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.
Arts District Site Sells for $91 Million
Prologis Inc. has purchased an 8.29-acre redevelopment site downtown for $91 million.
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.
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.
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.
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.
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.
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.
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.
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.
Public Storage Adds Properties, Board Members
It’s been a busy few weeks for Glendale-based self-storage company Public Storage.
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.
Lowe Buys Miramonte Resort in Indian Wells
Brentwood-based Lowe, formerly Lowe Enterprises acquired the 215-room Miramonte Resort & Spa in Indian Wells.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
CIM Sells 153-Unit Building in West LA
Mid-Wilshire-based CIM Group has sold a 153-unit apartment building in West L.A.
Westside Redevelopment Scores $22 Million in Financing
Embarcadero Capital Partners has secured $22.4 million in financing for its redevelopment of Campus 56.
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.
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.
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.
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.
Extended Stay Properties Are Filling Up in LA
One type of hospitality property is faring better than others: extended stay hotels and residences.
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.
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.
Multifamily Portfolio Sells for $142 Million
Raintree Partners has purchased a multifamily portfolio for $142 million from an unnamed private seller.
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.
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.
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.
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.
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.
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.
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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