West L.A.’s Rexford Industrial Realty Inc. has purchased the six-building Rancho Pacifica Industrial Park in Rancho Dominguez for $210.5 million, or $180 a square foot, from downtown’s CBRE Global Investors Ltd., according to a statement.
Virtual reality studio Within raises $40 million, PCM Inc. share price falls 25 percent and TenOneTen raising $50 million fund.
Coworking startup WeWork has signed a lease to occupy the entire seventh and eighth floors of Pacific Design Center’s RedBuilding in West Hollywood, adding 70,000 square feet to its portfolio of 13 L.A. County locations.
The parent company of cannabis lifestyle magazine High Times is going public after being acquired by a special-purpose acquisition company (SPAC), which valued the company at $250 million.
Local air quality regulators on Wednesday announced they are seeking an order to reduce emissions of a toxic chemical at Lubeco Inc., a Long Beach metal-finishing plant.
Downtown’s RBB Bancorp joined the ranks of public companies Wednesday with an $86 million initial public offering on the Nasdaq.
Silicon Beach Report July 26: Global Eagle to Cancel $416 Million Deal With Chinese Firm Over National Security Concerns
Global Eagle to cancel $416 million deal with Chinese firm over national security concerns, Guidance Software acquired for $240 million, and Elon Musk reveals car elevator at Boring Co. site.
Burlingame-based electric bus manufacturer Proterra Inc. commemorated its new manufacturing facility in City of Industry on Wednesday.
National security concerns have forced Global Eagle Entertainment, an in-flight Wi-Fi service, to cancel a $416 million investment agreement with China’s Beijing Shareco Technologies to create a new joint venture for the Chinese market.
Downtown L.A. restaurant and coffee roaster Urth Caffé is moving its central kitchen and headquarters to Hawthorne, the company announced Tuesday.
The iconic Bradbury House at 102 Ocean Way in Pacific Palisades has sold for $12 million to a local woman who intends to make it her primary residence, according to John Aaroe Group, which represented the seller.
Modular construction startup Emagispace raises $4.2 million, ABC News forms production partnership with ATTN:, and Elon Musk disses Mark Zuckerberg’s understanding of the dangers of artificial intelligence.
The Annenberg Foundation has awarded downtown’s Music Center a $3 million grant to advance arts education, the center announced Tuesday.
Internet Brands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people.
Long Beach-based Molina Healthcare Inc. plans to cut 1,400 jobs in the next few months, Reuters reported Monday.
Platinum Equity deployed more of its $6.5 billion flagship Fund Monday, announcing an agreement to purchase United Site Services for an undisclosed sum.
Internet Brands Inc. of El Segundo announced an agreement Monday to acquire online medical information company WebMD for $2.8 billion.
Spanish-language broadcaster Entravision Communications Corp. has entered into an agreement with OTA Broadcasting to acquire Palm Springs stations KMIR-TV, an NBC affiliate, along with KPSE-LA, a MyNetworkTV affiliate, for $21 million.
Cinq Music raises $20 million Series B, Snap Inc. selling Spectacles in Harrods of London, and Snap Inc. hires Swiss team behind anti-reverse engineering software.
Beverly Hills-based biotechnology company Capricor Therapeutics was this week’s biggest mover, gaining 92.65 percent to end at $1.31. Social Reality Inc. was also among this week’s biggest movers. The Los Angeles-based internet advertising company rose 19.17 percent to end at $1.43. Santa Monica-based automotive pricing and information website True Car Inc. was this week’s biggest loser, dropping 7.42 percent to end at $19.96.