Neil Nisperos

Staff Reporter

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

Recent Stories

Creative Office Campus in El Segundo Sells for $117 Million

New York–based Deutsche Asset & Wealth Management has acquired Campus 2100 in El Segundo for $117 million, or about $574 per square foot, according to CoStar Group Inc.

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CDTFA Offering Tax Relief for Businesses Impacted by Fires

The California Department of Tax and Fee Administration is offering tax relief to businesses impacted by the fires in Southern California, according to an announcement from the agency on Friday.

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Miramar Buys Northrop Building for $37 Million

Aerospace firm has two years on lease; deal signals El Segundo ‘momentum’

Santa Monica-based Miramar Capital Advisors has acquired Redondo Beach Business Court, a 124,400-square-foot office building and separate day-care facility for $36.7 million.

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Insurers Manage Year of Moderate Growth

State Farm retains top spot among local offices for property, casualty

List Story: Moderate uptick for property and casualty insurers.

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Times Square Feel for Downtown?

HOTELS: Figueroa to get prominent LED displays

Developers’ bold vision around DTLA’s convention area aligns with city’s push to increase hotel rooms.

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$51 Million in Refinancing for Two L.A. Apartment Buildings

El Segundo mortgage company Venture West Funding Inc. announced Tuesday it arranged nearly $51 million in loans to refinance two newly-constructed apartment buildings totaling 120 units.

Foreign Capital Focused on Class A Prizes

Single-tenant occupancy, long-term lease part of appeal of DreamWorks HQ

Foreign investment into L.A. properties deepened last month with a South Korea-based company’s purchase of the DreamWorks headquarters in Glendale, a deal which seems to shed some light on an increasing trend toward prime assets.

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CIM in Trump Bump Over SoHo Property

Mid-Wilshire-based real estate firm CIM Group Inc. will soon need a new name for its luxury SoHo hotel/condo hybrid in New York, currently called Trump SoHo, now that the company has announced it will buy out the Manhattan-based Trump Organization’s management and licensing contract for the building.

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Canyon Partners Provides $63.5 Million for Portland Condo Project

Century City-based Canyon Partners Real Estate said it provided a $63.5 million loan to an affiliate of Portland-based PHK Development Inc. to finance construction of a seven-story, 162-unit condominium project.

Westchester Apartment Complex Sells for $10.2 Million

Encino-based brokerage Investment Real Estate Associates announced the $10.2 million sale of a 20-unit, non-rent controlled Flight Ave. Apartments.

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