Ciaran McEvoy

Reporter (Real Estate)

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

Recent Stories

Spotify Moves to 110,000 SF in Arts District

Spotify has signed a lease for nearly 110,000 square feet to house its regional headquarters in the Arts District’s At Mateo development.

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Office Building in Hollywood Sets Record With $4.1 Million Sale

A 4,300-square-foot office building at 6507-6509 De Longpre Ave. in Hollywood has sold for $4.1 million, or about $949 per square foot, in what is believed to be a per-square-footage price record in that office submarket.

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New Projects Raise Rents in Q2 Despite Vacancies

Rents up 13 cents countywide; vacancy at 14.1 percent

Overview of L.A. County’s commercial real estate market.

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Favorable Ruling for Palladium Residences Project

Los Angeles city officials followed state environmental laws when they approved the Palladium Residences, a pair of 30-story, 731-apartment towers near the Hollywood Palladium on Sunset Boulevard, a judge has ruled.

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Harbor Gateway Industrial Property Sells for $21M

CenterPoint Properties, an Oak Brook, Ill.-based real estate investment firm, has purchased a 126,000-square-foot industrial property at 13217 S. Figueroa St. in the Harbor Gateway neighborhood for $21 million, or about $167 per square foot.

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Office Move to Test Tri-Cities

REAL ESTATE: Big vacancy on BofA departure

Speculations on the Pasadena office market once Bank of America exits its building of 45 years.

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Chinatown Hospital Site Sold for $33M

Buyer plans urgent care facility after renovation

Urgent care facility to replace Pacific Alliance Medical Center’s former Chinatown campus.

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Chinatown’s Pacific Alliance Hospital Sold for $33M

Allied Pacific IPA, an Alhambra-based health maintenance organization, has purchased the site of Pacific Alliance Medical Center – a 90,000-square-foot hospital at 531 W. College St. in Chinatown – for $33 million, or nearly $367 per square foot.

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Judge Rules Huntington Park Dispensary Permit Process Unconstitutional

The City of Huntington Park’s application process for its medical marijuana business permits violated constitutional rights by unlawfully restricting applicants petitioning city council members about their applications, a federal judge has ruled.

Citigroup to Exit Citigroup Center; Taking New Lease at One Cal Plaza

Citigroup Inc. is moving out of the Citigroup Center at 444 S. Flower St. in downtown Los Angeles to 29,000 square feet at nearby One California Plaza at 300 S. Grand Ave., according to sources.

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