Ciaran McEvoy

Reporter (Real Estate)

Email: cmcevoy@labusinessjournal.com
Phone: 323-549-5225 Extension: 237

Recent Stories

Ron Howard, Brian Grazer Incubator Opens at WeWork’s PDC Location

WeWork Cos. Inc. has struck a deal with film director Ron Howard and movie and television producer Brian Grazer, to house their incubator Imagine Impact at its West Hollywood location at the Pacific Design Center’s Red Building at 750 N. San Vicente Blvd.

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Billie Jean King Takes Minority Stake in L.A. Dodgers

Tennis legend Billie Jean King and her life partner, former tennis professional Ilana Kloss, will be officially announced as minority owners of the Los Angeles Dodgers on Sept. 21.

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Duke Realty Buys 25.5-Acre Industrial Parcel in Irwindale

Duke Realty Corp., an Indianapolis-based real estate investment company, has purchased a 25.5-acre lot at 13131 Los Angeles St. in Irwindale from a private seller for an undisclosed amount, downtown Los Angeles-based commercial real estate brokerage firm CBRE Group Inc. announced.

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Giovanni Cosmetics, Evox Productions Renew Leases in Compton, Rancho Dominguez

The Compton area is keeping two of its business tenants, each of whom renewed leases for their corporate headquarters.

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Aegon Gets $23M for Pasadena Retail

Aegon USA Realty Advisors, a Cedar Rapids, Iowa-based limited liability company, has sold the two-story, 39,000-square-foot Walgreens building at 310 S. Lake Ave.

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Will Loews Santa Monica Top $500M?

Recent deals in luxury segment of region’s hotel industry suggest as much

China’s Anbang Insurance Group could fetch $500 million or more for Loews Santa Monica Beach Hotel.

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Social Impact Principal: Microloan Market Makes Niche for Fintech Co.

Banking & Finance Quarterly

Meet Shivani Siroya, founder of Santa Monica-based fintech-driven microlender Tala. The company has an eye on winning customers among some of the world’s nearly 2 billion people who don’t have access to banking services, a statistic reported by Paris-based think tank Convergences.

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Tishman Speyer Putting 1 Million S.F. Wilshire Courtyard on the Market

Tishman Speyer, a New York-based real estate investment firm, will soon put up for sale Wilshire Courtyard, a two-building, 1 million-square-foot office campus located at 5700-5750 Wilshire Blvd. on the Miracle Mile.

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Huntington Park Shopping Center Acquired for $23.8 Million

Sterling Organization, a Palm Beach, Fla.-based private equity group, has purchased Margarita Plaza, a 77,000-square-foot shopping center located at 6900-7100 S. Santa Fe Ave. in Huntington Park, for $23.8 million, or $309 per square foot, in an off-market transaction with Rubenstein Capital, an Oakland-based real estate investment company.

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Private Investor Pays $23M for Two-Story Commercial Space in Pasadena

Aegon USA Realty Advisors, a Cedar Rapids, Iowa-based limited liability company, has sold the two-story, 39,000-square-foot Walgreens building at 310 S. Lake Ave. in Pasadena for $23 million, or about $585 per square foot, with a 4.9 percent cap rate, to a private investor in Beverly Hills.

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