Los Angeles
Foreclosed DTLA Offices Will Serve as New Owner’s Headquarters
Lee & Associates finalized the $18-million sale of a four-story, 86,459-square-foot building at 777 E. 10th Street in Los Angeles.… Read more
OC Industrial: Highest Rents, Lowest Vacancies in SoCal
Orange County achieved the lowest industrial vacancy and the highest rents in Southern California by the end of 2023, JLL… Read more
Greenlane JV Plans EV Charging Corridor Between LA and Vegas
Greenlane, a joint venture between Daimler Truck North America LLC, NextEra Energy Resources, LLC, and BlackRock, said Wednesday it would develop its first… Read more
AFIRE Survey Ranks LA, DC as Top U.S. Markets for CRE Investment
Los Angeles, Washington, DC, Seattle, Dallas and New York City are the top U.S. cities for investment in 2024, according to… Read more
EVgo Completes Four Sale-Leasebacks for Electric Vehicle Charging Hubs
SLB Capital Advisors, a real estate advisory firm focused on executing sale-leasebacks for corporations and sponsors, arranged four leasing transactions… Read more
Lowe Taps Martin Caverly to Lead Greater LA Activities
Real estate investment, development and management firm Lowe has tapped Martin Caverly to lead the company’s commercial and multifamily real estate… Read more
Nonprofit Sells Hollywood Headquarters to Another Nonprofit
Los Angeles Beautification Team, a nonprofit dedicated to community improvement, has sold its 6,743-square-foot office building, located at 1741 N.… Read more
Chicago, Midwest | Weekly People & Companies for March 22
Waterton, a national real estate investor and operator, has hired Erick Harris as executive vice president & general Counsel. Harris… Read more
Sunjoint Commences Mixed-Use Project in San Gabriel Valley
Sunjoint Development has started construction on the Terraces at Walnut, a 49-acre mixed use development located on Valley Boulevard in Walnut,… Read more
Members-Only Wellness Club to Open in Greenwich Village
Continuum, a luxury wellness club, will open its first location at The Archive in NYC’s Greenwich Village in early May, New… Read more
$1B Office Tower Proposal Aimed at Entertainment Industry
The owner of the property at 6601 Sunset Blvd., Los Angeles investor and developer Maggie Miracle, has doubled down on… Read more
Del Ray Lines Up Construction Loan on LA Project in Mid-Process
Del Ray Realty secured a $3,000,000 construction loan for a two-unit single-family development project at 1943-1945 Pinehurst Rd. in Los Angeles,… Read more
Newmark Names Nick DiPaolo Southwest Market Leader
Newmark has promoted Nick DiPaolo to EVP, regional managing director, Southwest market leader. Based in Los Angeles, DiPaolo will oversee… Read more
BakerHostetler Relocates LA Office to Century City
Law firm BakerHostetler has relocated its Los Angeles office to 1900 Ave. of the Stars in Century City. Spanning nearly 40,000… Read more
Hanley Arranges Sales of 7-Eleven, Starbucks in Merced
Hanley Investment Group Real Estate Advisors arranged the sale of two brand-new construction, single-tenant properties occupied by a 7-Eleven convenience store… Read more
Greg May and Newmark Part Ways
(Updated with additional information) Greg May, West Region market leader for Newmark, has been let go from the company, Connect… Read more
ShainRealty Capital Divests Chicago Apartments for $11M
ShainRealty Capital, a Los Angeles privately-owned real estate investment firm, has sold a 96-unit Chicago apartment building, known as Madison… Read more
Montebello Warehouse Will Serve as Tenant’s First U.S. “Last Mile” Facility
DAUM Commercial Real Estate Services completed the lease of a 2.2-acre industrial property with a 54,648 square-foot freestanding Class A logistics… Read more