|
• OUTFRONT Media Leases 34k sf Hollywood Building
7/20/22
OUTFRONT Media, one of the largest out-of-home media companies in the U.S., has signed a 34k sf lease for the entire building that Urban Outfitters and Umami Burger recently vacated at 1520 N. Cahuenga Blvd in Hollywood. OU...
|
• Novo Capital Partners Team Joins CBRE
7/19/22
Gianni Novo and the Novo Capital Partners team have joined CBRE Capital Markets’ Debt & Structured Finance team in Los Angeles. The team is based in CBRE’s West L.A. office.
The team specializes in commercial real estate lo...
|
• Apartment Property in Long Beach Sells for $323k/Unit
7/19/22
An 11-unit apartment property in the Alamitos Beach submarket of Long Beach sold for $3.55 mil ($323k/unit). The property is located at 366 Walnut Ave, just one block from Fourth Street/Retro Row.
Built in 1923, the bungalow...
|
• L.A. Area Office Market Recovery Hits Bump in 2nd Qtr 2022
7/19/22
This report provided by real estate services firm JLL
Overview
• Leasing was more muted, reflecting concerns over the economy and more limited progress in getting employees back into the office.
• Additional space-give back...
|
• Bone Clones Buys Industrial Property in Chatsworth
7/15/22
Bone Clones, a company that manufactures, distributes, and sells human and animal reproductions of bones and complete skeletons for museums, schools, exhibitors and the movie industry, acquired a 20k sf industrial building in...
|
• Sharp Capital - One Cole Group Joint Venture Spends $16 Mil on Pomona Industrial Property
7/15/22
DSquared Capital LLC, a joint venture between Sharp Capital and One Cole Group, has acquired an industrial property in Pomona, consisting of an 80k sf building on just over four acres, in a recent $16 mil transaction. The pro...
|
• Bolour Associates Spends $13.7 Mil on Hollywood Mixed-Use Property
7/14/22
Bolour Associates Inc has purchased a two-story, 32.5k sf, mixed-use building in Hollywood for $13.7 mil, or $421/sf. Located at 6432 Santa Monica Blvd, the building is located at the signalized corner of Santa Monica Blvd an...
|
• Res Community in L.A.’s Los Feliz Neighborhood Goes for $480k per Unit
7/13/22
Alliance Residential Company purchased Vue Los Feliz, a 134-unit apartment property in the Los Feliz neighborhood of Los Angeles, for $64.3 mil, or $479.9k per unit. The property was sold by a private multifamily investment f...
|
• California Fertility Partners Leases 34k sf HQ Space in West Los Angeles
7/12/22
California Fertility Partners, a wholly owned subsidiary of Tampa-based Pinnacle Fertility, inked a deal for a 34k sf HQ space in Los Angeles. The lease is for the entire Sawtelle Plaza building, located at 2045 Sawtelle Blvd...
|
• Instil Bio Lines Up $85 Mil for Development of a Life Sciences Campus in the San Fernando Valley
7/12/22
Instil Bio has secured $85 mil in construction money for the development of a state-of-the-art, 102k sf life sciences campus in the San Fernando Valley community of Tarzana. Located at 18404-18412 Oxnard St, north of the 101 ...
|
• Lift Partners Buys 42k sf Industrial Property in Rancho Dominguez
7/12/22
Lift Partners acquired a 42.5k sf industrial property located at 2950 E. Harcourt in Rancho Dominguez in an off-market deal. The price was not given out.
The freestanding asset is fully NNN-leased to Wenzlau Engineering, a s...
|
• Draftsmen & Craftsmen
7/12/22
C.W. Driver Companies has completed the remodel and improvement to the Whittier Central Library. The 39.3k sf, $14.6 mil project included a 35k sf modernization to the existing building and a 4.3k sf minor expansion. CWA AIA ...
|
• Single-Tenant ALDI Property in Downey Goes for $7.3 Mil
7/11/22
A private trust paid $7.3 mil for an 18.6k sf ($392/sf), single-tenant retail building fully occupied by ALDI in the Los Angeles-area city of Downey. The property was sold by Westland Real Estate Group.
Positioned on 1.65 a...
|
• L.A. County Retail Trade Rings Up at $3.2 Mil
7/08/22
Luxurious Properties LLC purchased an 11.5k sf shopping center and land parcel in Los Angeles in a $3.2 mil transaction. The seller was Garrison Property Management LLC.
The shopping center is located at 1628-1642 Firestone ...
|
• Corner Development Site in Hollywood Acquired for Development of Planned Community Campus
7/06/22
A 65.6k sf parcel of contiguous land on the corner of Highland Ave and Sunset Blvd in Hollywood was purchased by Grammy Award-winning songwriter and producer Philip Lawrence. Lawrence, known for his long-time collaboration wi...
|
• Three Industrial Buildings in the City of Paramount Fetch $10.7 Mil
6/29/22
Three industrial buildings totaling 35k sf in the city of Paramount sold for $10.7 mil ($220/sf) in two transactions.
In one of the transactions, two vacant industrial buildings zoned M2 on a corner lot with a fully fenced ...
|
• Brasa Capital Management Closes Second Investment Fund Oversubscribed at $450 Mil
6/29/22
Brasa Capital Management LLC (“Brasa”), has closed Brasa Real Estate Fund II LP (“Fund II”), reaching its hard cap of $450 mil.
With a Fund II target of $300 mil, Brasa has now exceeded its fundraising goal on its first tw...
|
• Tishman Speyer Collects $205 Mil from El Segundo Office Sale
6/28/22
In a major office trade out of L.A.’s South Bay region, Tishman Speyer collected $205.5 mil from the sale of 555 Aviation, a 259.8k sf ($791/sf), low-rise office building in El Segundo that is 100% leased to Saatchi & Saatchi...
|
• L.A. Area Investors Trade Long Beach Apartment Property in $6.5 Mil Deal
6/27/22
A Los Angeles-based private investor paid $6.5 mil for a 16-unit ($406k/unit) apartment property in the Rose Park neighborhood of Long Beach. The property is located at 640 Stanley Ave.
Built in 1973, the two-building proper...
|
• Rexford Industrial Realty Picks Up Five-Acre Development Site in Santa Fe Springs
6/24/22
Rexford Industrial Realty acquired a five-acre development land parcel in Santa Fe Springs for $34 mil. Rexford plans to complete the ground-up development of a 108k sf, Class A warehouse facility at the site. The acquisition...
|
Return to the Southern California - Los Angeles County area
