REAL ESTATE

Rare Office Building in Hermosa Sells

The Bijou Building, a roughly 23,000-square-foot building in Hermosa Beach, has sold for $18 million. It is a three-story mixed-use building with office and retail space.

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GPI Cos. Closes $300 Million Investment

Brentwood-based GPI Cos. received $300 million equity commitment from one of the largest state pension systems.

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Hackman Capital Partners Purchases MBS Group for $650 Million

Hackman Capital Partners expands its studio production footprint with the acquisition of MBS Group from Carlyle Group for $650 million.

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Renowned Malibu Real Estate Agent Joins Real Estate Tech Firm Compass

Chris Cortazzo, ranked No. 2 on the Business Journal's 2018 list of residential real estate agents, joins from Coldwell Banker.

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Tourist-Friendly Hollywood & Highland Retail Center Sold for $320 Million

CIM Group Inc. has sold the 460,000-square-foot retail and entertainment center at Hollywood and Highland in Hollywood.

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SHARED VISION

Coworking companies benefit by catering to specific industries

Coworking specializes to compete.

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Brokers Try Coworking

CBRE, Savills, others add flexible-office operations

Real-estate brokers are trying to get in on the coworking craze.

Home Grower

Cross Campus has the ambition, and it’s seeking the funding to expand through acquisitions in LA and beyond

Locally grown coworking provider Cross Campus plans expansion.

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Space Race

Coworking providers have signed more than 20 leases in LA this year

Coworking companies have signed more than 20 new leases in L.A.

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TOP COWORKING COMPANIES IN LA

TOP COWORKING COMPANIES IN LA

TEAM PLAYER

Tim Lee I Olive Hill Group

Tim Lee of commercial real estate firm Olive Hill Group has coined a new term: “workstyle.”

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Whole Foods Coming to Cumulus West Adams Development

West Adams is getting a Whole Foods. The Amazon.com Inc.-owned grocer has signed a lease for 50,000 square feet at Carmel Partners' Cumulus development.

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Housing Authority Files Plans for 185-Unit Development

L.A.'s Housing Authority has filed plans to demolish a 100-unit affordable housing development and build a 185-unit development in its place.

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Seagrove Property Group Sells Ground Lease at Glendora Commons to Foreign Investor

A leasehold interest in the Glendora Commons has sold for more than $13 million.

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Coliving Club Upstart Raising Funding, Adding Locations

Hollywood-based coliving company Upstart has plans for a handful of additional locations and has begun fundraising for a $15 million Series A round.

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