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Hannah Madans

Stories by Hannah

All Aboard

In neighborhoods along the Expo Line, developers are racing to meet demand

Transit Projects Draw Developers

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Retail Portion of Mixed-use Burbank Complex Sells for $27 Million

Brentwood-based GPI Cos. has sold the retail portion of the Burbank Collection, a mixed-use development that houses condos as well as a Yard House restaurant, for $26.8 million to an unnamed buyer.

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Industrious Expands to One Colorado in Pasadena

Coworking company Industrious has partnered with ShopCore Properties on a 27,000-square-foot spot at One Colorado in Pasadena.

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OneLegacy Buys New HQ Building in Azusa for $18 Million

Nonprofit OneLegacy purchased an office building in Azusa for $18.4 million, where it will relocate its headquarters from downtown.

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Two Apartment Buildings in Downtown Sell for $406 Million

Daydream Apartments has purchased the Grace on Spring and the Griffin on Spring from Holland Partner Group for $406 million.

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Office Buildings Pull in Record Sale Prices

Properties in Rancho Dominguez and Larchmont Village command top dollar per square foot

PRG Investment & Management Inc.’s sale of an office park brings top dollar.

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Demand Soars for Warehouses

Homelegance one of many companies signing new leases

Homelegance LA Inc., Punch Studio sign new leases in a hot market.

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Sterling Buys Two Melrose Retail Sites

Investor spends $35 million on ‘high street’ storefronts

Sterling Organization acquires two “high street” buildings on Melrose.

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LA Outpaces California on Hotel Construction

Most of the new hotel construction and development is downtown, which has become a major tourist destination.

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Office Building Leased to Boeing Sells for $51 Million

The 200,000-square-foot campus in El Segundo sold for $50.8 million.

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Price Architects Joins Global Firm HKS

Two prominent LA architecture and design firms are combining forces. Price Architects Inc. has joined HKS Architects, the firms announced July 15.

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Cedars-Sinai $15 Million Grant Addresses Homelessness

Cedars-Sinai is contributing $15 million to address homelessness. The money will go to 108 nonprofit groups.

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WeWork Signs 30th LA Lease at Wilshire Courtyard

Coworking giant WeWork Cos. Inc. has signed a more-than 135,000-square-foot lease at Wilshire Courtyard in Miracle Mile — its 30th lease in the city.

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Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties

Sterling Organization has acquired a two-building retail portfolio on Melrose Avenue in West Hollywood for $35 million.

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Construction Wraps on Long Beach Center

New City Hall and port headquarters to open this month

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Union Bank Plaza to be Renovated

Unique location covers full city block in dense downtown

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Short-Term Draw

Office sublease market heats up as companies grow, consolidate

The sublease market is heating up as L.A. companies grow.

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Rising Realty Buys Denver Office Tower

Acquisition is company’s first outside of SoCal

Acquisition is company’s first outside of SoCal

Cinema Prop House Signs $27 Million Lease Downtown

Omega Cinema Props Inc. has signed a 245,000-square-foot lease for an industrial facility downtown in a deal valued at $27 million.

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Miro Signs 7K SF Lease for US Headquarters in the Arts District

Russia-based collaboration platform Miro has signed a lease for roughly 7,000 square feet at ROW DTLA in the Arts District.

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KBS Starts $20 Million Union Bank Plaza Renovation

KBS has started a $20 million renovation on downtown’s Union Bank Plaza.

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A River Runs Through It

Development is flooding into neighborhoods along the LA River

Development is flooding into neighborhoods along the LA River

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CBRE Plans to Acquire London-Based Developer

REAL ESTATE: Telford Homes to join Trammell Crow

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Knotel Eyes Expansion

Company to add 250,000 square feet this year

Company to add 250,000 square feet this year

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Seeing the Big Picture

LABJ INsider

Goings-on in L.A.’s business community.

Developers Shift into Senior Housing

REAL ESTATE: Soaring demand drives strong returns

REAL ESTATE: Soaring demand drives strong returns

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Jamison Moves into Westside Market

Koreatown developer buys West LA location for $16M

Koreatown developer buys West LA location for $16M

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CBRE Buys London Multifamily Developer Telford Homes for $337 Million

Downtown-based CBRE Group Inc. plans to acquire Telford Homes Plc.

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6 Mobil Gas Stations Sold for $25M

A boutique carwash, gasoline and convenience store operator has sold a portfolio of six Mobil-branded stations in LA for $24.5M.

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Offices Upgrade to Attract Tenants

REAL ESTATE: Westside complexes spend millions

REAL ESTATE: Westside complexes spend millions

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Murals Help Update Sites

MWest brings fresh art to historic rehab projects

DEVELOPMENT MWest Holdings brings artistic touch when rehabbing historic buildings.

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Amoeba Music to be Torn Down

Real Estate: 26-story project is under development

Real Estate: 26-story project is under development

Affordable Housing Gets Backing

REAL ESTATE: Two projects get $55 million in loans from CIT Group

REAL ESTATE: Two projects get $55 million in loans from CIT Group

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American Group Plans Opportunity Zone Fund

REIT looks outside Calif. for zone development

OPPORTUNITY ZONES American Group looks to seize opportunity with new fund.

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Affordable Housing Projects Get $55 Million from CIT Group

CIT Bank invests $55 million in two affordable housing projects.

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Zone Change Approved, Amoeba Music to be Torn Down

The iconic Amoeba Music store in Hollywood will be torn down, making way for a 26-story complex.

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El Segundo Office Building Sells for $170M

A three-story creative office building at 777 Aviation in El Segundo has sold for $170 million.

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Big Projects Win Support

Parkview, Acres provide multimillion-dollar loans

Parkview Financial has loaned $16.5 million to mixed-use project 5050 Pico.

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STAYING SOUND

Los Angeles recording studios stand the test of time

L.A.’s legendary recording studios still going strong, despite changing industry.

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Weedmaps Plans Move to Huge Downtown Office

REAL ESTATE: Tech firm is latest to lease in Arts District

Ghost Management Group is the latest business to land in the Arts District.

Bell Partners to Expand LA Presence

NC real estate firm plans to invest up to $200M

Bell Partners Inc. is targeting newer, more modest housing investments in L.A.

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Ghost Management Group Signs 115K SF Arts District Lease

The Irvine-based tech company that runs the website weedmaps.com, has signed a 115,000 square foot office lease in the Arts District.

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West L.A. Retail Center Sells For $14M

A retail center in West L.A. was purchased by Los Robles Office Partners for $13.5 million, according to property records.

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Arcadia Shopping Mall to Be Converted to Mixed-Use Community

Lennar Homes has purchased a shopping center in Arcadia from the Olson Company.

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Vili Vaananen

20 in their 20s

Chief executive and co-founder of Highkey

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Alix Peabody

20 in their 20s

Chief executive and founder of Alix Co.

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Michael Lucarelli

20 in their 20s

Chief executive and co-founder of RentSpree

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Businesses Flock to West Adams

Real Estate: New companies, high-rises drive neighborhood shift

Retailers are flocking to West Adams.

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Shared Space

The latest entrant to coliving market offers hip, furnished apartments

The rise of coliving in L.A.

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Harbor Group Makes LA Purchase

RE investor takes $3 million stake in West Hollywood apartment building

Harbor Group looks to expand its L.A. presence with $3.25M stake in West Hollywood apartment building.

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