Los Angeles Business Journal

Recent Stories

Office Rents Inch Up as Vacancy Rates Tighten

Los Angeles County is skipping into the new year with office vacancies sliding down and rents creeping up.

Hotel Venture Parcel-ed Out?

Hotelier hopes to book deal for a neighboring property to his Beverly Hills project.

Gores Group Launches Blank Check Company in $400 Million IPO

Gores Group has completed the spinoff of its second blank check company, raising $400 million in the initial public offering for Gores Holdings II. The offering created 40 million shares priced at $10 each, according to a statement released Tuesday.

Inglewood Stadium Will Double Down on NFL

FOOTBALL: Rams will get roommate as San Diego’s Chargers opt to relocate.

Inglewood’s future stadium will tackle another team as the San Diego Chargers choose to relocate.

Investor Circles Parking Places

REAL ESTATE: Stockdale sees sites as lots of money

Stockdale Capital Partners sees lots of investment opportunities in parking properties

Property Buyer Makes Inroads on Sunset Strip

ACQUISITION: Kilroy pays $210 million for group of retail, office buildings.

Kilroy Realty Corp. has plunged into the fray on the Sunset Strip with a multimillion-dollar acquisition: a 179,000-square-foot mixed-used development it bought for $210 million.

Chargers Seal Deal on Move to Los Angeles

After numerous failed attempts to land a new stadium in their longtime San Diego home, the Chargers have decided to flee the coop and move to Los Angeles.

Tease photo

George Lucas Selects Los Angeles for Museum of Narrative Art

Los Angeles has won the battle to become home to filmmaker George Lucas’s $1 billion art museum.

Netflix Nabs New Space in Hollywood

Netflix Inc. just put another spotlight on its Hollywood real estate romance. The video streaming company has signed a deal for the full five floors at Cue office building, bringing its total Hollywood footprint to more than 500,000 square feet.

Pasadena Development Site Sells for $16.6 Million

Pasadena has again proved itself a prime target for multifamily developers. A 1.27-acre site on South Lake Avenue near Caltech sold last month for $16.55 million, said listing broker Laurie Lustig-Bower, an executive vice president at CBRE, who fielded offers from nearly 20 prospective buyers over just a couple of months.

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