Los Angeles
Loganville Retail Property Trades for $16M
New York City-based Big V Group has acquired North Logan Commons, a 175,969-square-foot retail property in Loganville for $15.6 million.… Read more
HelloOffice Raises $20M in Fundraising Round
San Francisco-based HelloOffice raised a $20 million Series A round of financing. Point Ventures led the investment round with participation… Read more
Netflix Acquires Hollywood’s Historic Egyptian Theatre from American Cinematheque
Los Gatos, CA-based Netflix acquired the Egyptian Theatre in Hollywood with plans to invest in the theatre’s renovation, and will… Read more
Jodie Poirier Rejoins Colliers to Lead SoCal Market
Colliers U.S. announced that Jodie Poirier rejoined the firm as Executive Managing Director and one of two market leaders in… Read more
Overton Moore Commences Phase II of Pacific Commons South in Fremont
Overton Moore Properties (OMP) commenced construction on Phase II of Pacific Commons South in Fremont. Phase I of construction is… Read more
Wingspan, Integrated Capital JV on Plainfield Apartments
Locally-based Wingspan Development Group formed a joint venture with Integrated Capital Management, a Los Angeles-based investment management firm. The JV is partnering on… Read more
Bellwether Closes Nearly $100M SoCal Industrial Deal
Cleveland-based Bellwether Enterprise Real Estate Capital LLC closed a $97.7 million loan for five warehouse and distribution buildings in SoCal.… Read more
Kilroy Named NAIOP 2020 Developer of Year
NAIOP selected Los Angeles-based Kilroy Realty Corporation as the 2020 Developer of the Year, the association’s highest honor. The award… Read more
Rexford Acquires Two SoCal Industrial Assets
Los Angeles-based Rexford Industrial Realty, Inc. acquired two industrial assets in SoCal for $14.7 million, bringing the REIT’s 2020 acquisition… Read more
Banyan Residential Makes First Houston Acquisition
Los Angeles-based Banyan Residential recently acquired Lofts at the Ballpark, a 375-unit Class-A apartment property in downtown Houston. It represents Banyan’s… Read more
2nd Street USA Sets Up Shop in Chelsea
Vintage second-hand clothing store 2nd Street USA has inked a new 5,400-square-foot lease in at 142 W. 26th St. in Chelsea. 2nd Street… Read more
Staples Center Construction Leader Shares COVID-19 Strategy
By Dennis Kaiser Earlier this year, Jennifer Halstead commenced a new chapter in her professional career, taking over as COO… Read more
Net Lease Sales Volume Hit Four-Quarter Record in Q1
Net-lease investment volume increased by 34.6% to $78.9 billion for the year ending March 31, the highest four-quarter total on… Read more
BREAKING NEWS: Silverstein Reportedly in Talks with OUE to Buy L.A.’s U.S. Bank Tower
Singapore-based OUE Limited is reportedly in talks with New York-based Silverstein Properties to sell the iconic U.S. Bank Tower in… Read more
April Trade Volumes Rebound at SoCal Ports
Container volumes in April at the Port of Los Angeles and Long Beach bounced back, rising 25% month-over-month. Despite the… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
Chris Naylon Joins Sands Investment Group in Santa Monica
Sands Investment Group (SIG) expanded its SoCal team with the addition of Chris Naylon, who was hired to fill the… Read more
NAIOP SoCal Appoints First-Ever Chief Executive Officer
The Southern California chapter of NAIOP appointed Timothy “Tim” Jemal as its first chief executive officer. Jemal brings 30 years… Read more
173-Unit MF Property in Phoenix Trades Hands for $13M
Los Angeles-based Stepp Commercial completed a $12.8 million acquisition of Ocotillo Apartments, a 173-unit apartment community in Phoenix. The buyer… Read more