Los Angeles
Hackman Acquires Manhattan Beach Studios from Carlyle in $650M Deal
Los Angeles-based Hackman Capital Partners acquired, through an affiliated entity, The MBS Group, a film and TV studio real estate… Read more
Equity Commonwealth Sells 1M-SF Research Park
Equity Commonwealth closed the sale of Research Park, a 1.1-million-square-foot office and industrial development in northwest Austin. Also part of… Read more
Kroenke Lands $90M Stadium Deal with American Airlines
American Airlines appears to be the first official naming partner for Stan Kroenke’s new $5-billion Los Angeles Stadium in Inglewood.… Read more
CIM Group Divests Hollywood & Highland to DJM, Gaw Capital
CIM Group sold Hollywood & Highland, the 463,000-square-foot retail and entertainment center in Hollywood, to a partnership between San Jose-based… Read more
Carmel Partners Bags Whole Foods Market at Cumulus District MXU
San Francisco-based Carmel Partners signed a roughly 50,000-square-foot lease with Whole Foods Market for a flagship grocery store that will… Read more
Arden Hearing Takes on West Coast Development Role for Lendlease
Sydney, Australia-based Lendlease appointed Arden Hearing as Executive General Manager, Development for the West Coast, effective August 5. He will… Read more
CBRE’s Patrick Sentner Shares Ways SIOR Helps Members Stay a Step Ahead of Competition
By Patrick J. Sentner, SIOR 2019 Global Vice President Q: How is the office market changing across the country? What… Read more
Commercial Real Estate’s Fastest-Growing Media Company Signs Leases on Both Coasts
Connect Media has signed leases in New York and Los Angeles, and secured office space in Atlanta at co-working provider… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
Historic Hotels Carry on Culinary Traditions
By Zoe Stutman Hotels have played an intrinsic role in the creation of America’s cultural fabric. They have enabled a… Read more
Pembrook Invests in Prana Fund for Workforce Housing
Pembrook Capital Management has closed on a preferred equity investment of up to $50 million to Prana Investments. The equity will… Read more
Latest Design Concepts Unveiled for Taylor Yard
The City of Los Angeles is currently reviewing three preliminary design concepts for 42-acre Taylor Yard G2 River Park Project.… Read more
Davlyn Snags Riverside TOD for $60M
San Diego-based Davlyn Investments acquired Metro Gateway, a newly-built, 187-unit, multifamily community in Riverside, CA from MBK Rental Living for… Read more
Fatburger Targeting Texas for Expansion
Los Angeles-headquartered FAT Brands Inc. is targeting the Lone Star State for expansion. Specifically, the quick-service restaurant chain is partnering… Read more
Amenities Race: What’s Driving Multifamily Design Through the Roof?
Century West Partners is taking amenities to a new level at Next on Lex in Glendale, CA. Connect Media asked… Read more
Embarcadero Capital, PCCP Pick Up Milpitas Campus for $70M
A joint venture between Embarcadero Capital Partners and PCCP, LLC acquired Park Point campus in Milpitas, CA from Los Angeles-based… Read more
L.A. Clippers Announce Plans for $1B Basketball Arena in Inglewood
The Los Angeles Clippers of the NBA plan to build a new, privately-financed $1.1-billion arena and team headquarters in Inglewood,… Read more
BH Properties Expands Arizona Footprint, Invests $55M
BH Properties of Los Angeles targeted investments further east — in Arizona — spending a total of $55.3 million for… Read more
Optima Tax Relief Takes More HQ Space in Santa Ana
Kearny Real Estate Co. signed a long-term lease renewal and expansion with Optima Tax Relief for 77,500 square feet at… Read more