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October 13, 2024

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LOS ANGELES COUNTY HEADLINES

27th Annual NAIOP SoCal UCLA vs. USC Real Estate Challenge to be Held on November 21
10/10/24
This year’s competition is to present the best plan for a 9.27-acre parcel in El Segundo

Pasadena Medical Office Building Sells for $560/sf
10/10/24
20k sf property located in the city’s Fair Oaks medical corridor

Forner Boy Scouts HQ Building in Pasadena Sells for $5.5 Mil
10/09/24

15k sf structure goes for $367/sf

Drawbridge Realty and KKR/Global Atlantic Spend $185 Mil on Santa Monica Office Property
10/08/24

225k sf Arboretum Gateway is fully leased by Universal Music Group

Visionary Developments Buys 10k sf of Land in East Hollywood
10/07/24
Buyer hoping to build-75-unit affordable housing project on the site

Drawbridge Realty Buys 225k sf HQ Building in Santa Monica
10/07/24
Six-story structure is in the city’s Media District

The Bradmore Group Finishes Work on Marina del Rey Creative Office Campus
10/07/24

42XX offers 151k sf of space in three buildings

Hines Buys 2,460-Unit SoCal Self-Storage Asset in $91 Mil Deal
10/04/24
Deal is said to be the largest self-storage property sale in history

Apartment Building in L.A.’s Echo Park Area Goes for $290k/Unit
10/04/24
Five-unit asset was fully occupied at time of sale

Retail Center in Hermosa Beach Sells for Over $500/sf
10/02/24

Chartwell Real Estate Development buys 50k sf Park Pacific Shopping Center

Downtown L.A. Highrise Trades for $80 Mil
10/02/24

Washington Capital Management buys 700k sf 445 South Figueroa on behalf of Southwest Carpenters Pension Trust

ACSCO Products Leases 29k sf of Space in Burbank
9/27/24

Deal is for part of a 63k sf warehouse/manufacturing facility

Aerospacelab Leases 35k sf Torrance Building
9/23/24

35k sf facility includes 6.7k sf of office space

GPI Companies Boosts LA Area Portfolio with 292-Unit Res Buy in North Hollywood
9/20/24

Firm acquires The Lofts at NoHo Commons community

Hermosa Beach Mixed-Use Asset Goes for $820/sf
9/18/24

Property consists of res units over ground floor restaurant space

Optimus Properties Buys Retail Strip Center in Hollywood
9/16/24
20k sf property is part of a center shadow-anchored by former 99 Cents Only store

UCLA Spends $39 Mil on New Apartment Complex in West Los Angeles for Graduate Student Housing
9/16/24

62-unit property will offer shared two- and three-bedroom apartments

Premier Workspaces Opens New Location in L.A.’s Brentwood Glen Area
9/16/24

New offices are near Sunset, Wilshire and the 405 Fwy

Vernon Industrial Property Sells for Over $61 Mil
9/11/24
Seven-acre site currently houses a 368k sf building

Advanced Real Estate Closes $62 Mil Res Buy in Downtown LA
9/11/24

Firm picks up Canvas LA for $295k/unit

Visit the Los Angeles County News Archive