Los Angeles
Cuomo Okays Reopenings for Movie Theatres, Ski Resorts
In separate announcements over the weekend, Gov. Andrew Cuomo said ski resorts across New York State may reopen at 50%… Read more
Rexford Executes $72M in Acquisition, Disposition Activity
Los Angeles-based Rexford Industrial Realty, Inc. completed five industrial property transactions totaling $71.8 million. The activity includes the acquisition of… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
Institutional Buyer Snares Dallas Walgreens
Stan Johnson Company (SJC) completed the sale of a Walgreens drugstore in Dallas. The 15,120-square-foot property, at 2060 S. Buckner Blvd., sold… Read more
George Smith Partners Secures Construction Loan for L.A. Micro-Unit Project
George Smith Partners secured a $14.1-million construction loan on behalf of ELK Development for an 86-micro-unit development in Hollywood’s Opportunity… Read more
California Landmark Group Completes $120M Marina Arts District MF
California Landmark Group (CLG) completed the final phase of G8, the largest multifamily/commercial development in Marina del Rey’s Marina Arts… Read more
DealPoint Merrill Plans Redevelopment in Detroit Suburb
DealPoint Merrill LLC, based in Los Angeles, acquired a 69,275-square-foot former Kroger Shopping Center on seven acres in the retail… Read more
Nome Ventures Lands Pacific Gateway for Nearly $56M
Silicon Valley-based Nome Ventures acquired Pacific Gateway, a recently renovated, 10-story office tower in Los Angeles for $55.5 million, reportedly… Read more
Report Pinpoints Challenges Ahead for Downtown Los Angeles
The long-term impacts from the COVID-19 pandemic on the economy are still uncertain, but evidence of how government ordered lockdowns… Read more
Alere Secures Tenant for Newly Built Industrial Warehouse
Newport Beach-based Alere Property Group LLC signed a 118,664-square-foot industrial lease at Telegraph Business Center in Pico Rivera. Built in… Read more
CBRE Delivers $70M Refi for Watt West Los Angeles Portfolio
CBRE arranged $70 million in total loan proceeds for the refinancing of two recently renovated office properties in Culver City.… Read more
John Ollen Leaves Tishman Speyer for Brokerage Role at NKF
John Ollen, one of the commercial real estate industry’s premier leasing brokers, joined NKF as Executive Managing Director. He will… Read more
Seattle Reclaims Crane Crown from Los Angeles
Seattle’s crane count increased by seven cranes, knocking Los Angeles off the top spot in Ryder Levett Bucknall’s (RLB) latest… Read more
CBRE’s Holiday Trends Guide Portends A Season Like No Other
This holiday season will be shaped by changes to the shopper experience as a result of the COVID-19 pandemic. Topping… Read more
Highland Delivers $25M for Glendale Creative Office Conversion
A JV between Los Angeles-based Hileman Cowley Partners LLC and San Diego-based LLJ Ventures LLC secured a $25-million bridge loan… Read more
Pabst Brewing Moving HQ Back to San Antonio
Pabst Brewing Co., which relocated its headquarters to Los Angeles in 2011, is coming back to San Antonio. The holding… Read more
West Adams Site Receives $50M Construction Financing for Creative Conversion
Los Angeles-based The Luzzatto Company, Inc. received $48.7 million in construction financing for Exposition 3, a 94,082-square-foot creative office property… Read more
Marcus & Millichap Brokers $7M Sale of Palm Harbor Retail Property
Marcus & Millichap has arranged the $7.4 million sale of Curlew Lakes, a 44,389-square-foot retail property in Palm Harbor. The… Read more
Pearlstone Condo Project Lands Construction Debt
Waterloo Real Estate Investments and Highland Realty Capital arranged a $26.5-million construction loan on behalf of Austin-based Pearlstone Partners for… Read more