Los Angeles
Boston Properties Inks Mega-Lease with Hulu
Boston Properties Inc. recently signed a 351,000-square-foot seven-year lease with Hulu. The tenant is expanding and extending its lease with… Read more
West Terrace Aims to Fill Affordable Housing Void
Multifamily supply is lacking in all respects but most acutely in the affordable sector. However, construction recently broke ground on… Read more
As Port Traffic Ramps Up, So Does Warehouse Development
Increasing amounts of containerized cargo are flowing through the country’s major maritime port complexes, in turn driving demand for warehouse… Read more
Brookfield Properties Acquires Newland, Expands Footprint
In a strategic effort to capitalize on current market conditions, Newland is joining Brookfield Properties. This acquisition of Newland and… Read more
Reinvigorated Institutional-Quality The Urban Sells for $96M
The Urban, a 10-building 435-unit multifamily property located at 3601 E. McDowell Rd. in Phoenix, is a 2000-era community with… Read more
LA County Takes Down a Five-Year Lease in LAX Submarket
The county of Los Angeles recently inked a five year 52,054-square-foot lease at 5200 W. Century Blvd. in the LAX/Century… Read more
Phoenix Value-Add Multifamily Becomes Increasingly Scarce
As value-add multifamily becomes more difficult to find, one asset fit that description to a T. Mountain View Casitas, a… Read more
North Pointe Sells to Investors Capital Group for $25M
Multifamily continues to shine even as the COVID cloud begins to lift in many areas. A recent example is North… Read more
McKinley Packaging Takes Industrial Space in SE LA
A 102,516-square-foot industrial building in Southeast Los Angeles is now fully leased up with the signing of McKinley Packaging. The… Read more
Goodman Fullerton’s 1.5M-SF Logistics Campus Gets Underway
Goodman has commenced development of a 1.5 million-square-foot four-building logistics campus at 2099 Orangethorpe Ave. in Fullerton. Scheduled for opening… Read more
Braemer Enters Purchase Agreement for Mr. C Beverly Hills Hotel
Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 138-room Mr. C Beverly Hills Hotel… Read more
The Depot Creative Campus Gets $54M in Construction Financing
Upon completion, The Depot, a 107,199-square-foot 1.5 acre creative office campus in the West Adams micro market of Los Angeles,… Read more
Boulder Crossing Signs Large Retailers, More in the Works
Retail center Boulder Crossing, located at the intersection of Winchester Road (Highway 79) and Domenigoni Parkway in south Riverside County,… Read more
L.A. Investor Makes Ninth South Side Acquisition
A 44-unit apartment building at 4611 S. Drexel Blvd. in the Kenwood neighborhood of Chicago’s South Side has sold. Jeff… Read more
The Link in Burbank’s Media District Sells for $62M
The Link, a recently renovated seven-story class-A office building located at 2901 West Alameda Ave. in Burbank, sold to Pendulum… Read more
Freight Bottlenecks Cost U.S. Economy $42B in 2019
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019, a hidden tax on the American people that… Read more
Ralphs-Anchored Midtown Center Gets $64M Refi
While many properties and lenders have been impacted by the pandemic, Midtown Shopping Center, a 216,813-square-foot shopping center anchored by… Read more
Hospitality Hits a High Note in U.S. Bank Capital Improvement Plan
Silverstein Properties has plans for a $60 million capital improvement program to upgrade and reposition the U.S. Bank Tower in… Read more
Optimus Properties Completes First Distressed Note Sale
Optimus Properties LLC, headquartered in Los Angeles, has completed the purchase and subsequent disposition of its first distressed note backed… Read more