Los Angeles
PRP Real Estate Pays $145M for 3M Buildings
Two office buildings in North Austin leased by 3M Co. now have a new owner. PRP Real Estate Investment Management… Read more
RCA Reports Cross-Border Investment Activity Dips Below $50B
The latest research by Real Capital Analytics (RCA) reveals cross-border acquisitions of U.S. commercial real estate dropped below $50 billion… Read more
Seattle a ‘Must Have’ on Institutional Investors’ Shopping Lists
National investment sales volume across all property types totaled $570.6 billion in 2019, a drop of 1.6% year-over-year, according to… Read more
George Smith Partners Adds Davies to Executive Committee
L.A.-based George Smith Partners (GSP) has promoted principal and managing director Malcolm Davies to join fellow principals and managing directors… Read more
2.4M-SF Century Plaza Office Towers at Full Occupancy
In what is being hailed in a report by the Los Angeles Times as a validation of the strength of… Read more
$110M Pershing Square Redevelopment Funded for Initial Phases
The $110-million redevelopment of DTLA’s Pershing Square is commencing with a phased 10-year plan, expected to include at least four… Read more
DTLA Delivers 4,500 Residences in 2019 for Record Year
The report card is in, and the Downtown Center BID 2019 Year End report shows a record-setting 4,447 new apartments… Read more
12 Trends That Are Shaping Commercial Real Estate in 2020
By Paul Bubny Twelve different commercial real estate trends and 12 different voices to express each of them. NKF’s white… Read more
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