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The L.A. office market saw a solid third quarter, with the vacancy rate narrowing to 14.8 percent from 16.2 percent in the same period last year, according to data from Jones Lang LaSalle.October 14, 2016 midnight Share
The Brentwood Town Center is getting a shake-up. The compact retail center next to the Brentwood Country Mart recently signed five new leases worth more than $8 million, said Dan Blatteis, co-chairman at property owner Blatteis & Schnur Inc.
Netflix Inc. has signed a 10-year lease for soundstages and production offices at Sunset Bronson Studios, property owner Hudson Pacific Properties said in a news release.
Carnival Cruise Line has signed an agreement to more than double the size of its Long Beach terminal to accommodate larger ships.
Construction has begun on a new 271-room luxury hotel and retail complex on Wilshire Boulevard and 7th Street in Santa Monica, according to the Kor Group, the real estate investment and management group developing the property.
Legal victory by Los Angeles County could shut door on property owners avoiding payment of transfer taxes – as well as dodging reassessments – by using holding companies, trusts as ownership vehicles
Legal win by Los Angeles County regarding the ownership transfer in a multifamily sale could open the door to more property reassessments.
Five new industrial buildings totaling 501,270 square feet are now in the market in El Monte, giving the San Gabriel Valley city its first new industrial sites in about eight years.
Warner Music Group Corp. signed a long-term lease for the full Ford Factory in downtown’s Arts District, the company reported in a Securities and Exchange Commission filing on Friday.
Restrictions push Chinese investors away from higher-price single-family residences to condos
Condo projects could get a boost as Chinese investors move away from costlier single-family homes.
Tribune Media is aiming to build a 30-story condominium tower next to the Los Angeles Times building in downtown.
The former Spruce Goose hangar in Playa Vista is up for sale, along with the opportunity to claim Google Inc. as a tenant just as the technology giant is planning to expand its office space within the massive wooden shell designed by aviator Howard Hughes.
ACQUISITION: Deal grows KLM’s landlord presence at Third Street Promenade.
The sleek storefront that is home to Tesla Motors Inc.’s showroom on Santa Monica’s Third Street Promenade has sold for about $15.6 million, or roughly $5,200 a square foot, to the same company that purchased the Promenade’s Apple store in 2014.
Two Inglewood apartments sold this month to an investor planning to renovate the units and lift rents as part of a plan to capitalize on the city’s appeal to residents priced out of neighboring Westside markets.
Tesla Motors’ sleek storefront on Santa Monica’s Third Street Promenade has sold for about $15.6 million, or roughly $5,200 a square foot.
Tribune Media Co. finalized its sale of the Los Angeles Times building to Onni Group on Monday for at least $105 million.