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• Custom-ize Your Hotel Portfolio with this 250-Room West LA Investment Opportunity
4/30/10
Here’s news of a unique investment opportunity on LA’s Westside, as the 250-room Custom Hotel in the city’s Westchester area has been listed for sale. Located at 8639 Lincoln Blvd, adjacent to Loyola Marymount University (LMU...
Price: $3.99
Executive Subscriber Price: Free
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• LA-Area State-of-the-Art Industrial Facility Sells for $10 Mil
4/29/10
Sun Hing Foods Inc closed on a large industrial acquisition in east Los Angeles County after paying just under $10 mil for a 111.6k sf ($90/sf) state-of-the-art distribution facility in the City of Industry. Constructed in 2...
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Executive Subscriber Price: Free
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• Soboroff Transitioning Leadership of Playa Vista to Existing Executive Team
4/28/10
Nearly nine years after taking the helm at Playa Vista, and weeks after the City of Los Angeles approved entitlements for the second and final phase of the development, Chairman and CEO Steve Soboroff is transitioning managem...
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• New RENTV Executive Report: West Los Angeles “Tenants in the Market”
4/27/10
Want to know the latest information on which companies are searching for space on LA's Westside? RENTV’s just-posted West Los Angeles “Tenants in the Market” Executive report updates you on about 40 companies said to be in th...
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• Trumark and Resmark Equity Acquire San Fernando Valley Townhome Site
4/27/10
A venture of Trumark Homes and Resmark Equity Partners LLC has acquired a nine-acre new townhome community in the San Fernando Valley community of Granada Hills for $8.4 mil. The gated community, which has been renamed “High ...
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Executive Subscriber Price: Free
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• Gift Products Company Spends Over $10 Mil on Culver City Facility
4/27/10
Punch Studio acquired a 41k sf office building in Culver City for $10.8 mil ($263/sf). The company, a leading manufacturer of gift and stationery items, will use the building as its primary design studio and administrative of...
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Executive Subscriber Price: Free
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• LAUSD Purchases Panorama City Property for New Elementary School
4/23/10
The Los Angeles Unified School District (LAUSD) has acquired a 1.24-acre land parcel in Panorama City containing three office/industrial buildings totaling roughly 22k sf for $3.5 mil.
Located at 14649 Lanark St, the parcel...
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• El Segundo Live/Work Building Fetches $150/sf
4/22/10
A 4.6k sf “live/work” building in El Segundo sold for $695k ($151/sf). Located at 113 Sheldon St, a couple of blocks south of Grand Ave and midway between Sepulveda Blvd and the coastline, the office/warehouse building contai...
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• 107-Unit Hollywood Apartment Portfolio Trades for Over $7 Mil
4/21/10
Madison Partners’ Darin Beebower of Madison Partners has been involved in a number of notable multifamily asset sales in SoCal.
This includes the recent $7.15 mil sale of the Kenmore Apartment Portfolio, three 1920’s vinta...
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Executive Subscriber Price: Free
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• Ashley Furniture Picks Up Former Circuit City Building in LA’s South Bay
4/21/10
Ashley Furniture Industries Inc has purchased a former Circuit City building in Hawthorne. Located at 14600 Ocean Gate Ave, south of Rosecrans Ave and west of Inglewood Ave, the 34k sf retail building faces the 405 Fwy, just ...
Price: $3.99
Executive Subscriber Price: Free
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• Mesa West Capital Provides $44 Mil on Glendale Office Tower
4/20/10
In a major LA-area office financing deal, Mesa West Capital has provided $44 mil in first mortgage financing on 500 North Brand Ave, a 22-story, 420k sf, Class A LEED-certified building. The property is owned by CB Richard El...
Price: $3.99
Executive Subscriber Price: Free
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• Team of Top LA Brokers Form New Real Estate Services Venture
4/20/10
Six of Los Angeles' most successful commercial real estate brokers, along with their 12-person brokerage and administrative team, have realigned and renamed their firm LA Realty Partners. The firm is headed by brokers Hunt Ba...
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Executive Subscriber Price: Free
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• Lowe Enterprises Completes The Lido Shuffle for $9.4 Mil
4/19/10
The Lido Apartments, a 1928-vintage, 100-unit multifamily property in Hollywood, was acquired by Lowe Enterprises for $9.4 mil, or about $94k/unit. The building is located at 6500 Yucca St, one block northwest of the intersec...
Price: $3.99
Executive Subscriber Price: Free
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• Seasons Greetings Come Early in $4.5 Mil Calabasas Deal
4/19/10
Seasons Greetings LLP has acquired an 18k sf mixed-use office and multifamily property in Calabasas for $4.5 mil ($250/sf) in an all-cash transaction. The property is located at 24100 and 24106 Calabasas Rd, south of the 101 ...
Price: $3.99
Executive Subscriber Price: Free
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• Santa Barbara Investor Spends $5.6 Mil on Tarzana Apartment Property
4/15/10
Tarzana Courtyard, a 52-unit apartment community in the San Fernando Valley community of Tarzana, sold for $5.6 mil ($107.7k/unit). Located at 18400 Collins St, west of Reseda Blvd and north of the 101 Fwy, the property had ...
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• Owner/User Acquires 112k sf City of Industry Facility
4/15/10
In a sizable owner/user buy in the City of Industry, Sun Hing Foods inc paid $9.9 mil for an 111.8k sf ($89/sf) structure located at 14841 Don Julian Rd, west of Hacienda Blvd and north of the 60 Fwy. The buyer, a food whole...
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• West LA Office Building Sells for $16 Mil
4/14/10
An 82k sf office building in West Los Angeles was acquired by an investment entity for $16 mil, or about $195/sf. The three-story, multi-tenant building is located at 12304 Santa Monica Blvd, south of Wilshire Blvd and two bl...
Price: $3.99
Executive Subscriber Price: Free
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• Meredith Corp Takes 28k sf of Culver City Office Space
4/13/10
In a Westside lease from a couple of months earlier, Cara Communications/Vin Di Bona Productions agreed to a five-year, $2.8 mil renewal deal for 14.5k sf ($3.22/sf/mo) of space at 12233 W. Olympic Blvd. The Class A high-rise...
Price: $3.99
Executive Subscriber Price: Free
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• Go Film Goes for Boutique Hollywood Building
4/08/10
In a recent Hollywood owner/user acquisition, Go Film, a leading commercial production company, purchased a 4.3k sf boutique office building for its new Los Angeles Headquarters. The flex building is located at 6507 De Longpr...
Price: $3.99
Executive Subscriber Price: Free
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• Diamond Bar Industrial Park Sells for $14 Mil
4/07/10
A three-building, 165.7k sf industrial park in Diamond Bar sold for $13.975 mil, or about $84/sf. The property is located at 745-831 S. Lemon Ave, 20507-20547 and 20529-20847 Walnut Dr, north of I-60.
Al Pekarcik, Dan Vitto...
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