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CBRE Group Inc. announced Tuesday it had acquired PKF Consulting Inc.’s Canadian operations, known as PKF Canada, for an undisclosed sum.
Cain Hoy Enterprises, a Greenwich, Conn., private investment firm, shelled out $130 million for the 118,400-square-foot Class A office building at 100 N. Crescent Drive. The seller, New York’s Clarion Partners, purchased the building in 2012 for $80 million, a 63 percent return in three years.
Cal State Los Angeles is opening a campus in downtown Los Angeles, having signed a 10-year lease late last month for 21,000 square feet at 801 S. Grand Ave. in the Financial District.
Karney Management Co., a Brentwood firm run by Aliza Karney Guren and her sister, Susanna Karney Flaster, has set its sights on Culver City.
Chinese e-commerce giant Alibaba Group is coming to Los Angeles.
Legacy Partners has expanded its presence in Southern California with the purchase of a 31-acre apartment complex on the Marina del Rey waterfront.
Laurus Corp. has acquired the Promenade at Howard Hughes Center, a retail hub located along the 405 freeway at Center Drive, from Irvine investment firm Passco Cos. for $111 million.
A subsidiary of Tutor Perini Corp. has won a construction management contract for a confidential research facility in California.
DoubleLine Capital, an investment management firm headed by billionaire Jeffrey Gundlach, is expanding its headquarters in downtown L.A.’s Wells Fargo Center.
Santa Monica investment, management and development firm Montana Avenue Capital Partners plans to turn a 50,000-square-foot Class C industrial building it purchased in Redondo Beach into creative office space.
L.A. hospitality giant SBE Entertainment Group, looking to push forward in a new direction in the wake of Sam Nazarian’s return as chief executive, is now in the business of flipping high-end residential real estate properties.
Miyamoto International Inc., a Sacramento global structural engineering firm, will move into downtown L.A.’s Aon Center skyscraper.
Pasadena is heating up. In the latest deal to hit the market, Zurich Alternative Asset Management last week sold its office building at 350 W. Colorado Blvd. for $34 million to an unnamed investment group. That deal, at $385 a square foot, was well above the average of $293 a foot paid last year in the submarket.
That didn’t take long. The partnership of Goldstein Plating Investments and Atlas Capital Group has flipped the Coca-Cola manufacturing plant at 963 E. Fourth St. in downtown L.A.’s Arts District it acquired a little more than a year ago.
Century City engineering and construction giant Aecom is close to signing a lease for more than 110,000 square feet at One California Plaza.