Santa Monica
Cahuenga Corridor Retail Asset Trades for $61M
Santa Monica, CA-based Artisan Realty Advisors acquired Space 15 Twenty, a 40,000-square-foot retail property in Hollywood, CA, from Cahuenga Lofts LLC… Read more
$125M Rolling Hills Redevelopment Completed
Santa Monica, CA-based The Chadmar Group completed the $125-million redevelopment of Rolling Hills Country Club located at 1 Chandler Ranch Road… Read more
Arizona Power Center Acquired for $51M
SanTan Village Marketplace, a destination retail center located in Gilbert, AZ, has traded hands. An entity formed by Santa Monica,… Read more
Amazon Rings Hawthorne Bell for Home Security HQ
Ring, the $1-billion home security startup recently acquired by Amazon, plans to open a headquarters in Hawthorne, CA. The six-year-old… Read more
CREFC’s Lisa Pendergast on a Rising Rate Environment
Commercial real estate, and the availability of debt and equity that fuels activity in the sector, has reaped the benefits… Read more
What’s Driving Growth in South Los Angeles?
Affordability has been the biggest growth driver among 20 to 29 year-olds in South Los Angeles. Over the past 16… Read more
Boston Properties Acquiring Santa Monica Asset from Blackstone for $616M
Boston-based Boston Properties entered into an agreement to acquire Santa Monica Business Park, a 1.2-million-square-foot office park located in Santa Monica, CA,… Read more
NKF Closes $85M Bridge Financing for The Met Hollywood
NKF Capital Markets closed an $85-million, non-recourse, floating rate, first mortgage loan for The Met Hollywood, a mixed-use multifamily property… Read more
Arthur Coppola Stepping Down as Macerich CEO
Arthur Coppola plans to retire from his position as Chairman and CEO of the Macerich Company after 42 years of service at… Read more
BLT Completes Kearny Mesa Office, R&D, Flex Conversion
Santa Monica-based BLT Enterprises completed renovations of a 77,000 square-foot, two-story office building in the Kearny Mesa submarket of San… Read more
SoCal Investor Claims Carlsbad Golf Manufacturing Facility
Santa Monica, CA-based BLT Enterprises acquired a 166,310-square-foot industrial facility in San Diego’s Carlsbad submarket for $38.25 million. The manufacturing… Read more
Seritage, Invesco Partner on Former Sears MXU in Santa Monica
Seritage Growth Properties formed a joint venture partnership with Invesco Real Estate to own The Mark 302, a mixed-use redevelopment… Read more
Mass Equities, AECOM Partner on Denver MXU Development
Santa Monica, CA-based Mass Equities, Inc. (MEQ) and AECOM Capital formed a partnership for the development of MEQ’s 7.8-acre site… Read more
Snapchat Shrinking Venice Office Footprint
Snap Inc., the parent company of social messaging app Snapchat, is downsizing its Venice, CA office portfolio by putting roughly… Read more
Top Broker Honorees: Cresa’s Gerald Porter and Matthew Miller
Gerald Porter and Matthew Miller of Cresa Los Angeles closed leasing transactions totaling 2.3 million square feet of office space… Read more
$150M Lincoln Collection MF Launches in Santa Monica
Today is the last day to get the Early Bird rate for Connect Los Angeles. The conference is planned for March… Read more
Rising Inks Three Creative Occupiers at DTLA’s The CalEdison
Rising Realty Partners signed three leases at The CalEdison DTLA totaling 36,500 square feet of space at the historic Art… Read more
Douglas Emmett Obtains New $335M Loan, Pays Off Two Loans Totaling $426M
Connect Los Angeles is planned March 27th at the Hotel Indigo in DTLA. Here is where to get more information… Read more
Silicon Valley Office Campus Trades for $113M
Santa Monica, CA-based Vista Investment Group, in joint venture with an unnamed institutional money management firm, acquired Vasona Technology Park,… Read more