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.
2020 Year-Ahead Special Report
Local real estate executives and industry observers predict continued growth across asset classes along with evolving tactics for 2020.
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.
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.
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.
Redcar Properties has purchased the Westside Jefferson Business Park in Culver City for $73.5 million.
Ecommerce company Newegg signed a leaseback deal for the City of Industry property.
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.
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.
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.
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.
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.
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.
The sale of an equity stake in a 346-unit complex in Koreatown values the multifamily property at $171 million.
A 92-unit apartment complex in La Crescenta-Montrose sold for $34.5 million.