A Woodland Hills-based real estate investor has purchased five apartment buildings in Koreatown for $10.5 million with plans to tear down the properties, according to CBRE, which represented the seller.
Daiso California is taking over American Apparel’s former worldwide distribution center, a 220,000-square-foot warehouse in La Mirada owned by Prologis Inc.
Miami-based Spanish Broadcasting System Inc. has sold its Century City office building in a fast-tracked deal that the buyer said was brought about by financial pressures.
The pending closure of 107-year-old Southern California furniture chain Dearden’s is putting its local real estate portfolio into play.
TRANSIT: Station work slated for Golden Triangle
Some local leaders fear subway work in Beverly Hills could bury some businesses.
Downtown’s ArcWest Partners announced Wednesday the firm has acquired a 30,000-square-foot historic office building in Silver Lake.
Subsidiary funds of asset management firms Ares Management and TruAmerica Multifamily announced Tuesday they have acquired a 240-unit apartment building in Avondale, Ariz., in a transaction valued at nearly $31 million.
An L.A.-based private equity firm is being called into court for the allegedly fraudulent sale of a property in Mexico that the buyer says has ties to a drug cartel run by Joaquín “El Chapo” Guzmán.
L.A. city planners on Tuesday released a revised community plan to steer development in Hollywood, more than three years after a judge threw out an earlier plan citing faulty growth assumptions.
Koreatown-based Jamison Properties has sold a stake of its California Market Center, a 1.8 million-square-foot office complex in downtown primarily serving the fashion industry, to Brookfield Asset Management Inc., the companies announced Friday.
Operating a multiple listing service has become a tough sell as rivals flourish online.
SAFETY: Early Warning Labs hopes shakeout from installation raises profile.
Condo tower has opened its doors to Early Warning Labs’ earthquake sensor system.
Bay Club Co. finalized its acquisition of Manhattan Country Club in Manhattan Beach last week for $73 million, the San Francisco company announced Tuesday.
Pacific Oaks Education Corp. has acquired the Pasadena office complex where it leases space for $21.5 million, or $287 a square foot, aiming to keep the site as its permanent home with room to expand.