Los Angeles Business Journal

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Auto Maker to Race Away From Massive Campus

LISTING: Toyota to hit road for Texas and leave Torrance with 2 million square feet.

Toyota Motor North America Inc. has put its massive Torrance campus on the market, almost three years after announcing plans to relocate its North American headquarters to Texas.

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Pulsing Market

REAL ESTATE: Two medical properties pump up downtown.

A tight market could generate healthy returns for medical office properties.

Mapletree’s Extended Interest Lands Deal For Oakwood Worldwide

Oakwood Worldwide, the extended-stay apartment company based in West L.A., has been acquired by Mapletree Investments Pte Ltd., a real estate investment trust based in Singapore, in an all-cash deal.

Toyota’s Torrance Headquarters Hits the Market

Toyota Motor North America Inc. has just put its massive Torrance campus on the market, several years after announcing plans to relocate its North American headquarters to Texas.

CBRE Buys Capstone Financial Solutions

CBRE Group Inc. has hooked a new company as part of ongoing efforts to enhance its status as a big fish in the world of commercial real estate services.

Monday Properties Targets L.A. in West Coast Expansion

New York-based landlord Monday Properties is, for the first time, looking west. The real estate investment firm is opening an L.A. office and plans to begin targeting acquisitions in Los Angeles and along the West Coast.

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Loyola Marymount Takes First Lease at Playa Vista’s Brickyard Offices

Playa Vista’s newest office building, the Brickyard, recently wrapped up construction, and now it has snagged its first tenant.

Downtown Veterans Aim to Scale Skyscaper

REAL ESTATE: Trio looks to fill Citibank Center offices.

Downtown veterans look to build on legacy by reviving office space at Citibank Center.

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Church Building to Be Born Again as Office Space

REAL ESTATE: Developer has faith in property despite challenges of conversion.

Robert Herscu has laid his hands on a church property with the goal of an office conversion.

Macy’s West L.A. Sale Could Signal Store Closure

REAL ESTATE: Retailer sells $50M building near expanding Century City site.

The recent sale of Macy’s Inc.’s Westside Pavilion location in West Los Angeles has cast doubt on the store’s future as the company progresses with plans to close about 100 retail sites nationwide.

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