/Production Use
12/18/17
Owner to renovate two-building, 14k sf asset

El Segundo Office Property Trades for $117 Mil
12/14/17
Deutsche Asset & Wealth Management buys 204k sf Campus 2100

Anti-Recidivism Coalition Inks Downtown L.A. Office Lease
12/14/17
Organization takes 13k sf at Row DTLA


Trammell Crow Company and Clarion Partners Break Ground on Santa Clarita Industrial Park
12/14/17
Phase 1 of The Center at Needham Ranch will offer 869k sf of space in seven buildings

Work to Start on Upscale Mixed-User in the Western San Fernando Valley
12/13/17
California Home Builder obtains $60 mil in construction money for The Q East in Woodland Hills

Santa Clarita Mixed-Use Project Gets Underway with $20 Mil Construction Loan
12/12/17
Financing is for Serrano Development Group’s Newhall Crossings project

HealthCare Partners Subsidiary Buys San Gabriel Valley Medical Office Building
12/12/17
Deal is for 64k sf property in Covina



 


 
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