Los Angeles
Skanska Advances Second Beverly Hills Development
Skanska acquired a development site at 8633 Wilshire Blvd., with plans for a three-story, 43,900-square-foot office project. The seller was… Read more
Lion Real Estate Relocates HQ from L.A. to Dallas
Lion Real Estate Group, (LREG), a real estate investment and asset management firm, has relocated its corporate headquarters from Los Angeles to Dallas. The firm has… Read more
Scottsdale Retail Center Trades for $52M
YAM Properties, a commercial real estate firm owned by GoDaddy founder Bob Parsons, acquired Pima Crossing, a 240,370-square-foot retail center… Read more
TruAmerica Expands Phoenix MF Portfolio with $80M Deal
Los Angeles-based TruAmerica Multifamily acquired Pointe at South Mountain Apartments in Phoenix from an entity tracing to Phoenix-based ConAm Group… Read more
Younan Properties Re-Acquires Office Tower in Houston’s Energy Corridor
Los Angeles-based Younan Properties has acquired Two Westlake Park, a 455,000-square-foot office tower in Houston’s Energy Corridor, for an undisclosed sum.… Read more
Mike Foley Joins Colliers’ Top Industrial Team in Los Angeles
Colliers expanded its top performing industrial team in Los Angeles with the addition of Mike Foley. He joins as an… Read more
Colony Capital Transitions California Corporate HQ to Florida
Colony Capital, Inc. is the latest California-based company to relocate its corporate home out of the Golden State. The global… Read more
Hightower Acquires Wealth Management Firm Bel Air
Chicago-based Hightower has acquired Bel Air Investment Advisors LLC from Fiera Capital Corporation for an undisclosed sum. The deal for Bel Air, with US$8 billion in… Read more
Rexford Boosts 2020 Acquisitions to $1.22B with $103M Portfolio Deal
Los Angeles-based Rexford Industrial Realty, Inc. reports it added $1.22 billion in industrial properties to its portfolio in 2020, representing… Read more
RiverRock Adds Janice Church in Regional Role
Newport Beach-based RiverRock Real Estate Group added Janice Church as regional vice president for its Los Angeles region. Church will… Read more
Culver City Site Goes for $92M, Lendlease Plans $600M Development
Lendlease, in partnership with Aware Super Secure, acquired a nearly 3.6-acre transit-oriented, mixed-use development site in Los Angeles from La… Read more
Hudson Pacific Properties, Macerich Fund $650K Grant Program for LA Artists
Los Angeles-based Hudson Pacific Properties and Santa Monica-based Macerich are fast-tracking more than $650,000 to artists in Los Angeles impacted… Read more
SoCal Ports Report ‘Unprecedented Surge’ in Year-End Cargo Volume
The sister Ports of Los Angeles and Long Beach reported record cargo volume for November. A combination of increased consumer… Read more
Alex Kane Joins NorthMarq in SoCal
NorthMarq expanded its team with the addition of Alex Kane as vice president in its Los Angeles office. He will… Read more
Kearny Commences Otay Crossings Commerce Park BTS for Cabot
Kearny Real Estate commenced construction on a two-building,156,430-sqaure-foot industrial complex within the master-planned Otay Crossings Commerce Park in San Diego’s… Read more
Cabot Properties Divests from Nationwide Industrial Portfolio for $875M
Boston-based international private equity real estate investment firm Cabot Properties has divested from Cabot Industrial Core Fund L.P., a 27-property… Read more
Rexford Buying Spree Continues, Boosts 2020 Activity to $1.1B
Los Angeles-based Rexford Industrial Realty, Inc. acquired a six-building industrial portfolio in Vernon for $93.8 million and an industrial outdoor… Read more
Rockwood-LPC Divest Downtown Los Angeles Tower for Nearly $200M to German Investor
Germany’s Deka Immobilien acquired 915 Wilshire in Los Angeles from Rockwood Capital and Lincoln Property Company West for roughly $196… Read more
Grocery-Anchored Shopping Center in Los Angeles’ Koreatown Sells for $58M
California Marketplace, a three-story retail property in Los Angeles’ Koreatown, traded hands for $57.5 million via a bankruptcy court auction.… Read more