This Week’s Issue
Four Industrial Buildings in Commerce Sell for More Than $20M
Karney Properties Co., a Brentwood-based real estate firm, has sold four industrial buildings totaling roughly 120,000 square feet in Commerce for more than $20 million.
Swissport International to Lay Off 830 Employees at LAX
Swissport International plans to close its ground handling and transportation operations at Los Angeles International Airport and lay off about 830 people, the Zurich, Switzerland-based company said in a letter to the state’s Employment Development Department.
Colliers Acquires Glendale’s CBC Advisors and Adds 10th Area Office
Toronto-based Colliers International Group Inc. has closed on its purchase of CBC Advisors in Glendale, a commercial real estate brokerage franchise, according to Colliers.
Southern Counties Express Acquired for $65 Million
Compton-based logistics company, Southern Counties Express Inc., was acquired for $65 million in cash by competitor Universal Logistics Holdings Inc., the companies announced Aug. 10.