Sales across most real estate asset types slowed during the second quarter, but developers and brokers said one area remained enticing.
Two iconic hotels are shifting their focus.
Captiva Partners, Avalon Investment Co. and a private investor purchased two warehouses totaling 189,000 square feet in Atwater Village for $38 million, records show.
A wholesale auto parts distribution company has signed a lease for roughly 132,000 square feet in an industrial building in the City of Industry.
When it comes to interest and activity, the Covid-19 pandemic has pushed one real estate asset type above the rest: industrial.
L.A.’s previously strong office market was hit hard in the second quarter, but it isn’t necessarily apparent in the numbers.
Ecommerce boosts industrial, long-term leases keep the office sector afloat, interest increases in 1031 exchanges — these trends and detailed submarket data are featured in the Q2 2020 Real Estate Quarterly special report.
Submarket Data Summary
Quarterly highlights from every submarket of L.A. County in the Real Estate Quarterly Special Report.
TICs are a form of co-ownership. Although the concept isn’t new, its popularity is on the rise.
Downtown’s iconic U.S. Bank Tower has a buyer.
West L.A.-based BH Properties has launched a debtor-in-possession initiative, setting aside $200 million in initial funding.
Cerritos Center Court, a 171,000-square-foot Class A office building in Cerritos, has sold for $44 million.
BLT Enterprises shows no signs of slowing, even as the pandemic brings uncertainty to the real estate market.
Brentwood-based Lowe and Related Fund Management, the investment management affiliate of Related Cos. have formed a joint venture to start construction on a 113,000-square-foot office building in the Arts District.
Financing has closed and construction has begun on the fourth phase of affordable housing at the $180 million Taylor Yard Village redevelopment near the Los Angeles River in Glassell Park.