Reporter (Real Estate)
Real estate reporter Hannah Madans can be reached at firstname.lastname@example.org.
Malibu-based real estate sponsor and manager Christina Development Corp. has closed its Christina Real Estate Investors 4 fund, for which it raised $44.1 million from more than 150 investors.
Brentwood-based Pacshore Partners has purchased a 152,834-square-foot office building in the Burbank Media District for $90.5 million. Granite Properties sold the 10-story building, dubbed 2600 Olive.
Brentwood-based Rexford Industrial Realty Inc. has acquired five industrial properties for $125.9 million and has sold one for $11.7 million.
The office leasing market has rebounded since the start of the Covid-19 pandemic.
Duke Realty has purchased a 3.2-acre distribution facility at 468 S. Humane Way in Pomona, which the company considers to be part of the San Gabriel Valley industrial submarket.
Armata Pharmaceuticals Inc. has leased a new headquarters building at 5005 McConnell Ave. in Del Rey.
An affordable housing complex in Pasadena has sold for $223 million.
Playa Vista-based real estate investment firm DB Capital Management is increasing its attention outside of California, lining up deals in other states where it views the risk as lower.
A 199,860-square-foot historic building in downtown has received a $10.7 million loan to refinance.
A business park on nearly 4 acres in Pomona has sold for $6.8 million.