LABJ SPECIAL REPORTS
Buyers Find Downtown Attractive Even as High Vacancies Persist
REAL ESTATE QUARTERLY: Downtown L.A.
The downtown L.A. vacancy rate inched modestly higher in the third quarter, reaching 18.4 percent, while at the same time asking rents rebounded to $3.22 a foot, according to research compiled by Jones Lang LaSalle Inc.
Rents Rise in Hollywood as ‘Good Stuff’ Attracts Premium Prices
REAL ESTATE QUARTERLY: Hollywood
Office vacancies in Hollywood climbed slightly, up to 15.4 percent in the third quarter from 14.2 percent the prior period, and a full 5 points higher than the same period a year earlier. More than 25,000 square feet came back onto the 2.3 million-square-foot market in the quarter, according to data from Jones Lang LaSalle Inc.
Santa Monica Continues to Command Top Dollar in Sales, Leases
REAL ESTATE QUARTERLY: Westside
One of the Westside’s trophy properties hogged the spotlight in the third quarter. The 97 percent-leased Lantana Entertainment Media Campus, at Olympic and Exposition boulevards in Santa Monica, traded for a whopping $328.4 million in July.
Vacancies Dip, Absorption Rises As Departure of Farmers Looms
REAL ESTATE QUARTERLY: Wilshire Corridor
Miracle Mile usually leads the news out of Wilshire Corridor, which stretches from Beverly Hills to downtown Los Angeles, but it was the less swanky Park Mile and Wilshire Center to the east that made headlines in the third quarter.
Industrial Market Tightens Further, Driving Asking Rents Higher
REAL ESTATE QUARTERLY: San Gabriel Valley
The vacancy rate dropped by 8 basis points in the San Gabriel Valley industrial market in the third quarter, driving average asking rents up from 42 cents to 45 cents.
Top-Tier Space Taken, Rental Rates Continue Roller Coaster Ride
REAL ESTATE QUARTERLY: Santa Clarita Valley
Average asking rates for office space in Santa Clarita continued to yo-yo like the SlingShot ride at Magic Mountain in the third quarter.
Balance Struck in Sales and Leasing Activity Throughout Tri-Cities
REAL ESTATE QUARTERLY: Tri-Cities
Slow and steady growth characterized the Tri-Cities real estate market in the third quarter, but increased activity might be on the near horizon.
August Pause Does Little to Slow Momentum Coming From Ports
REAL ESTATE QUARTERLY: South Bay
The South Bay industrial market remained tight in the third quarter as improved port activity continued to lift the market.
To the Rescue
Banking & Finance Quarterly
When Broadway Federal Bank ran into trouble, Asian-American financial institutions buoyed L.A.’s oldest and only black-owned lender.
Required to Do Good While Managing Risks
Banking & Finance Quarterly
Lenders bank on a variety of ways to satisfy the Community Reinvestment Act’s requirement to support poor communities.
Spinning Into Gold
Special Report: Innovation / Tech Transfer
From a security software maker to the developer of an implantable spinal cord neuromodulator, the Business Journal highlights seven spun-out ventures looking to ride the lab coattails of USC, UCLA and Caltech
ARMORWAY INC.
Special Report: Innovation / Tech Transfer:
Armor software uses analytics to plan security resource allocation to mitigate risk at optimum cost.
L-NUTRA
Special Report: Innovation / Tech Transfer
L-Nutra is developing medicinal food for cancer treatment and anti-aging uses.
IMAGINAB INC.
Special Report: Innovation / Tech Transfer
ImaginAb is developing new ways of imaging metastatic prostate, pancreatic and ovarian cancers that aim to give the oncologist a better handle on the extent of disease to improve treatment decisions.
ARMAGEN TECHNOLOGIES INC.
Special Report: Innovation / Tech Transfer
Armagen Technologies is developing enzyme replacement therapies for Hurler and Hunter syndromes, two rare diseases.
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