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• Goodman North America Acquires Desirable 29-Acre Industrial Property in the City of Vernon
6/30/23
Goodman North America has acquired a 29-acre industrial infill site in the city of Vernon, a coveted, mid-cities location for industrial real estate in the L.A. Currently, the property comprises one of Southern California's l...
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• CapRock Partners Picks Up Three-Acre Industrial Outdoor Property in Pico Rivera
6/30/23
CapRock Partners acquired Olive Tree Industrial, a 3.1-acre value-add industrial outdoor storage (IOS) property in Pico Rivera. The property includes approximately 31k sf of warehouse space and a large, secured storage yard—a...
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• Phase One Work completed at 688k sf Mixed-User in L.A.’s Koreatown Neighborhood
6/29/23
Phase One work has been completed at The Rise Koreatown, a 688k sf, seven-story mixed-use residential and retail project located at 3525 W 8th St, in the heart of L.A.’s Koreatown neighborhood. Phase one completion concludes ...
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• Prime Residential Lands $947 Mil Refi on L.A.’s Park La Brea Res Complex
6/27/23
Prime Residential has secured a $947 mil refi loan on Los Angeles’ historic Park La Brea, the largest apartment community on the West Coast. The financing, arranged by Newmark, is to retire existing debt. Freddie Mac expects...
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• Hawthorne Redevelopment Sells for $21 Mil
6/27/23
Intracorp Homes paid $21 mil for a 3.82-acre redevelopment site in Torrance. The company plans on redeveloping the site, located at 22501 Hawthorne Blvd, into a luxury mixed-use project to include 17 affordable residential un...
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• Prologis Buys L.A. Area Infill Dev Site
6/22/23
Prologis purchased a 1.43-acre infill industrial site in Lynwood, CA. Located at 11511 Bellinger St, the property includes an unoccupied 34.4k sf industrial facility that was built in 1930. The site supports potential various...
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• Res/Retail Building in Rose Park Neighborhood of Long Beach Trades for $225k/Unit
6/16/23
A 10-unit apartment/retail property in the Rose Park Neighborhood of Long Beach traded hands in a recent deal for $2.25 mil. The property is located at 3032 E. 7th St, just west of Redondo Ave.
Built in 1962, the property i...
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• Century City Office Property Reaches 100% Leased
6/16/23
New lease signings with a multinational law firm, CBRE, and Tilt Coffee Bar have brought the iconic 2000 Avenue of the Stars office property in Century City to 100% leased. 2000 Avenue of the Stars is part of the Century Park...
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• Single-Tenant Starbucks Property in Inglewood Sells for $5k/sf
6/15/23
A 1k sf, single-tenant property occupied by Starbucks in Inglewood sold for $5.1 mil. Built in 2021, the property is situated on .4 acres at 801 E. Manchester Blvd, within walking distance to SoFi Stadium, The Forum and the u...
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• Blatteis & Schnur Secures $27 Mil to Build Spec Retail Project Along Santa Monica’s Third Street Promenade
6/14/23
Here’s news of a spec retail development along Santa Monica’s iconic Third Street Promenade. The three-story, 25k sf project is being developed by Blatteis & Schnur, who are replacing a 77-year-old mixed-used building that th...
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• 910-Unit Mixed-Use Community at Site of Former Radio Station Towers in L.A. Opens to Public
6/14/23
VOX at Cumulus, a 14-acre mixed-use community in the heart of Los Angeles on the site of the former Cumulus radio station towers, has officially opened to the public. The work-live-play development known as the Cumulus Distri...
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• Save the Date - Aug 17 is RENTV's Greater L.A. State of the Market Conference
6/12/23
Hear and network with industry pros who will discuss the region's office, industrial, retail, multifamily and finance sectors at this annual event.
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• L.A. County Metropolitan Transportation Authority Lands $38 Mil Grant to Eliminate At-Grade Crossing in Glendale and L.A.
6/12/23
The Los Angeles County Metropolitan Transportation Authority (Metro) has received a $38.3 mil grant from the Federal Railroad Administration (FRA) for the agency’s Doran Street Grade Separation Project, which seeks to elimina...
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• Industrial Parts Depot Inks $12.5 Mil Lease for Carson Facility
6/09/23
Industrial Parts Depot LLC (IPD) inked a 61-month, $12.5 mil lease for an 83.4k sf industrial facility in Carson. The property is located at 1550 Charles Willard St, south of the 91 Fwy and west of Wilmington Ave.
The wareho...
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• TailoredSpace is Coming to San Juan Capistrano
6/09/23
West Covina-based TailoredSpace has begun construction on its latest coworking location in San Juan Capistrano. When the new campus opens in September 2023, it will be the first fully amenitized coworking operation in the cit...
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• New AC Hotel by Marriott Gets Underway in Pasadena
6/08/23
Welcome Group Inc has begun construction of AC Hotel by Marriott, a 194-room, 100k sf hotel in Pasadena. The project, being built by R.D. Olson Construction, is designed to appeal to business and leisure travelers alike.
A ...
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• Flex/Office Building in El Segundo’s Superblock Area Goes for $6 Mil
6/07/23
Chicago-based Diamond Realty Holdings (DHR) purchased a 14.4k sf industrial flex/office building at the intersection of Lairport St and East Mariposa Ave in the superblock area of El Segundo. The price was $6.05 mil ($420/sf)...
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• Colliers Lands Leasing and Management Assignment for EY Plaza in DTLA
6/05/23
Colliers has been awarded the exclusive leasing and property management assignment of Downtown Los Angeles’ EY Plaza, formerly Ernst & Young Plaza, at 725 S. Figueroa St. The firm was retained by Gregg Williams of Trident Pac...
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• Pasadena Child Development Associates Leases 16k sf of Pasadena Office Space
6/01/23
Pasadena Child Development Associates inked a lease for 16.2k sf of office space in Pasadena. The lease encompassed two adjacent buildings, one located at 790 East Green and the other at 118 South Oak Knoll. Both buildings ar...
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• EverWest Real Estate Investors Buys 101k sf Warehouse in Carson
5/26/23
EverWest Real Estate Investors has completed its second industrial acquisition in less than a month, purchasing a 101.2k sf warehouse facility situated immediately off of the 710 Fwy and I-405, just north of the Ports of Long...
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