WEST LOS ANGELES
Name Change: VCA Antech Inc., a West L.A.-based operator of veterinary hospitals, has officially changed its name to VCA Inc. The company said the name change is part of an initiative to reinforce the VCA name and brand.
Property Pickup: Bailey R. Kanin Living Trust has acquired a West L.A. retail building for $11.1 million from Santa Monica’s Zimmerman Development. The 18,572-square-foot property, at 2250 S. Barrington Ave., is fully leased to pet-boarding business Pooch Hotel. The buyer plans to use the building as a leased investment.
Shot in Arm: Apollo Medical Holdings Inc., a Glendale company that provides doctors to hospitals, has acquired AKM Medical Group in Filipinotown. AKM, which represents 16 primary care physicians and 87 contracted specialists, will remain a separate but wholly owned affiliated medical group of Apollo and will retain its name.
Bariatric Accreditation: Huntington Memorial Hospital in Pasadena has been named an accredited comprehensive center for bariatric surgery under the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program. Since 2000, Huntington has conducted thousands of bariatric surgeries, which are performed to alter a patient’s metabolism in the hopes of improving eating habits to lose weight.
Industrial Space: West L.A.’s Rexford Industrial Realty Inc. has acquired a Burbank industrial property for $15.4 million from an undisclosed private ownership group. The two-building, 130,000-square-foot property, at 2980 and 2990 N. San Fernando Blvd., is leased to Senior Aerospace, which manufactures high-pressure air ducts for planes. Senior Aerospace has four years remaining on its lease and has been in the facility for more than 50 years.
Facility Consolidation: Technicolor USA Inc., an Indianapolis production and postproduction services company, has announced that it will consolidate its six L.A.-area digital media facilities into a single Burbank location. The company said about 250 employees will work at its 20,000-square-foot Olive Avenue location, which is being renovated.
Tech Licensing: ImaginAB Inc., a clinical stage biotech company in Inglewood, has executed a technology licensing agreement with UCLA relating to immune cell-targeting agents used in imaging. Under the agreement, ImaginAb gets access to imaging agents that target specific markers of a type of T-cells, helping researchers understand their reaction response to immunotherapeutic drugs in preclinical models.
Medical Acquisition: Whittier’s InterHealth Corp. has purchased a Downey medical building for $11.3 million from Newport Beach’s WRA Property Management Inc. The 56,121-square-foot Brookshire Medical Building, at 11411 Brookshire Ave., was 78 percent leased at the time of sale.
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