REAL ESTATE
Recent and archived news stories on: Commercial real estate, residential real estate, housing, architecture, engineering, real estate brokers, construction, property development, property management
Arts District Site Sells for $91 Million
Prologis Inc. has purchased an 8.29-acre redevelopment site downtown for $91 million.
South Bay Village Shopping Center Sells for $40 Million
Charing Cross Partners has purchased South Bay Village, a nearly 108,000-square-foot shopping center in Torrance from Regency Centers Corp. for $39.8 million.
Covid Softened Downtown Office Market in 2020
The past year was a difficult one for office space in L.A., particularly in previously booming downtown.
Demand for Medical Office Remains Strong
The future of office space is a big question as companies grapple with whether to make working from home a permanent reality, but experts agree that medical office space will remain in demand.
Beyond Meat Signs Large Lease in El Segundo
El Segundo-based meat substitute company Beyond Meat, Inc. has signed a 12-year lease for roughly 280,000 square feet in El Segundo.
Bainbridge Sets $500 Million Fund to Buy Hotels
At a time when many investors are staying away from hotels and other hospitality properties, West Hollywood-based Bainbridge DXS has announced a $500 million fund to acquire investments and do debt takeovers of hospitality assets.
Development Site Near Culver City Sells for $92 Million
A 3.5-acre mixed-use development site near the border of Culver City has sold for $92 million.
Rexford Buys Industrial Properties for $103 Million
Brentwood-based Rexford Industrial Realty Inc. has acquired an industrial portfolio and an outdoor storage property for $103.1 million.
Public Storage Adds Properties, Board Members
It’s been a busy few weeks for Glendale-based self-storage company Public Storage.
How Industrial Became LA’s Hottest Real Estate Category in 2020
Real estate companies wrapped a big year for industrial sales in L.A.
Partners CRE Closes $200 Million in Commercial Deals
In two short years, Beverly Hills-based Partners CRE has grown dramatically.
Standard Communities Converts Carson Apartments to Workforce Housing
Standard Communities, the affordable housing division of Standard Cos., has created 150 units of workforce housing in Carson through a public-private partnership.
Multifamily Buildings in Central LA Sell for $20 Million
Two multifamily buildings in Central Los Angeles have sold for a total of $20.5 million.
Playa Vista Amazon, Chick-Fil-A Get $168 Million Loan
An Amazon.com Inc. facility and a Chick-Fil-A location in Playa Vista received a $168 million permanent refinance loan.
Continental Development’s Low-Rise Projects Attract High-Profile Tenants
Straddling Manhattan Beach and El Segundo on the Rosecrans Corridor, Continental Park today bills itself as the largest mixed-use office park in Los Angeles County.
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