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• George Smith Partners Arranges $15 Mil for City Purchase of Downtown LA Land
7/15/08
The Community Redevelopment Agency of the City of Los Angeles recently acquired an 18-acre industrial parcel in Downtown Los Angeles in a transaction that was funded by a $15 mil acquisition loan arranged by George Smith Part...
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• Rexford Picks Up 57k sf Glendale Industrial Building
7/11/08
A fully leased 57.1k sf industrial facility in Glendale was acquired by LA-based Rexford Industrial for $6.2 mil ($109/sf). The free-standing building is located at 700 Allen Ave, east of the I-5 between Alameda and Western A...
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• Hollywood Res Project Gets $27 Mil in Joint Venture Equity Funding
7/10/08
A planned multifamily development in Hollywood is closer to becoming a reality, as the project’s developer, JPI Inc, recently closed on $27.19 mil in joint venture equity funding. The Class A project -- Jefferson at Hollywood...
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• Shorenstein Purchase to Shore Up Maguire’s Balance Sheet
7/08/08
Led by new President and CEO Nelson Rising, the new management team at Maguire Properties has not wasted much time in trying to bolster the balance sheet at the LA-based office REIT, which has gone through a turbulent period ...
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• First Industrial Delivers Modern 213k sf Facility for DHL
7/08/08
In a transaction that validates the ongoing market demand for modern warehouse/distribution space in LA’s South Bay region, DHL/Exel Inc agreed to a five-year, $12.9 mil lease for 213.5k sf ($1.00/sf/mo) of space in Rancho Do...
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• Starpoint Flips LA-Area Apartment Property for $17 Mil
7/07/08
Beverly Hills-based Starpoint Properties has collected $17.3 mil from the sale of an 83-unit ($208k/unit) apartment complex in LA’s Koreatown area just two years after they acquired the property for $11 mil ($132.5k/unit). Th...
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• Qualco Picks Up Santa Fe Springs Facility
7/03/08
Demand for industrial space in LA’s mid-cities and Eastern San Gabriel Valley areas remains strong, due to their strategic location for serving the greater Los Angeles Basin area and because of very limited opportunities to d...
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• Playa Vista Gets Interactive
7/02/08
By Allen Wolfsheimer
Chalk up another major lease signing at Playa Vista, the massive mixed-use development on LA’s Westside where work on two state-of-the-art office projects is currently underway. In this latest deal, Fox ...
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• Bernards Adds Touch of Americana to Its Portfolio
7/02/08
The Americana at Brand, the exciting mixed-use mega-project that just opened to the public in Glendale a few weeks ago, boasts 475k sf of shops and restaurants with individualized storefronts and an 18-screen Pacific Theatres...
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• Seventh Street Development Collects $9.3 Mil from Latest Sales at Pomona Project
7/01/08
Activity continues at a good pace at Mission-71 Business Park, a newly built industrial campus in the city of Pomona. The project developer, Seventh Street Development, has recently sold three more industrial buildings for a ...
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• Bantry Signs Apriso for 20k sf at Shoreline Square
6/30/08
Here’s an update on a trio of recent deal comps from LA’s South Bay region. This article includes notes about an office lease in downtown Long Beach, along with two recent industrial sales in Seal Beach and Inglewood.
We’ll ...
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• Belkin Connects to 150k sf at Playa Vista Office Development
6/30/08
Although the current economic slowdown may have put some real estate projects on the back burner, development of a new 325k sf office project at Playa Vista in West LA is moving full speed ahead, thanks in part to a recent le...
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• Westside Multifamily Comps
6/27/08
A private investor paid $9.35 mil for The Hollywood Continental Apartments, a 56-unit ($167k/unit) multifamily property located at 7737 Hollywood Blvd, a couple of blocks east of Fairfax Ave in Hollywood. Morgan McMullin and ...
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• Burbank Office Listing Offers a Lot of Security
6/27/08
Investors on the lookout for single-tenant property opportunities with low-risk tenants might want to take note of this Burbank listing that just hit the market -- a 13.6k sf office building fully leased to the Social Securit...
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• Monrovia Mixed-Use Project is Completed
6/26/08
Colorado Commons, a new mixed-use community in historic downtown Monrovia, has just been completed, providing what local politicos believe will be a spark plug in the revitalization of the city’s historic Old Town business di...
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• Move Over Disneyland – La Mirada May Be the Happiest Place on Earth
6/26/08
Unhappy with life where you live? Move to La Mirada! According to recent survey results, local residents view La Mirada as a great place to live and are overwhelmingly satisfied with local government (maybe LA Mayor Villaraig...
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• Lincoln Property Underway on New Calabasas Office Project
6/26/08
Construction is well underway on a new Class A, three-story office building in development-shy Calabasas. The 51.7k sf project, scheduled for completion in October 2008, is a development of Lincoln Property Company.
The new ...
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• New RENTV Executive Report: West Los Angeles Properties on the Market
6/25/08
Our latest Executive report will give you a feel for some of the more notable investment opportunities currently available throughout Los Angeles’s Westside. The report includes almost 30 listings, including office, industria...
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• Industrial Leases are Elementary to Watson
6/25/08
Watson Land Company, the big South Bay-based land owner and developer, recently secured three new leases encompassing more than 300k sf of industrial space within the Watson Industrial and Dominguez Technology Centers in Cars...
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• Jamison Signs LA County Bar Association to 40k sf in Downtown Los Angeles
6/25/08
In a recent downtown Los Angeles office lease, the Los Angeles County Bar Association (LACBA) signed a 12-year deal for 40k sf of office space at 1055 W. Seventh St, a 32-story, 618k sf building owned and operated by locally ...
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