REAL ESTATE

Nexon America Moving HQ in El Segundo

Video game publisher Nexon America is moving its North American headquarters to the two-story, 49,000-square-foot office building at 621 Hawaii St. in El Segundo after signing a 9-year lease.

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Prologis Picks Up 31.2 Acres in Torrance

Prologis Inc., a San Francisco-based real estate investment trust specializing in industrial properties, has purchased 31.2 acres of land – roughly 1.4 million square feet – at the northeast corner of Del Amo Boulevard and Prairie Avenue in Torrance from PBF Energy of Parsippany, N.J., for $49.3 million, according to CoStar Group Inc.

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StarPoint Properties Buys 12-Story Office Tower in Beverly Hills for $193M

StarPoint Properties, a Beverly Hills-based real estate investment firm, has purchased the 12-story, 207,000-square-foot office tower at 443 N. Camden Drive – the tallest such tower in Beverly Hills – for $193 million, or around $930 per square foot, from Camden Properties Ltd.

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Brooklyn Cos. Buys Mixed Use Building in Koreatown for $11.3M

A brother-and-sister lawyerly duo has launched The Brooklyn Cos., a downtown Los Angeles-based firm billed as a real estate firm serving family offices, which has acquired its first property, a four-story, 54-unit, 45,000-square-foot mixed-use apartment building at 240 S. Western Ave. in Koreatown, for $11.3 million, or roughly $208,000 per unit.

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Japan House Lands at Hollywood & Highland

Development spearheaded by JLL includes gallery, restaurants, event space

Japan House lands at Hollywood & Highland.

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Going Up Throughout L.A. County

Big construction projects total $34.1 billion

Structures and infrastructure projects are expanding across L.A. County.

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MAYNE ATTRACTION

Architect Thom Mayne has helped raise L.A.’s profile as a design leader

L.A.’s Pritzker Prize-winning architect Thom Mayne’s challenging designs.

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Who's Who in Real Estate: Getting Hotter

L.A.’s industrial real estate market is heating up.

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Industrial Gets Sexy

Demand for e-commerce distribution space, cannabis operations help polish sector’s image

The Los Angeles County’s 800-million-square-foot industrial real estate market resembles the ugly duckling from the fairy tale

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Who's Who in Real Estate

Q&As: Some of the top players in local industrial real estate talk deals, state of the market, challenges and what’s next.

Q&As: Some of the top players in local industrial real estate talk deals, state of the market, challenges and what’s next.

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Loews Santa Monica Part of Luxury Hotel Portfolio Reportedly for Sale

Anbang Insurance Group Co. of China reportedly is looking to sell a 15-luxury hotel portfolio it bought for $5.5 billion from New York-based private equity firm Blackstone Group in 2016, which includes Loews Santa Monica Beach Hotel.

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Sterling Organization Buys Westlake Village Mall for $35M

Sterling Organization has purchased North Ranch Gateway, an 86,520-square-foot shopping center in Westlake Village, for $35 million.

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Los Feliz Club Apartments Acquired for $55M

Pacific Urban Residential, a Palo Alto-based multifamily real estate investment firm, has purchased Los Feliz Club Apartments, a four-story, 134-unit, 114,000-square-foot apartment complex at 1800 N. New Hampshire Ave. in Los Feliz, for $55 million, or about $410,000 per unit, according to CoStar Group Inc.

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West Covina Apartment Complex Sells for $74 Million

Benedict Canyon Equities, a Westside-based real estate investment company, has purchased the two-story, 259-unit, 335,000-square-foot Lafayette Parc Apartments at 600-656 S. Glendora Ave. in West Covina for $74 million, or around $286,000 per unit, from Glendora Avenue Properties, a Beverly Hills-based limited-liability company.

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San Dimas Apartment Complex Acquired for $78.5 Million

Korda Group, a Westside-based property management company, has purchased Trails at San Dimas, a two-story, 214,000-square-foot, 288-unit apartment complex at 444-445 N. Amelia Ave. in San Dimas, for $78.5 million, or nearly $272,600 per unit, from real estate firms Stockbridge Capital Group of San Francisco and CNS Focused Investments of Long Beach.

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