Los Angeles
European Footware Retailer Steps into 50K SF in SW Houston
Houston-based Sanita Footwear signed a 50,000-square-foot lease extension at Westhollow Distribution Center in the southwest industrial submarket of Houston. The… Read more
Playboy Mansion Completes Record Sale for $100M
Daren Metropoulos, a principal at investment firm Metropoulos & Co., closed a $100-million acquisition of the Playboy Mansion. Hugh Hefner,… Read more
CBRE Report Shows LA CRE Investments Buck National, Global Trends
By Dennis Kaiser Commercial real estate transactions in Los Angeles climbed 8.7% in the first half of the year, as… Read more
LA’s $350M Soccer Stadium Set to Launch
A formal ground breaking is slated later this month for Los Angeles Football Club’s (LAFC) $350-million, 22,000-seat soccer stadium in… Read more
Legacy, Resmark Team Up on Another MF Project
Bay Area-based Legacy Partners and Los Angeles-based The Resmark Companies are joining forces again to develop a 168-unit apartment project… Read more
Hanley, Voit Collaborate on Record Retail Sale
Orange County-based The Beacon Group, Inc., sold a single-tenant net-leased coastal property in Redondo Beach, CA, occupied by Petco, to… Read more
CIM Starts 34-Story Residential Tower in DTLA
Los Angeles-based CIM Group commenced construction of a 34-story apartment tower with 6,000 square feet of ground-floor retail space and… Read more
CBRE Predicts LA Creative Office Demand Will Soar
Current occupants, technology, creative and co-working tenants could drive as much as 44 million square feet of new creative office… Read more
CityView Closes $150M Multifamily Investment Fund
Los Angeles-based CityView closed CityView Western Fund I, L.P., a $150-million equity fund that invests in multifamily housing in select… Read more
Transformational South LA Project Approved
The LA Planning Commission approved The Reef, PHR LA Mart LLC’s proposed mixed-use project that includes more than one-million square… Read more
ICON MXU Proposed at Former Sunkist Growers HQ Site
IMT Residential proposed ICON, a mixed-use redevelopment project at the historic 8.3-acre former HQ of Sunkist Growers in Sherman Oaks,… Read more
Tribune Sells LA Times Building, Olympic Printing Plant
Tribune Media agreed to sell Times Mirror Square and the Olympic Printing Plant in DTLA to Canada’s Onni Group for… Read more
Kilroy Disposes of Carlsbad Land, Now Planned for Industrial Campus
San Diego-based Badiee Development acquired two land parcels in Carlsbad, CA totaling 8.4 acres for $6 million from Los Angeles-based… Read more
Bernards Completes The Camden in Hollywood
Los Angeles-based Bernards completed construction of The Camden, a 287-unit, mixed-use urban infill project at 1540 North Vine Street in… Read more
Berkadia Completes $10M Van Nuys Development Site Deal
Berkadia completed the $10.1-million sale of a development site in Van Nuys, CA. The land was acquired, in an all-cash… Read more
$600 Million LACMA Renovation Paints a New Picture for Wilshire Blvd.
The Los Angeles County Museum of Modern Art (LACMA) has created a website to display its plans for a proposed… Read more
Universe Acquires San Bernardino MF for $41M
Los Angeles-based Universe Holdings acquired Acacia Park, a 304-unit apartment community in San Bernardino, CA for $41-million. A controlling interest… Read more
TOD MXU Breaks Ground in DTLA
High Street Residential, an affiliate of Dallas-based Trammell Crow Company, in partnership with Principal Real Estate Investors and The Cesar… Read more
Nevada Retail Pad Portfolio Trades for $16M
A six-property retail portfolio in Henderson, NV, dubbed Eastern Marketplace Portfolio, has sold to 3D Investments LLC of Beverly Hills,… Read more