Los Angeles
Partnership Bids $470M for DTLA’s Graffiti Towers
A buyer has emerged for the long-stalled Oceanwide Plaza mixed-use development in downtown Los Angeles’ South Park neighborhood, the Los… Read more
Brentwood Apartments Trade for $825K Per Unit
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged today the sale and financing of Luxe Villas, a 60-unit… Read more
CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at… Read more
IKEA to Open First LA Store within Helms Design District
IKEA U.S. said Wednesday it plans to open its first store within the city of Los Angeles. Scheduled to open in… Read more
CBRE Tapped to Lease Studio and Creative Office Campus
CBRE has been appointed as leasing agent for Los Angeles Center Studios, a full-service studio and creative office campus located… Read more
“Monumental” Update to LA’s Adaptive Reuse Ordinance Takes Effect This Month
An update to Los Angeles’ 1999 adaptive reuse ordinance takes effect this month, and developers are already planning to convert… Read more
Wellpointe Plans Affordable Development within Warner Center
A property-holding affiliate of Wellpointe Inc. has acquired 6400 Canoga Ave., a 4.71-acre site in Woodland Hills. The acquisition represents a milestone… Read more
Square Design Leases Nearly 24K SF at Industry City
Industry City, the 35-acre mixed-use campus in Sunset Park, Brooklyn, announced that Square Design, a full-service design and fabrication company… Read more
1031 Investor Acquires Two-Building Office/Flex Portfolio
CBRE facilitated the $12.38-million sale of a 44,953-square-foot office portfolio located at 24 and 26 Centerpointe Dr. in La Palma. A local… Read more
Cityview, Stockbridge Wrap Construction on Apartments in LA’s South Bay
Cityview and Stockbridge have completed Apollo, a 265-unit multifamily community located at 12888 Crenshaw Blvd. in Gardena, within Los Angeles’ South… Read more
Connect Media Acquires Networld, Expanding B2B Reach
Connect Media, a privately held media company based in Los Angeles and the nation’s largest provider of commercial real estate… Read more
CBRE Closes $53M Sale of Azusa Apartments
CBRE arranged the sale of Lumia, a newly constructed mixed-use multifamily community located at 850 N Azusa Ave. in Azusa, to Lumia Azusa LLC for… Read more
GSA Inks New 74K-SF Lease at Former LA Times Building
The U.S. General Services Administration (GSA) has signed a new 74,056-square-foot office lease at 145 S. Spring Street, a 10-story, 243,749-square-foot… Read more
FAT Brands, Twin Hospitality File for Chapter 11
Los Angeles-based restaurant franchising company FAT Brands Inc. has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the… Read more
California “Mansion Tax” Amendments May Go to Ballot This Year
The Los Angeles City Council has voted to refer proposed amendments to Measure ULA, the city’s so-called “mansion tax,” to the council’s Housing and Homelessness Committee for a hearing and… Read more