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February 10, 2025
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LOS ANGELES COUNTY HEADLINES
Commercial Real Estate Financing Briefs
2/07/25
Recent deals from Avatar Financial Group, Northmarq, MetroGroup Realty Finance and Gantry

Westport Properties Buys 2,284-Unit SoCal Self-Storage Portfolio
2/07/25
Purchase consists of properties in Carson and Carlsbad



Apartment Property in L.A.’s Mar Vista Area Sells for $429k/Unit
2/05/25
Private investors trade 21-unit asset in $9 mil deal

Warner Center Office Building Lands $12.7 Mil Refi Loan
2/05/25
93k sf building is nearly 90% occupied

RENTV 2025 Los Angeles State of the Market Conference

Calabasas Office Building Acquired by Cross Ocean Partners and Palisade Group
2/05/25
222k sf Class A building was fully leased at time of sale

Hear and Network with L.A. CRE Pros at State of the Market Conference
1/31/25
RENTV's 2025 Greater Los Angeles conference will be held on March 26 at the Hilton Los Angeles Culver City Hotel from 8:00 AM - 2:45 PM. The event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the region.

Bridge Logistics Properties Acquires 5.6-Acre Site in the City of Commerce
1/31/25
Firm to lease existing 122k sf structure while adding an additional 127k sf facility

Culver City Creative/Mixed-Use Property Trades for $14.8 Mil
1/31/25
Montana Avenue Capital Partners buys 58k sf Campus 56

Hudson Pacific Sells Creative Office Property in Downtown LA Arts District
1/30/25
61k sf Maxwell goes for $46 mil

Universe Holdings Collects $10 Mil from Sale of Two Multifamily Properties in L.A.’s South Bay
1/27/25
Hawthorne and Inglewood assets total 32 units

The Toy Association Inks Lease for 95k sf in El Segundo
1/22/25
Firm takes four floors at 340k sf tower at 101 Continental Blvd

Early Signs of Stabilization in LA County’s Office Market as Q4 2024 Vacancy Rates Reach Trough
1/20/25
New report from NAI Capital Commercial suggests the market is beginning to stabilize

New Luxury Res Development in the San Gabriel Valley Has Begun Leasing
1/20/25
292-unit Solana at Duarte Station is a development of MBK Rental Living

55k sf Encino Office Building Gets New Owner
1/14/25
Structure was built in 1974 but recently underwent significant improvements

City of Los Angeles Buys Five Acres of Land in Harbor City
1/09/25
Undeveloped site will be used for a clean energy electric bus charging faciity

UCLA Launches New Master of Real Estate Development Program
1/09/25
Greg Morrow will lead the Luskin School–based initiative

Access Services Spends $35 Mil on Compton Industrial Site
1/08/25
Deal is for just over six acres

Commercial Real Estate Financing Briefs
1/08/25
Recent transactions from BWE, Gantry and Marcus & Millichap Capital Corporation

West Harbor Capital Buys 34k sf Industrial Facility in Redondo Beach
1/06/25
Buyer to implement repositioning plan for the asset

Montclair Restaurant Building Sells for $400/sf
1/03/25
6.2k sf structure was formerly a Red Lobster

Construction Topped Out on 265-Unit Res Project in Gardena
1/02/25
Apollo is a development of Cityview and Stockbridge

Ambulance Service Leases 41k sf Industrial Facility in Sylmar
12/30/24
Tenant to use property as its corporate HQ

Cityview Buys 112-Unit Res Property in Hollywood
12/27/24
50-year-old Candela is viewed as a value-add opportunity

Envision / Faring Venture Pays $90 Mil for Beverly Hills Office Building
12/24/24
133k sf property goes for $675/sf

Brookfield Properties Awards Leasing Assignment for DTLA Mixed-Use Campus to Colliers
12/23/24
California Market Center consists of 1.9 msf of space in three buildings

West Hollywood Apartment Property Trades for $252k/Unit
12/20/24
40-unit asset fetches just over $10 mil

Christopher Larimore and Tish Childs to Lead New Property Management Division at Lee & Associates
12/16/24
Duo will be based out of the firm’s Pasadena office

Creative Office Building in El Segundo Sells for Over $500/sf
12/13/24
17k sf structure purchased for $9.2 mil by an owner/user

Virco Manufacturing Renews Lease for 559k sf Torrance Facility
12/12/24
Deal calls for the installation of solar panels at the firm’s L.A. area HQ location

Private Investors Trade Burbank MOB in $16 Mil Deal
12/12/24
47k sf property goes for $336/sf

County of L.A. Spends $200 Mil on 1.3 msf Gas Company Tower
12/11/24
Class A office tower in DTLA’s Bunker Hill trades for $154/sf

Captura Corp Leases Pasadena R&D/Flex Facility
12/09/24
State-of-the-art building had previously been occupied by Nobel Prize winner Materia

Oliver McMillan Secures $12.5 Mil on Culver Theater Property in the City’s Downtown
12/03/24
JLL arranges loan on six-screen complex across from the iconic Culver Hotel



 
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