REAL ESTATE

Montana Avenue Capital Partners Acquires Burbank Media Campus for $24 Million

The six-building media campus at 2435-2449 N. Naomi St. has 60,177 square feet of space.

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Burbank Apartment Development Gets $199 Million Loan

The development, at 777 N. Front St., will have 573 apartment units, 69 of which will be affordable units.

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Sale-Leasebacks Poised to Continue Growth Trend in LA

Companies that own their own industrial real estate are seizing a lucrative opportunity: Sell your real estate under a sale-leaseback agreement and get an influx of cash to grow the business while remaining at that same property.

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Self-storage Company Stuf Expands to LA With Two Area Locations

New York-based self-storage company Stuuf Inc., better known as Stuf, has made its L.A. debut with plans to expand in the region.

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CVS-Anchored Property in Duarte Sells for $12 Million

A CVS Pharmacy Inc.-anchored property in Duarte sold for $12 million. The site is 19,497 square feet and sits on roughly 2 acres.

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Hatchspaces, NexCore Joint Venture Plans Life Sciences Project in West LA

A joint venture between Sawtelle-based Hatchspaces and Denver-based NexCore Group has acquired a development site in West L.A.

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Cityview, Clarion Partners Purchase Burbank’s Empire Landing for $161 Million

It has 41 three-story townhomes with two-car garages.

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Arcadia Property Sells for $39 Million

The 38-unit property was built in 2019 and has 17,000 square feet of ground-level retail space.

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Culver City Office Building Sells for $56 Million

The 111,384 square-foot office property is located at 3000 S. Robertson Blvd.

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BH Properties Sees Rapid Growth With Creative Real Estate Investments

Sawtelle-based BH Properties has grown rapidly since it was founded in 1994.

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Chargers Unveil Plans for New Headquarters in El Segundo

The Los Angeles Chargers have announced plans to build a new headquarters and practice facility in El Segundo at a cost of more than $100 million.

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CIM Group Signs Lease With HBO, Purchases Office Campus Outside London

Mid-Wilshire-based CIM Group had a busy end to October, signing a large lease locally and making its first acquisition in the United Kingdom.

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Online Marketplace RealReal Expands in Santa Monica

Luxury resale online marketplace operator RealReal Inc. has signed a lease for a new storefront in Santa Monica. The store is expected to open Nov. 19.

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Vivo Expands to Torrance With Recent Hotel Acquisition

El Segundo-based Vivo Investment Group, which does business as Vivo Living, converts hotel rooms into apartments.

L.A. Rising: Hollywood Real Estate Sees Slate of Mega Projects

The mixed-use project will have 903 residential units, including 770 market-rate units and 133 affordable units for seniors.

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