Entertainment marketing agency Trailer Park again has expanded its Hollywood foothold, announcing a lease for nearly 103,000 square feet of office space at 6922 Hollywood Blvd, property owner Hudson Pacific Properties Inc. announced.
A Los Angeles developer was charged Friday with illegally funneling tens of thousands of dollars to eight local politicians while trying to obtain a zone change in order to build a $72 million apartment building in Harbor Gateway.
Trend of increases holds up countywide, gains steam on periphery
Taking a look at the L.A. area’s highest- and lowest-rent neighborhoods.
L.A. tech workers face heavy mortgage costs for properties close to offices
Report: L.A. housing costs take hefty chunks out of Silicon Beach engineers’ hefty salaries.
In a bid to tackle homelessness, the Los Angeles City Council announced on Feb. 21 that it had created a city-wide initiative to create a minimum of 3,300 supportive housing units.
Downtown developer Tom Gilmore has been named new board chair for the Central City Association, the downtown business group announced Feb. 21.
Newport Beach-based real estate investment firm Bixby Land Co. has sold for $17.5 million – or more than $163 per square foot – a 107,000-square-foot industrial property at 16200 Trojan Way in La Mirada, according to CBRE Group Inc.
A Morgan Stanley fund has paid $51 million – or more than $178 a square foot – to purchase a more than 286,000-square-foot industrial property in the City of Industry from a Charles Dunn Equities limited-liability company, according to CoStar Group.
Digital advertising company TubeScience; furniture dealership Systems Source; and market researcher H&M Innovation Labs, have taken space at The CalEdison Building in downtown Los Angeles.
Maguire Investments and San Francisco-based DivcoWest have sold the 260,000-square-foot Water’s Edge campus at 5510-5570 Lincoln Blvd. in Playa Vista for $190 million, or more than $656 per square foot, to Wedge Office, a limited liability company, according to CoStar Group Inc.
Century City-based real estate investment firm Magellan Group Inc. has sold two Commerce properties – one an industrial space and the other a self-storage facility – for a total of $77.6 million.
The Federal Public Defender in downtown is getting a new landlord.
Stun takes its content studio business west to Culver City.
Bell Partners Inc. has purchased a five-story, 264-unit, 210,000-square-foot apartment complex at 11622 Aviation Blvd in Inglewood for $123 million from San Diego-based Fairfield Residential, according to CoStar Group Inc.
New York’s CitizenM Hotels has purchased a 20,000-square-foot parking lot at the northwest corner of Spring and 4th streets in downtown for $13.5 million, or $675 a square foot, from Pasadena-based System Property Development Co. Inc. in an all-cash transaction, according to CoStar Group Inc.