LABJ WEEKLY EDITION

Data Gauging Tech Cities Open to Interpretation

REPORT: Impact of sector can be affected by range of factors in home markets.

Cushman & Wakefield’s recent Tech Cities 1.0 report is aptly titled – it’s an iterative effort, as the phraseology goes these days.

City of L.A. Considers Syncing Up Tax Deadlines

LEVIES: Councilman hopes to ease payment process by rescheduling date to April.

Los Angeles City Councilman Mitch Englander this month introduced a motion to lay the groundwork for synchronizing the payment of business taxes with federal and state taxes.

Speedy Century City Office Deal Delivers Discount

SALE: Investment partners get 33,000 square feet in tight market for $14.7 million.

Time was money in a rare case of distress in Century City’s robust office market.

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Capital Idea on Pacific Rim?

Los Angeles is well-positioned to steer the future of the Pacific Rim.

Subway Might Deliver Beverly Hills 9021 Uh-Oh!

TRANSIT: Station work slated for Golden Triangle

Some local leaders fear subway work in Beverly Hills could bury some businesses.

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Benching Over For NBA Agent

SPORTS: Dan Fegan looks to score deals amid ex-firm feud.

Basketball agent Dan Fegan and his former firm, ISE, are feuding.

Tech Homes In On Broker Fees

REAL ESTATE: Ventures aim to put squeeze on high costs.

Tech ventures such as Open Listings look to shut the door on steep home-sale commissions.

Business Journal Leadership Change

Matt Toledo exiting as publisher-CEO; ad vet Anna Magzanyan to take over publisher position.

Business Journal Publisher-CEO Matt Toledo is stepping down and handing the reins to Anna Magzanyan.

Boot Maker’s Shop Rides Heroes’ Capes

Duran’s Dance Shoes has leg up with comic-book fans willing to pay to top off their costumes.

Duran’s Dance Shoes’ leather boots are a hit with superhero fans looking to punch up their costumes.

PAGE 3: Gary and Gehry

This bit of buzz about the 73-story Wilshire Grand in advance of its opening Friday comes by way of fearless photog Gary Leonard, who bumped into Frank Gehry during a recent Bergamot Station opener for an exhibit by legendary L.A. abstract artist Ed Moses, who’s the father of downtown pub impresario Cedd Moses, by the way

Hollywood Plan Rewrite

DEVELOPMENT: Latest proposal would add tools to bolster preservation efforts.

New Hollywood Community Plan spotlights preservation of single-family-home neighborhoods.

Inglewood OKs Arena Talks

SPORTS: Clippers owner Steve Ballmer eyes new venue for team by 2024.

Inglewood council signs off on a proposed arena to house the Los Angeles Clippers.

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Baby Food Company Gobbles Up $4.1 Million in Venture Funding

Organic baby-food startup Caer Inc., which does business as Yumi, announced a $4.1 million seed round last week, taking money from a mix of angel investors and venture capital outfits.

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New Chief Sets Sail at Port

Mario Cordero aims to buoy Long Beach port’s growth efforts

Newly appointed Port of Long Beach Executive Director Mario Cordero spent time with the Business Journal to discuss the outlook for one of the region’s biggest economic drivers.

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Honda Paces Field of Foreign-Owned Companies

HEADQUARTERS: Pending exit of Toyota shakes up list of businesses in L.A. County.

American Honda Motor has homed in on the top spot of foreign firms with U.S. bases in L.A. County.

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Brand Licensors See Clothing Maker as Good Fit

FASHION: Two suitors eye BCBG Max Azria Group’s assets including store leases.

Don’t write off BCBG Max Azria Group yet.

New Hires to Cover Both Sides of Private Equity

EMPLOYMENT: Adam Feit, Matthew Dalany to bolster Union Bank’s sector efforts.

It seems like a new private equity shop rears its head in Los Angeles every week, and the banks have noticed.

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California Market Center Opens Door to Investor

SALE: Brookfield acquires hefty stake from Jamison in deal valued at $220 million.

Koreatown-based Jamison Properties’ recent deal to sell a significant stake of its California Market Center to New York-based Brookfield Asset Management Inc. has brought a forward focus to the 1.8 million-square-foot campus in downtown’s Fashion District.

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Inglewood No Guaranteed Balm for Ballmer

The Los Angeles Clippers could be joining the Rams and Chargers on the bandwagon to Inglewood.

Lon Morton’s Legacy

Valley investment management firm moves on after founder’s death.

Entertainment Takes Lead Role in CEO Pay

COMPENSATION: Disney’s Robert Iger at top despite dip.

The entertainment sector made a big production out of exec pay last year, with Disney’s Robert Iger and Activision’s Robert Kotick leading the CEO list.

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