Stories by Hannah
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.
Prologis Inc. has purchased an 8.29-acre redevelopment site downtown for $91 million.
The past year was a difficult one for office space in L.A., particularly in previously booming downtown.
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.
El Segundo-based meat substitute company Beyond Meat, Inc. has signed a 12-year lease for roughly 280,000 square feet in El Segundo.
A 3.5-acre mixed-use development site near the border of Culver City has sold for $92 million.
Standard Communities, the affordable housing division of Standard Cos., has created 150 units of workforce housing in Carson through a public-private partnership.
Two multifamily buildings in Central Los Angeles have sold for a total of $20.5 million.
Real estate companies wrapped a big year for industrial sales in L.A.
In two short years, Beverly Hills-based Partners CRE has grown dramatically.
Brentwood-based Rexford Industrial Realty Inc. has acquired an industrial portfolio and an outdoor storage property for $103.1 million.
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.
It’s been a busy few weeks for Glendale-based self-storage company Public Storage.
An Amazon.com Inc. facility and a Chick-Fil-A location in Playa Vista received a $168 million permanent refinance loan.
Brentwood-based Lowe, formerly Lowe Enterprises acquired the 215-room Miramonte Resort & Spa in Indian Wells.
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.
Santa Monica-based Dedeaux Properties has sold a cold storage and food processing portfolio in central L.A.
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.
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.
The Regan Group has signed a lease for a 93,000-square-foot industrial building in Torrance.
Century City-based multifamily developer Cityview has secured $125 million in funding for an opportunity zone project near USC.
California Marketplace, a Koreatown shopping center with more than two dozen tenants, has sold for $57.5 million.
While the global pandemic is battering many companies, downtown-based architecture firm Jerde Partnership is seeing an increase in activity.
Rexford Industrial Realty Inc. added to its already sizeable list of acquisitions with a pair of year-end pickups last week.
While many companies have struggled in the face of strong economic headwinds during 2020, Rexford Industrial Realty Inc. has enjoyed a banner year.
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.
A 22-story office building in downtown has sold for $196 million.
Century-City based Optimus Properties has refinanced a multifamily portfolio of six buildings for $20.4 million.
The conversion of a former Sears building into creative offices in downtown Santa Monica is now complete after a two-year, $50 million remodel.
Mid-Wilshire-based CIM Group has sold a 153-unit apartment building in West L.A.
Embarcadero Capital Partners has secured $22.4 million in financing for its redevelopment of Campus 56.
DNA Motor Inc. has signed a nearly 139,000-square-foot lease for an industrial property in the City of Industry.
Two multifamily properties have sold for a combined $25.7 million, according to Coldwell Banker Commercial. The sales were announced on Dec. 3.
Brentwood-based Rexford Industrial Realty Inc. has acquired a four-building industrial portfolio in the Inland Empire for $129.4 million.
Sunstone Hotel Investors Inc. has sold the 502-room Renaissance Los Angeles Airport hotel to an unnamed buyer for $91.5 million.
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.
One type of hospitality property is faring better than others: extended stay hotels and residences.
A multifamily project underway near Koreatown has received a $16.6 million construction loan.
Wholesale women and children’s clothing company Maran Inc. has signed a 99-month lease in Santa Fe Springs valued at $15 million.
Covid-19 is changing the way many people shop for food, and it’s thawing the frost that had settled over cold storage warehouses.
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.
The THEA at Metropolis and L’Ermitage Beverly Hills have received more than $300 million in first mortgage loans.
Raintree Partners has purchased a multifamily portfolio for $142 million from an unnamed private seller.
After seeing increased popularity in the third quarter, sale leaseback deals seem poised for strong growth in the months ahead.
Office sales may have slowed during the Covid-19 pandemic, but some big transactions are still taking place.
A portfolio of seven apartment buildings with a combined 60 units has sold in Long Beach for $14 million.
Covid-19 has affected the retail environment, with a rapid shift to ecommerce reshaping the shopping experience for businesses and consumers.
Santa Monica-based commercial real estate platform TenantBase Inc. is growing through new partnerships and expanding into new markets.
A three-story office building in West Los Angeles known as Camden Gardens has sold for nearly $12 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.