REAL ESTATE

Retail Therapy

Strong demand for auto dealer, grocery store properties boosts sector

Auto dealerships and grocery-anchored shopping centers drove the top 10 retail real estate sales in Los Angeles County in 2019.

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Real Estate: A hot market figures to stay that way

2020 Year-Ahead Special Report

Local real estate executives and industry observers predict continued growth across asset classes along with evolving tactics for 2020.

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Inception Eyes Senior Care Facility

Developer to build medical, housing at downtown site

Inception Property Group is betting that demand will remain high for health care and senior living facilities.

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Local Developers Shift to Opportunity Zones

Companies change their focus and embrace program

StarPoint Properties, Clearinghouse Community Development Financial Institution and Cityview are among the Southern California-based companies betting on opportunity zone investments in Los Angeles.

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Newegg Sells Warehouse for $39 Million

Ecommerce company signs leaseback deal for property

Electronics retailer Newegg Inc. has sold a nearly 182,000-square-foot warehouse near its City of Industry headquarters for $38.5 million.

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Culver City Office Buildings Sell for $74 Million

Redcar Properties has purchased the Westside Jefferson Business Park in Culver City for $73.5 million.

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Newegg Sells Warehouse for $39 Million

Ecommerce company Newegg signed a leaseback deal for the City of Industry property.

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Montage Beverly Hills Sells for Estimated $415 Million

British company pays record per-room price for Beverly Hills property

The 201-room Montage Beverly Hills hotel has sold for an estimated $415 million.

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Neuman: At the Intersection of Land and Law

Real Estate: Chamber chair looks to help homeless

Jerold “Jerry” Neuman, partner at law firm DLA Piper and chairman of the L.A. Area Chamber of Commerce, discusses the intersection of real estate and law, efforts to reduce homelessness crisis, and new directions at the Chamber of Commerce.

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Rare Condo Ground Lease Sells in Brentwood

Real Estate: HOA buys complex in unusual deal

Ground leases on condo complexes are rare in Los Angeles. This Brentwood property story was unusual from the start of the ground lease to the final sale.

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Fully Entitled Sites See an Increase in Demand

Deals allow buyers to bypass lengthy approval process

Fully entitled sites are in demand because they are already approved for specific projects, giving buyers a leg-up on slow approval processes.

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Atlas Capital Boosts LA Investment

NY developer adds Times plant to downtown portfolio

New York-based Atlas Capital Group, which has been betting big on downtown, has purchased the Los Angeles Times printing plant for $240 million, records show.

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Renovation Plan Set for Tar Pits Site

Natural History Museum chooses Weiss/Manfredi

The La Brea Tar Pits and Page Museum are getting a facelift designed by a New York-based architecture firm.

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Stake Sells in $171 Million Koreatown Project

The sale of an equity stake in a 346-unit complex in Koreatown values the multifamily property at $171 million.

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La Crescenta-Montrose Complex Sells for $35 Million

A 92-unit apartment complex in La Crescenta-Montrose sold for $34.5 million.

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