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Hannah Madans

Stories by Hannah

Demand for Medical Office Remains Strong

The future of office space is a big question as companies grapple with whether to make working from home a permanent reality, but experts agree that medical office space will remain in demand.

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Arts District Site Sells for $91 Million

Prologis Inc. has purchased an 8.29-acre redevelopment site downtown for $91 million.

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Covid Softened Downtown Office Market in 2020

The past year was a difficult one for office space in L.A., particularly in previously booming downtown.

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South Bay Village Shopping Center Sells for $40 Million

Charing Cross Partners has purchased South Bay Village, a nearly 108,000-square-foot shopping center in Torrance from Regency Centers Corp. for $39.8 million.

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Beyond Meat Signs Large Lease in El Segundo

El Segundo-based meat substitute company Beyond Meat, Inc. has signed a 12-year lease for roughly 280,000 square feet in El Segundo.

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Development Site Near Culver City Sells for $92 Million

A 3.5-acre mixed-use development site near the border of Culver City has sold for $92 million.

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Standard Communities Converts Carson Apartments to Workforce Housing

Standard Communities, the affordable housing division of Standard Cos., has created 150 units of workforce housing in Carson through a public-private partnership.

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Multifamily Buildings in Central LA Sell for $20 Million

Two multifamily buildings in Central Los Angeles have sold for a total of $20.5 million.

How Industrial Became LA’s Hottest Real Estate Category in 2020

Real estate companies wrapped a big year for industrial sales in L.A.

Partners CRE Closes $200 Million in Commercial Deals

In two short years, Beverly Hills-based Partners CRE has grown dramatically.

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Rexford Buys Industrial Properties for $103 Million

Brentwood-based Rexford Industrial Realty Inc. has acquired an industrial portfolio and an outdoor storage property for $103.1 million.

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Bainbridge Sets $500 Million Fund to Buy Hotels

At a time when many investors are staying away from hotels and other hospitality properties, West Hollywood-based Bainbridge DXS has announced a $500 million fund to acquire investments and do debt takeovers of hospitality assets.

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Public Storage Adds Properties, Board Members

It’s been a busy few weeks for Glendale-based self-storage company Public Storage.

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Playa Vista Amazon, Chick-Fil-A Get $168 Million Loan

An Amazon.com Inc. facility and a Chick-Fil-A location in Playa Vista received a $168 million permanent refinance loan.

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Lowe Buys Miramonte Resort in Indian Wells

Brentwood-based Lowe, formerly Lowe Enterprises acquired the 215-room Miramonte Resort & Spa in Indian Wells.

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Continental Development’s Low-Rise Projects Attract High-Profile Tenants

Straddling Manhattan Beach and El Segundo on the Rosecrans Corridor, Continental Park today bills itself as the largest mixed-use office park in Los Angeles County.

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Dedeaux Sells Cold Storage Portfolio in Central LA

Santa Monica-based Dedeaux Properties has sold a cold storage and food processing portfolio in central L.A.

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Duke Realty Forecasts ‘Robust Returns’ in LA Market

Indiana-based Duke Realty Corp. is betting big on L.A.'s industrial real estate company, with more than $225 million of activity in the Southland, including large projects in L.A. County.

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Book of Lists Profile: Developer MJW Investments Leans Into Student Housing

Santa Monica-based MJW Investments is one of the most active multifamily developers in Los Angeles, with 4.5 million square feet of development in L.A. County since 2010.

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The Regan Group Signs Industrial Lease in Torrance

The Regan Group has signed a lease for a 93,000-square-foot industrial building in Torrance.

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Cityview Secures $125 Million in Funding for Project Near USC

Century City-based multifamily developer Cityview has secured $125 million in funding for an opportunity zone project near USC.

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Koreatown Shopping Center Sells for $57.5 Million

California Marketplace, a Koreatown shopping center with more than two dozen tenants, has sold for $57.5 million.

Architecture Firm Jerde Has Designs on Continued Growth

While the global pandemic is battering many companies, downtown-based architecture firm Jerde Partnership is seeing an increase in activity.

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Rexford Adds Properties in Vernon, Santa Fe Springs

Rexford Industrial Realty Inc. added to its already sizeable list of acquisitions with a pair of year-end pickups last week.

Rexford Industrial Riding High After More Than $1.1 Billion in Deals During 2020

While many companies have struggled in the face of strong economic headwinds during 2020, Rexford Industrial Realty Inc. has enjoyed a banner year.

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Cottonwood Launches $200 Million Investment Platform for Real Estate Projects

Downtown-based Cottonwood Management and BCEG International Investment-US have teamed up to create a $200 million investment platform for real estate opportunities in the United States.

Downtown Tower Sells for $196 Million to German Investment Company

A 22-story office building in downtown has sold for $196 million.

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Optimus Sets $20 Million Refinancing for Multifamily Portfolio

Century-City based Optimus Properties has refinanced a multifamily portfolio of six buildings for $20.4 million.

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Office Conversion Complete at Former Sears Store

The conversion of a former Sears building into creative offices in downtown Santa Monica is now complete after a two-year, $50 million remodel.

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CIM Sells 153-Unit Building in West LA

Mid-Wilshire-based CIM Group has sold a 153-unit apartment building in West L.A.

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Westside Redevelopment Scores $22 Million in Financing

Embarcadero Capital Partners has secured $22.4 million in financing for its redevelopment of Campus 56.

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DNA Motor Signs Lease in City of Industry

DNA Motor Inc. has signed a nearly 139,000-square-foot lease for an industrial property in the City of Industry.

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Multifamily Properties Sell for $26 Million

Two multifamily properties have sold for a combined $25.7 million, according to Coldwell Banker Commercial. The sales were announced on Dec. 3.

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Rexford Buys Industrial Portfolio for $130 Million

Brentwood-based Rexford Industrial Realty Inc. has acquired a four-building industrial portfolio in the Inland Empire for $129.4 million.

Hotel Near LAX Sells for $92 Million

Sunstone Hotel Investors Inc. has sold the 502-room Renaissance Los Angeles Airport hotel to an unnamed buyer for $91.5 million.

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Kilroy Shows Off New Netflix Campus in Hollywood

Kilroy Realty Corp. recently completed construction at On Vine, a Hollywood office complex leased to Netflix Inc., and showed off the property in a virtual event.

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Extended Stay Properties Are Filling Up in LA

One type of hospitality property is faring better than others: extended stay hotels and residences.

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Koreatown-Adjacent Apartments Secure Construction Loan

A multifamily project underway near Koreatown has received a $16.6 million construction loan.

Clothing Wholesaler Maran Inks Lease in Santa Fe Springs

Wholesale women and children’s clothing company Maran Inc. has signed a 99-month lease in Santa Fe Springs valued at $15 million.

Covid Drives Demand for Cold Storage Facilities

Covid-19 is changing the way many people shop for food, and it’s thawing the frost that had settled over cold storage warehouses.

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CapRock Partners Buys Industrial Property in Pomona

CapRock Partners has acquired a 230,000-square-foot industrial property in Pomona that it eventually plans to raze to make way for a larger industrial building with offices fit for distributors.

Downtown, Beverly Hills Sites Secure More Than $300 Million in Loans

The THEA at Metropolis and L’Ermitage Beverly Hills have received more than $300 million in first mortgage loans.

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Multifamily Portfolio Sells for $142 Million

Raintree Partners has purchased a multifamily portfolio for $142 million from an unnamed private seller.

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Sale Leasebacks Expected to Become Increasingly Popular

After seeing increased popularity in the third quarter, sale leaseback deals seem poised for strong growth in the months ahead.

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Northwestern Mutual Pays $166 Million for Santa Monica Office Campus

Office sales may have slowed during the Covid-19 pandemic, but some big transactions are still taking place.

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Long Beach Apartment Buildings Sell for $14 Million

A portfolio of seven apartment buildings with a combined 60 units has sold in Long Beach for $14 million.

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Retail Real Estate Market Shows Some Life After Months of Struggle

Covid-19 has affected the retail environment, with a rapid shift to ecommerce reshaping the shopping experience for businesses and consumers.

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TenantBase Looks to Ease Office Leasing Process With Digital Platform

Santa Monica-based commercial real estate platform TenantBase Inc. is growing through new partnerships and expanding into new markets.

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Safco Capital Acquires West LA Office Building for $12 Million

A three-story office building in West Los Angeles known as Camden Gardens has sold for nearly $12 million.

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Koreatown Multifamily Site Sells for $10 Million

Manhattan 20 has acquired a multifamily property in Koreatown for $10.3 million from La Palma Professional Center, which can be traced to Koreatown-based Jamison.

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