Spotify has signed a lease for nearly 110,000 square feet to house its regional headquarters in the Arts District’s At Mateo development.
A 4,300-square-foot office building at 6507-6509 De Longpre Ave. in Hollywood has sold for $4.1 million, or about $949 per square foot, in what is believed to be a per-square-footage price record in that office submarket.
Los Angeles city officials followed state environmental laws when they approved the Palladium Residences, a pair of 30-story, 731-apartment towers near the Hollywood Palladium on Sunset Boulevard, a judge has ruled.
CenterPoint Properties, an Oak Brook, Ill.-based real estate investment firm, has purchased a 126,000-square-foot industrial property at 13217 S. Figueroa St. in the Harbor Gateway neighborhood for $21 million, or about $167 per square foot.
Allied Pacific IPA, an Alhambra-based health maintenance organization, has purchased the site of Pacific Alliance Medical Center – a 90,000-square-foot hospital at 531 W. College St. in Chinatown – for $33 million, or nearly $367 per square foot.
Citigroup Inc. is moving out of the Citigroup Center at 444 S. Flower St. in downtown Los Angeles to 29,000 square feet at nearby One California Plaza at 300 S. Grand Ave., according to sources.
El Segundo-based Beyond Meat Inc., producers of plant-based meat substitute products is expanding its manufacturing footprint threefold, the company announced June 29.
The Los Angeles City Council has approved the Baldwin Hills Crenshaw Plaza overhaul, which would include a new hotel, a 10-story office tower, more than 900 units of housing as well as outdoor ground-level retail.
Bellami Hair, a major supplier of hair extensions, is moving its headquarters from Simi Valley to El Segundo, where it will sublease 23,000 square feet of space on the PCT campus at 222 N. Sepulveda Blvd.
The law firm of Elkins Kalt Weintraub Reuben Gartside is the buyer of Bebe Stores Inc.’s design studio at 10345 W. Olympic Blvd in Century City.
Beverly Hills-based Cambra Realty has purchased a three-story, 50,000-square-foot office building at 10301 W. Pico Blvd. near Century City for $29 million from the limited partnership Papazian-Hirsch Pico, sources said.
Anworth Mortgage Asset Corp., a Santa Monica-based real estate investment trust, announced that Joseph McAdams will become company’s chief executive effective Sept. 30.
Cushman & Wakefield has filed paperwork with the Securities and Exchange Commission for its proposed initial public offering, the commercial real estate brokerage announced.
Advertising and graphic design studio Williams Corsi & Associates will move in September to 12,000 square feet at Row DTLA, located at 777 S. Alameda St. in downtown Los Angeles, after signing a 5-year lease.
CBRE Group Inc., RXR Realty and Cushman & Wakefield are investors in MetaProp
New York-based real estate venture capital firm MetaProp has launched a $40 million fund that has attracted CBRE Group Inc., RXR Realty and Cushman & Wakefield.