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• North Hollywood Industrial Building Purchased by Owner/User in $9.8 Mil Deal
2/25/25
A 30k sf industrial building in North Hollywood sold for $9.79 mil, or $326/sf. The property is located at 13030 Raymer St, west of Coldwater Canyon Ave and north of Sherman Way.
The buyer was Tiptop Restoration Inc, who wil...
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• Commercial Real Estate Financing Briefs
2/21/25
CBRE - Mike Walker, Jesse Weber, Andrew Behrens and Brad Zampa with CBRE’s Debt and Structured Financing team arranged $25 mil in financing for 88 Hillside Apartments, a 95-unit multifamily community in Daly City, on behalf o...
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• Chinese Restaurant Chain Spends $4 Mil on Arcadia Store for Its Sixth Location
2/21/25
A 5k sf restaurant building in the San Gabriel Valley city of Arcadia was acquired for $4 mil ($800/sf) by the ownership entity for Mama Lu’s Dumpling House, a traditional Chinese restaurant with several locations throughout ...
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• Apartment Property in L.A.’s Koreatown Sells for $108k/Unit
2/20/25
A private investor paid $4.35 mil for a 40-unit apartment building in Los Angeles’ Koreatown neighborhood. The property is located at 520 S. Hobart Blvd, north of Wilshire Blvd and east of Western Ave.
The property sits in o...
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• New Chipotle in Torrance Sells for Over $1,600/sf
2/19/25
A new, 3.6k sf single-tenant property occupied by a Chipotle Mexican Grill in Torrance was purchased by a private investor for $5.89 mil, or $1,636/sf. The property is located on a 0.37-acre parcel at 1019 West Carson St, jus...
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• Commercial Real Estate Financing Briefs
2/17/25
JLL CAPITAL MARKETS -- Jason Carlos with JLL Capital Markets arranged a $16.5 mil senior loan for Sterling Grove, a newly constructed Safeway-anchored retail center in Surprise, AZ. Developed in 2023 by Common Bond Developmen...
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• San Pedro Waterfront Development Lands $61 Mil Recapitalization
2/17/25
West Harbor, a planned 42-acre waterfront dining, entertainment and retail development adjacent to the Port of San Pedro, has been recapitalized with new financing of $61.5 mil. Located at 612 – 1422 S. Harbor Blvd, West Harb...
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• Skechers Leases 12k sf Structure in Torrance
2/17/25
Skechers has inked a 10-year lease for an 11.8k sf, former Walgreens free-standing building in South Torrance. The building sits on a 41.8k sf lot at 2690 Pacific Coast Highway, a prominent South Torrance signalized intersect...
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• Landrock LP and Pendulum Property Partners Buy Class Office Building in Glendale for $56 Mil
2/14/25
In a Glendale office buy, a partnership between Landrock LP and Pendulum Property Partners purchased 505 North Brand Blvd, a 329.4k sf, recently renovated Class A tower. The price was about $56 mil, or $170/sf.
The building ...
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• Los Angeles County Signs Lease for 44k sf of Office Space in the City’s Miracle Mile District
2/13/25
Los Angeles County agreed to a lease for 43.8k sf of office space at SAG-AFTRA Plaza, an 11-story, 530k sf Class A office building at 5757 Wilshire Boulevard in Los Angeles’ Miracle Mile submarket. The move represents an exp...
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• Antelope Valley Industrial Building Sells for Almost $200/sf
2/12/25
A private trust paid $4.4 mil for a 22.4k sf ($196/sf), industrial investment property in Palmdale. The free-standing building sits on 51k sf of land at 38960 Trade Center Dr, in the northeast portion of Los Angeles County’s ...
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• Commercial Real Estate Financing Briefs
2/07/25
AVATAR FINANCIAL GROUP -- Avatar Financial Group LLC has provided a $56 mil loan for Williams Village, an infill redevelopment project in Boulder, CO. The two-year loan allows the borrower to buy out two remaining ground leas...
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• Westport Properties Buys 2,284-Unit SoCal Self-Storage Portfolio
2/07/25
Westport Properties has acquired a self-storage portfolio comprising two StorQuest Self Storage (managed) assets in Southern California. The properties, located in Carson and Carlsbad, total 2,284 units and 270.8k sf of space...
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• Apartment Property in L.A.’s Mar Vista Area Sells for $429k/Unit
2/05/25
Mar Vista Lofts, a well-maintained 21-unit multifamily building in Los Angeles’ Mar Vista neighborhood, traded hands in a $9 mil ($428.5k/unit) deal. Constructed in 2012, the property sits on a double lot located at 3992-3996...
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• Warner Center Office Building Lands $12.7 Mil Refi Loan
2/05/25
Warner Center Business Park, a six-story, 93.6k sf office property in Warner Center, was refinanced with a new permanent loan for $12.7 mil. The Class A property, located at 5950 Canoga Ave in the western San Fernando Valley,...
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• Calabasas Office Building Acquired by Cross Ocean Partners and Palisade Group
2/05/25
A joint venture between Cross Ocean Partners and Palisade Group purchased 4500 Park Granada, a three-story Class A office building in Calabasas, California. The price was not disclosed.
The property is situated on a 20-acre ...
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• Hear and Network with L.A. CRE Pros at State of the Market Conference
1/31/25
RENTV's 2025 Greater Los Angeles conference will be held on March 26 at the Hilton Los Angeles Culver City Hotel from 8:00 AM - 2:45 PM. The event will feature high-powered panels of top local executives and dealmakers discus...
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• Bridge Logistics Properties Acquires 5.6-Acre Site in the City of Commerce
1/31/25
Bridge Logistics Properties (BLP) acquired a 5.6-acre site at 4542 Dunham in the City of Commerce. BLP intends to market the existing 122k sf building for lease while simultaneously pursuing entitlements for a new 127k sf sta...
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• Culver City Creative/Mixed-Use Property Trades for $14.8 Mil
1/31/25
In a recent Culver City trade, Montana Avenue Capital Partners purchased a 57.9k sf, mixed-use building for $14.85 mil ($256/sf). The two-story, two-building property, known as Campus 56, is located at 5600-5650 W. Centinela ...
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• Hudson Pacific Sells Creative Office Property in Downtown LA Arts District
1/30/25
In a notable trade in Downtown L.A.’s Arts District, Hudson Pacific Properties collected $46 mil from the sale of Maxwell, a creative office property. Tenants include Accenture, Califia Farms and Twitch.
Maxwell is located a...
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