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

CenterPoint Buys Carson Industrial Asset for $143M

Oak Brook, Ill.-based CenterPoint Properties has purchased an industrial asset in Carson for $143 million, records show.

Lendistry Partners With Destination Crenshaw on Targeted Financial Services

Destination Crenshaw broke ground February 29, 2020 — just three weeks before Gov. Gavin Newsom issued the state’s first stay-at-home order in response to the pandemic.

Long Beach Exchange Sells for $158M

LBX, from Burnham-Ward Properties for $158 million. Eastdil Secured brokered the deal.

Hettema Group Designs Unique Experiences

The Hettema Group, also known as THG, has created a reputation for being able to build anything you can imagine.

Adidas Signs Lease at California Market Center

Brookfield Office Properties Inc., one of the largest landlords in downtown, has signed Adidas to be the California Market Center’s anchor office tenant.

CIM Buys 117-Unit Inglewood Apartment Building

CIM Group, a developer based in Mid-Wilshire, has acquired a newly built apartment building in Inglewood for $52.2 million.

Pasaca Capital Signs Office Lease in Pasadena

Private investment company Pasaca Capital has signed a lease for 26,184 square feet at Pasadena Towers in Pasadena.

Virtual Tours, Competitive Housing Market Make Home Staging ‘Crucial’

Meridith Baer, a well-known home staging expert who has staged homes for many A-list celebrities, has seen her business grow more than expected.

West Coast Data Hub One Wilshire Gets $389M Loan

One Wilshire, a data center in downtown, has received a $389 million refinancing loan.

Glendale Retail Center Sells for $64M

The 154,049-square-foot Glendale Market-place has sold for $64.1 million.

San Gabriel Valley Multifamily Portfolio Sells for $68M

A multifamily portfolio with 274 units in the San Gabriel Valley has sold for $68 million.

Tishman Speyer Acquires Santa Monica Development Site

New York-based Tishman Speyer has acquired the Santa Monica Collection for an undisclosed sum with plans for a large mixed-use project at the site.

Mixed-Use Highland Park Building Sells for $29M

A mixed-use asset with 59 luxury residences and 2,646 square feet of retail space on the border of Eagle Rock and Highland Park has sold for $28.7 million.