Los Angeles
Klabin Negotiates Deal for Truck and Container Yard Near Port of LA
The Klabin Company/CORFAC International negotiated the sale of a 38,038-square-foot truck and container yard at 336 E. D St. in Wilmington near the… Read more
Capital Markets Veteran Bill Fishel Comes to Newmark
Capital markets debt and structured finance veteran Bill Fishel has joined Newmark as executive vice chairman. Fishel specializes in raising… Read more
iBorrow Closes on Refi for Mixed Portfolio of LA Properties
iBorrow, a nationwide private direct lender for commercial real estate, closed on a $9.2-million loan to refinance a portfolio of three properties in… Read more
Trader Joe’s Acquires Palmdale Site for 1M-SF Distribution Center
GFI Realty Services closed on the $15.750-million sale of a 117.38-acre development site located in Palmdale. Trader Joe’s is constructing a 1.03-million-square-foot distribution facility on the… Read more
Gelt Venture Partners Promotes Josh Satin to Partner
Gelt Venture Partners has promoted Josh Satin to partner. Satin, who transitioned from a successful career in professional baseball as… Read more
Leasing Expert Marin Turney Rejoins JLL in LA
JLL has hired office leasing expert Marin Turney as EVP. Turney will specialize in representing office owners and tenants in Los Angeles County.… Read more
Faris Lee Arranges Pre-Sale of Oceanside Retail in 1031 Deal
Faris Lee Investments closed the pre-sale of a newly built Starbucks and Pacific Dental at Pacific Coast Plaza in Oceanside.… Read more
Chicago Leads Large Cities in Construction Cost Increases
Construction costs are rising faster in Chicago than they are in other big metropolitan areas, but slower than they were… Read more
BH Properties Sets Sights on $1B Affordable Housing Portfolio
BH Properties has launched a new investment initiative into affordable housing with a goal of ultimately building a $1-billion portfolio. The… Read more
Berkadia Helps Finance, Sell Denver-Area Apartment Community
Berkadia has arranged the sale and financing of Trailpoint on Highline, a 198-unit apartment community located in Aurora, Colorado. Berkadia’s… Read more
Silverstein Signs Brown & Riding at DTLA’s U.S. Bank Tower
Brown & Riding Insurance Services Inc., one of the largest wholesale insurance brokerage firms in the United States, signed a 10-year, 13,043-square-foot… Read more
LA City Council Exempts Affordable Projects from Site Plan Review
The Los Angeles City Council has voted to exempt affordable housing projects from the Site Plan Review process, which is… Read more
CIM Group Launches Development at West Angeles Church Campus
CIM Group was joined by Pastor Charles Blake II, pastor of West Angeles Church of God in Christ, and Los… Read more
Phase One of Koreatown Mixed-Use Reaches Completion
Cal-Coast Development Corp. and Rescore Property Corporation have completed phase one of The Rise Koreatown, a 688,000 square-foot, seven-story mixed-use residential and… Read more
Weekly People & Company News
Beginning this week, Connect CRE California will provide a roundup of hiring, promotion and company news from across the state… Read more
UCLA Acquires Historic Trust Building in DTLA
UCLA has acquired the Trust Building, an 11-story, 334,000 square-foot high-rise near Pershing Square in downtown Los Angeles, for an… Read more
Silverstein’s U.S. Bank Tower Completes Renovations to 54th Floor, Lobby
JRM Construction West completed a 12,000-square-foot demolition and renovation of the U.S. Bank Tower’s 54th floor and a 17,000-square-foot main… Read more