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Green Dot Earnings Top Estimates, Revenues Fall Short
Pasadena-based Green Dot Corp. reported fourth-quarter earnings of $1.7 million, beating analyst estimates, even as earnings for the period dropped 75% year over year.
Commercial Real Estate Awards: 2020 Broker Nominees
Custom Content by the Los Angeles Business Journal
Jeff Abraham Newmark Knight Frank
Commercial Real Estate Awards: The Impact of Commercial Real Estate Development and Operations Grows
Custom Content by the Los Angeles Business Journal
The impact of new development and of the ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – has grown to support 9.2 million American jobs and contribute $1.14 trillion to the U.S. GDP in 2019, an increase from 8.3 million jobs and a contribution of $1.0 trillion to GDP in 2018.
Commercial Real Estate Awards: The Future is Bright for Hollywood’s Revitalization
Custom Content by the Los Angeles Business Journal
Founded in Los Angeles in 1987, Bond Companies has been a national pioneer in sustainability and the revitalization of overlooked communities through smart and collaborative development.
CRE Awards 2020: Macfarlane Partners’ Iconic Park Fifth Now Graces the Downtown Los Angeles Skyline
Custom Content by the Los Angeles Business Journal
Park Fifth, adjacent to Trademark which is also developed by MacFarlane Partners, is the newest luxury addition to Downtown Los Angeles.
CRE Awards 2020: CenterCal Properties Brings New Retail, Dining, Wellness, and Services to Premier Long Beach Destination
Custom Content by the Los Angeles Business Journal
2ND & PCH is the Long Beach shopping and lifestyle destination owned and developed by CenterCal Properties, offering an exceptional offering of retailers, and luxury architecture and landscape design.
CRE Awards 2020: Office, Retail, Industrial & Logistics and Other Sectors Likely to Register Gains This Year
Custom Content by the Los Angeles Business Journal
The U.S. economy will continue its long expansion in 2020, supporting the solid fundamentals of the commercial real estate market, according to CBRE’s forecast in its 2020 Real Estate Market Outlook report.
CRE Awards 2020: Forecast Predicts California CRE to Expand in 2022
Custom Content by the Los Angeles Business Journal
The Winter 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that although the economy is predicted to slow in 2020, developers’ views on most California commercial real estate in 2022 are optimistic, and they reflect an eagerness to get in on the ground floor of the next commercial real estate expansionary cycle.
CRE Awards 2020: Best Retail Lease
Custom Content by the Los Angeles Business Journal
CBRE brokers Zachary Card, Erik Krasney, and Brent Howell facilitated 9,500 square feet of retail leases at Ivy Station.
CRE Awards 2020: Best Retail Sale
Custom Content by the Los Angeles Business Journal
The Newmark Knight Frank team’s largest Los Angeles area sale in 2019 was the sale of Plaza Pacoima for $51.3 million.
CRE Awards 2020: Best Office Lease
Custom Content by the Los Angeles Business Journal
CBRE’s Clay Hammerstein and team represented L.A. Care Health Plan in its 370,000-square-foot lease for an office building downtown.
CRE Awards 2020: Best Office Sale
Custom Content by the Los Angeles Business Journal
During a two-year search to find a corporate headquarters for their client, Trevor Nelson and Travis Landrum led an off-market search to approach all of the building owners with appropriate properties for his client on the westside of LA.
CRE Awards 2020: Best Multi-Family Sale
Custom Content by the Los Angeles Business Journal
The Institutional Property Advisors team of brokers made up of Greg Harris, Kevin Green, and Joseph Grabiec achieved what ended up being the best multifamily sale of last year.
CRE Awards 2020: Best Medical Lease
Custom Content by the Los Angeles Business Journal
CBRE’s Angie Weber and Dana Nialis facilitated the 11,212-square-foot medical lease at 2100 W. 3rd St. in Los Angeles, known as Third Street Medical Center.
CRE Awards 2020: Best Medical Sale
Custom Content by the Los Angeles Business Journal
CBRE’s Angie Weber and Dana Nialis helped facilitate the $85 million sale of Third Street Medical Center, a 147,000-square-foot medical office building, located at 2100 West 3rd Street in Los Angeles.
CRE Awards 2020: Best Land Sale
Custom Content by the Los Angeles Business Journal
CBRE’s Laurie Lustig-Bower and Kadie Presley Wilson arranged the sale of a development site at the intersection of Santa Monica Blvd. and Federal Ave. in West Los Angeles to Jamison Properties for $16 million.
CUSTOM CONTENT: Uribe Joins Infogen Labs as Special Advisor
Dr. Betty will help drive innovation!
Dr. Uribe — a member of the Business Journal’s LA500 as one of the most influential people in the Los Angeles business community — will serve as a special advisor to Infogen Labs and plans to focus on her burgeoning Dr. Betty brand, which spans speaking engagements, consulting and philanthropic work.
BYD Delivers First Buses as Part of Anaheim Order
BYD Motors Inc., a downtown-based electric vehicle maker, delivered to Anaheim the first two electric buses of a previously announced 40-bus order, BYD announced Feb. 24.
CRE Awards 2020: Best Industrial Lease
Custom Content by the Los Angeles Business Journal
The JLL team of Ruben Goodsell, Mike McCrary and Peter McWilliams represented Prudential Real Estate and Panattoni Development Company on a 10-year lease of a 1,264,102 square foot property in Rialto to XPO Logistics, one of the largest third party logistics companies in the world.
CRE Awards 2020: Best Industrial Sale
Custom Content by the Los Angeles Business Journal
In June 2019, Bret Hardy, Jim Linn and Kevin Shannon, in conjunction with the Newmark local leasing professional, completed the $230 million sale of a 90-acre industrial manufacturing plant located at 2400-2401 East Wardlow Road in Long Beach.
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