Los Angeles
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Kidder Mathews Closes 112K-SF Retail Acquisition for $32M
A local family investor has acquired a 111,925-square-foot shopping center located at 11452-11568 Telegraph Rd. in Santa Fe Springs for… Read more
IDI Logistics Buys Torrance Industrial for $22M
Atlanta-based IDI Logistics has purchased a 108,186-square-foot industrial investment property at 19145 Gramercy Pl. in Torrance, CA for $21.5 million.… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
GSA Plans $126M for Key California Projects
U.S. General Services Administration (GSA) Administrator Emily Murphy has announced key investments for California in the agency’s fiscal year (FY)… Read more
Connect Q&A: Allen Matkins’ John Tipton on Winter 2020 Forecast
The annual Allen Matkins/UCLA Anderson Winter Forecast is as much a year-forward motivational “must read” as it is a best… Read more
Cali Buyer Enters San Antonio, Acquires 248-Unit Hill at Woodway
Orion Real Estate Partners acquired its first San Antonio property, snagging the 248-unit Hill at Woodway apartments from HWW Laureate.… Read more
VA Lands $100M for San Diego MOB
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $106,000,000 in construction-to-permanent financing for a 141,000-square-foot… Read more
Amoeba Stays Hollywood… Signs on Blvd
Iconic music retailer and “occasional” live appearance pop-up Amoeba Records has confirmed it will relocate from its longtime home on… Read more
Culver City’s Jefferson Creative Campus Trades for $169M
A JV of Clarion Partners, LLC and Lincoln Property Company has acquired the Jefferson Creative Campus for $169 million. The… Read more
Non-Profit Purchases Santa Monica Multifamily for $14 Million
A non-profit developer has acquired a 40-unit Santa Monica, CA apartment complex with an adjacent vacant lot for potential development… Read more
Allen Matkins/UCLA Anderson Winter Forecast Optimistic on 2022 Resurge
There is a difference between bullish and optimistic and, according to the Winter 2020 Allen Matkins/UCLA Anderson California Forecast, those… Read more
Klabin Leases 115K SF at Rancho Dominguez Industrial Campus
L.A.-based The Klabin Company/CORFAC International today announced it represented ownership in three lease transactions totaling 115,000 square feet of space… Read more
Weingarten Signs Redpill VR for 8000 Sunset Strip Debut
Weingarten Realty (NYSE: WRI) has signed Redpill VR to a 5,664-square-foot lease at the company’s 8000 Sunset Strip shopping center… Read more
Authentic, Brookfield & Simon JV Offers $81M for Forever 21
A consortium led by Authentic Brands Group and two of retailer Forever 21’s largest landlords, Brookfield Property Partners and Simon… Read more
Clicks-to-Bricks: Online Retailers Embrace Brick and Mortar
By Dennis Kaiser Despite the challenges some brick-and-mortar retailers have been facing, the number of online retailers (or “e-tailers”) occupying… Read more
Escondido Self Storage Sells for $18M
Laguna Beach, CA-based Self Storage Investment Services, Inc. recently completed the sale of a newly-constructed self storage property located at… Read more
DTLA’s Historic Trust Building Earns LEED Gold
Rising Realty Partners and Lionstone Investments have secured USGBC LEED Gold certification for the JV’s Trust Building, a 340,000 square… Read more
Kay Properties Sees $230 Million in 2019 1031’s
L.A.-based Kay Properties raised and placed $230 million in like-kind exchange equity investments from accredited investors in 2019 seeking to… Read more