Bethany covers the real estate industry.
West L.A. real estate company Kilroy Realty Corp. said today that NeueHouse, New York’s stylish members-only coworking space, signed a 15-year lease for 93,000 square feet at Columbia Square, a $400 million mixed-use project in Hollywood on the site of a former CBS broadcast studio.
REAL ESTATE: Continental Tower goes for $98 million in most recent deal.
Desire takes off for headquarters properties near airport.
ACQUiSITION: $65 million for Figueroa could be per- room record for downtown.
The Figueroa Hotel, an eclectic tourist haven that has been a fixture in downtown Los Angeles since the late 1920s, has been sold for $65 million, according to sources with knowledge of the deal.
Five years ago, Mother Co. founder and Chief Executive Abbie Schiller, 42, and her family decided to move in with her parents at her childhood home in Pacific Palisades to keep her then-fledgling children’s entertainment startup above water.
Interest builds in industrial properties willing to share room with office space.
Tenants, buyers have few options as lack of land limits projects to ease tight market.
Dearth of developable land grounds L.A.’s industrial market as rents soar.
After post-college graduation break, Jeff Hyland found his niche as broker of L.A.’s biggest estates.
Broker Jeff Hyland has made a home for himself in L.A.’s high-end residential brokerage industry.
LEASE: Universal renews for 10 years in transaction valued at $100 million.
Universal Music Group, the largest music company in the world, has committed to keep its global headquarters in Santa Monica.
SALE: Palazzo deal latest fallout from developer’s split with ex-partner Cerberus.
Beverly Hills developer Alan Casden, who in recent years has struggled to hold on to a diminishing real estate portfolio, has sold one of his most prized remaining properties.
ASB Real Estate Investments said today that it had sold Latitude 34, a prominent but vacant Playa Vista 300,000-square-foot office complex, for $132.7 million.