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• Korean Air Poised for Take-Off in Downtown LA
4/06/09
While plans for new office developments have pretty much come to a standstill during these recessionary times, there still is the occasional bold developer looking to move forward with a truly unique project that they believe...
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• Unique SoCal Listing Includes LA County’s Largest Privately Owned Lake
4/03/09
Here’s news of a very unique SoCal listing to hit the market, as the Conservation Land Group is selling a 175-acre property that includes Los Angeles County’s largest privately owned natural lake with surrounding wetlands, ma...
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• Valley Office Space Users Ink Deals in Woodland Hills and Pasadena
4/02/09
We’ve got two recent office leases in the $3 mil range to report from opposite ends of the San Fernando Valley, with one transaction in Woodland Hills, on the western end, and the other in Pasadena, at the eastern edge of the...
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• Huitt-Zollars Gets Huge Dollars
4/01/09
The Westlake Village office of Huitt-Zollars has been selected as the prime consultant for the City of Calabasas' $23 mil freeway bridge widening and interchange project at Lost Hills Rd and U.S. 101. Under the terms of the c...
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• Greenberg Glusker Inks $62 Mil Century City Office Renewal
3/31/09
Well-known entertainment and real estate law firm Greenberg Glusker Fields Claman & Machtinger LLP inked a 15-year renewal lease for its 61.8k sf of Class A office space in Century City, on floors 20, 21, and 22 at 1900 Avenu...
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• Torrance Commerce Center Acquired by Koll/PER
3/27/09
Torrance Commerce Center, a 60-unit, 112k sf industrial park in Torrance, was recently acquired by Koll/PER, a venture of The Koll Company and the Public Employee Retirement System of Idaho (PERSI). It is situated on a 6.26-a...
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• New Restaurant Adds the Right Elements to the Pasadena Playhouse
3/27/09
By Allen Wolfsheimer
Things may be slow these days but people still have to eat and, with the right combination of food, price and ambience, people are still electing to dine out on occasion. Soon, residents in the LA area w...
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• Bixby Land Awards Leasing for 400k sf Retail Portfolio to Grubb & Ellis
3/26/09
Bixby Land Company has awarded the leasing assignment for four shopping centers in south LA County to Grubb & Ellis Company. The properties, three in Long Beach and one in Cerritos, total roughly 400k sf.
Terrison Quinn, Ma...
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• Starpoint Closes Towering Buy in Texas
3/26/09
StarPoint Commercial Properties, out of Beverly Hills, just closed on a notable Texas buy, having acquired office and retail space at The Tower Complex, a mixed-use residential condo development located at 500 Throckmorton St...
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• Adobe Communities Acquires Vacant Pasadena Apartment Building for Senior Housing
3/23/09
Abode Communities has acquired a 33.7k sf apartment building located on 42.8k sf of land at 1267 North Hudson Ave, a block west of Lake Ave in Pasadena, for $4.5 mil. The non-profit developer, also known as Hudson Oaks Limit...
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• 2G Digital Post Takes 6.5k sf of Burbank Space
3/23/09
The commercial portion of Gangi Development’s Media Village in Burbank is 100% leased thanks to a recent deal with post-production company 2G Digital Post, which signed a five-year, $950k lease for 6.5k sf ($2.43/sf/mo) of of...
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• LA Gets a Studley Team of Retail Pros
3/20/09
The Los Angeles office of national real estate services firm Studley has added a veteran team of retail brokers for its National Retail Services Group. Executive Vice President Bill Bauman, most recently Senior Vice Presiden...
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• New RENTV Executive Report: South Bay Hot Transactions
3/19/09
Our latest Executive Subscriber report will update you on the past 12 months of closed deals from the South Bay, an important SoCal region that covers the LAX area south through Long Beach. Other cities in the report include ...
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• Warner Brothers Expands Burbank Office Space
3/18/09
By Allen Wolfsheimer
Although the majority of the news we’ve been hearing lately from entertainment biz companies has had to do with cutbacks, here’s something on a more positive note, as Warner Brothers Entertainment inked ...
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• Charles Dunn Company to De-Stress Your Distressed Real Estate Needs
3/16/09
Charles Dunn Company has created a new division called the Restructuring Services Group (RSG). Based in the corporate offices of Charles Dunn Company's downtown building at 800 West Sixth St in Los Angeles, the RSG provides a...
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• Marcus & Millichap Handles Trio of SoCal Apartment Sales
3/13/09
In Artesia, a 29-unit multifamily property called East Park Apartments sold for $3.8 mil ($131k/unit). Located at 11562 186th St, near the Cerritos Mall in southeastern LA County, the property was marketed as a value-add oppo...
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• Unique Investment Could Offer Crystal Clear Returns
3/11/09
By Allen Wolfsheimer
We’re betting that investors looking for a truly unique opportunity in the LA area might be interested in this new listing we just heard about. The property is the guestrooms portion of the Crystal Casin...
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• Two Leading SoCal Interiors Firms Design a Business Merger
3/09/09
In a recent SoCal merger that is said to have created the largest commercial interiors firm in the region, commercial interior design and architecture firm Shlemmer+ Algaze +Associates (SAA) combined with Pasadena-based City ...
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• ASI Entertainment Takes 21k sf of NoHo Office Space
3/06/09
ASI Entertainment inked a lease for 20.9k of ground floor office space at 12020 Chandler Blvd, a four-story building located just northeast of the Chandler and Laurel Canyon Blvd intersection in North Hollywood. The 10-year t...
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• FL Logistics Firm Saddles Up to Santa Fe Springs Facility
3/04/09
As tough as things are these days there seems to be no lack of demand for industrial facilities in LA’s mid-cities region. In this latest example, Saddle Creek Corp, a third-party logistics provider based in Lakeland, FL, sub...
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