Los Angeles
Canadian Trio Forms Investment JV for $1B US Industrial Play
WPT Industrial Real Estate Investment Trust, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corporation (AIMCo) formed a… Read more
Splunk Stays Put at Kilroy’s SoMa Portfolio
Los Angeles-based Kilroy Realty Corporation signed a 12-year lease with a Splunk Inc. for 100,850 square feet of office space at… Read more
Hudson Pacific Sells San Mateo Office Campus for $210M
Los Angeles-based Hudson Pacific Properties, Inc. divested the remaining six buildings of Peninsula Office Park in San Mateo, CA for… Read more
Where are Opportunities in Retail Today?
By Dennis Kaiser The recent rally in net operating income (NOI) growth reflects stable property fundamentals and improving financial metrics… Read more
Hotel Construction Rises to Blistering Pace
Despite rising construction costs, California hotel development continues at a blistering pace. The latest research by Irvine, CA-based Atlas Hospitality… Read more
Ben Symons Joins Lendlease LA Team
Lendlease expanded its SoCal team with the appointment of Ben Symons (pictured) as General Manager of its construction business in Los Angeles.… Read more
Jerry Lynch Joins ING to Lead West Coast Push
New York-based ING Capital LLC expanded its Real Estate Finance team to the West Coast with the addition of Jerry N.… Read more
Dedeaux Divests 7-Building Echelon Business Park in Industry for $50M
Los Angeles-based Dedeaux Properties and its joint venture partner sold all seven industrial buildings at the recently-completed 246,543-square-foot Echelon Business… Read more
Hoover Dam’s “Once in a Century Moment” for Energy Storage
Hoover Dam, generally regarded as one of the last century’s engineering marvels, was built to provide hydroelectric power. Now the… Read more
Rexford Snags Pair of SoCal Facilities for $20M
Los Angeles-based Rexford Industrial Realty, Inc. acquired a pair of SoCal properties for a combined $20.3 million. The industrial assets… Read more
California Commercial Real Estate Market Trends Hold Steady
Despite tax cuts and incentives, tariffs, higher interest rates, higher cap rates, and slowing employment growth, the outlook for California… Read more
DTLA MF Development Site Acquired for $24M
Realm Group, LLC acquired a 1.7-acre land parcel in the Fashion District of DTLA for $24.250 million. The site is… Read more
Production Company Pulls Up SoHo Stakes in Move to Industry City
Animation house Buck is relocating from SoHo to Industry City in Brooklyn’s Sunset Park, more than doubling its footprint. The… Read more
Spec MOB Planned in DTLA
Robhana Group and Inception Property Group plan to develop a speculative 48,000-square-foot medical office building in DTLA. The same partnership… Read more
Standard Companies Places Bet on North Side Multifamily
Los Angeles-based Standard Companies has placed a bet on continuing momentum in North Side multifamily, buying Lakeview 3200 for an… Read more
Bow West Capital Revitalizes Historic DTLA Building for Cannabis-Related Companies
Santa Monica-based Bow West Capital is redeveloping “Green Street,” a seven-story building at 718 South Hill St. in DTLA as… Read more
California Office Sales Rebound in Q2
It is not surprising to learn 85% of California’s nearly $5 billion in Q2 sales volume was amassed in Los… Read more
U.S. Crane Title Remains in Emerald City
Seattle retained its crown as the crane capital of America, a distinction it has held for the past three years.… Read more
Peak Season Hits Early, California Port Cargo Surges
Container volumes at California’s two biggest ports, Los Angeles and Long Beach, jumped 8.4% in June compared to a year… Read more