Los Angeles
Ross Stores Takes More Than 1M SF at Wonderful Industrial Park in Shafter
Wonderful Real Estate signed a lease with Ross Stores, Inc. for 1,003,071 square feet of industrial space at Wonderful Industrial… Read more
Ocean West, Westbrook Divest Westwood Asset to Goldman Sachs for $93M
Los Angeles-based Ocean West Capital Partners and New York-based Westbrook Partners divested 1640 Sepulveda to a Goldman Sachs Group Inc.… Read more
New Supply, Strong Economy Boost U.S. Hotel Forecast for 2019
New hotel rooms coming onto the U.S. market are not expected to be a concern for established hotel operators because… Read more
Perkins+Will Picks Sheldon to Lead Corporate and Commercial Practice
Perkins+Will appointed David Sheldon to lead its Los Angeles practice focused on mixed-use, corporate, and commercial architecture. He brings more… Read more
AHF Buys Another Hotel for Homeless Housing
The AIDS Healthcare Foundation bought the 204-room Baltimore Hotel in downtown Los Angeles. It’s the latest in its series of… Read more
CBRE JV Buys Stake in Three Malls
Los Angeles-based CBRE Global Investors, in a joint venture with Brookfield Property Partners, acquired a stake in three super-regional malls… Read more
CBRE GI Buys PHX Distribution Facility from Hines for $49M
Los Angeles-based CBRE Global Investors Acquisitions, LLC acquired Southwest Industrial Center in Phoenix from Houston-based Hines for $48.5 million. The… Read more
Horton Plaza to be Reborn as The Campus at Horton by Stockdale
Stockdale Capital Partners acquired Horton Plaza, a 10-acre retail mall in downtown San Diego, from Unibail-Rodamco-Westfield for an undisclosed amount. The… Read more
CommonWealth Claims Boston Seaport Building for Record $450M from Tishman Speyer
Los Angeles-based CommonWealth Partners is reportedly acquiring 200 Pier Four, a new 370,000-square-foot office building in Boston, from New York-based… Read more
Spirited Debate Marks ‘Great Class Divide’ Panel
By Amy Sorter If there is one word that could describe the recent Connect Texas Multifamily conference’s first panel, it… Read more
Vehicular Homelessness Soars with Housing Prices
Although the U.S. Department of Housing and Urban Development doesn’t collect national data on vehicle residency, the category that includes… Read more
Coworking Poised for Significant Growth; Gateway Markets’ Inventory Could Triple
Coworking inventory has grown substantially over the past three years. In fact, half of all current U.S. coworking space has… Read more
George Smith Partners Secures $124M for Ohio MXU
Los Angeles-based George Smith Partners arranged $124.25 million in permanent financing for a roughly 560,000-square-foot, Class A, mixed-use retail and… Read more
ASU Expands into DTLA’s Historic Herald Examiner Building
Tempe, AZ-based Arizona State University signed a lease to open a downtown Los Angeles campus in the historic Herald Examiner… Read more
Investors Form Partnership on $1B Waldorf Astoria, Beverly Hilton
Alagem Capital Group formed an investment partnership with Cain International on a pair of Los Angeles properties, the Waldorf Astoria… Read more
DTLA Office Market Continues to Climb
Downtown Los Angeles’ commercial office leasing activity, average rent, and net absorption are all climbing steadily. The Downtown Center Business Improvement District’s (DCBID)… Read more
Plenty of Opportunities in Texas: Q&A with Passco’s Gary Goodman
Passco Cos.’ Gary Goodman recently spoke at Connect Media’s Connect Apartments Conference, which took place in Los Angeles. He’s also… Read more
Fast-Growing Storage Startup Leases IDI’s 8A Spec
Storage and moving services startup Clutter has inked a full-building lease with IDI Logistics at the newly-constructed 1065 Cranbury South… Read more
L’Oréal USA Opening 240K-SF Distribution Center at Tejon Ranch Commerce Center
Tejon Ranch Co. (TRC) signed a 240,000-square-foot lease with L’Oréal USA that will result in the relocation of SalonCentric, L’Oréal… Read more