Los Angeles Commercial Real Estate News

Dana Brody Joins Marcus & Millichap as SVP

By Connect CRE | February 28, 2020Dana Brody has joined Marcus & Millichap's Encino, CA office as senior vice president, investmen...Read more

Rexford-_-Industrial-_-Los-Angeles-_-635-8th-St-Cover-_-San-Fernando-1.jpg

Rexford Brings 592K-SF San Fernando Business Center to 100% Occupancy

By Connect CRE | February 28, 2020Following a recent 25,000-square-foot lease with 1st Choice Delivery, LLC, Rexford Industrial Realty...Read more

Multifamily-_-Bridge-Loan-_-West-Los-Angeles-_-California.jpg

BridgeCore Funds $11M for Apartment Upgrade/Cash Out

By Connect CRE | February 27, 2020Beverly Hills-based BridgeCore Capital has funded a $10.9 million cash-out bridge loan for a West Lo...Read more

Trammel-Crow-_-Clarion-Partners-_-The-Center-at-Needham-Ranch-_-Industrial-_-Los-Angeles-_-Santa-Clarita-_-California-1.jpg

Trammell Crow Completes 385K SF of Industrial at Needham Ranch

By Connect CRE | February 26, 2020Partners Trammell Crow Company (TCC) and Clarion Partners have completed construction for two new bu...Read more

Multifamily-_-410-N.-Rossmore-_-Los-Angeles-_-California-1.jpg

Rare Hancock Park Multifamily Sale Nets $29M

By Connect CRE | February 25, 2020Marcus & Millichap’s Institutional Property Advisors (IPA) has completed the sale of a 78-unit...Read more

Birtcher-Anderson-_-Industrial-_-Los-Angeles-_-11077-Rush-St-_-El-Monte-_-California.jpg

Birtcher Anderson JV Acquires El Monte Industrial for $20M

By Connect CRE | February 24, 2020A joint venture of So Cal's Birtcher Anderson Realty and Maryland-based Alex Brown Realty has acquir...Read more

LAEDC Releases Tepid 2020/2021 Forecast

By Connect CRE | February 21, 2020According to the just-released Los Angeles County Economic Development Corporation forecast for 2020...Read more

Drawbridge-_-Net-Lease-_-Los-Angeles-_-31303-Agoura-Rd-_-Westlake-Village-_-California-1.jpg

Westlake Bank of America Campus Trades to Drawbridge

By Connect CRE | February 20, 2020San Francisco’s Drawbridge Realty has acquired a two-story, 253,720-square-foot single tenant offi...Read more

George Smith Partners Adds Davies to Executive Committee

By Connect CRE | February 19, 2020L.A.-based George Smith Partners (GSP) has promoted principal and managing director Malcolm Davies t...Read more

Agence-Ter-_-Pershing-Square-Redesign-_-DTLA-_-Los-Angeles-_-California.jpg

$110M Pershing Square Redevelopment Funded for Initial Phases

By Connect CRE | February 18, 2020The $110-million redevelopment of DTLA’s Pershing Square is commencing with a phased 10-year plan,...Read more

DTLA Delivers 4,500 Residences in 2019 for Record Year

By Connect CRE | February 14, 2020The report card is in, and the Downtown Center BID 2019 Year End report shows a record-setting 4,447...Read more

Santa-Fe-Springs-Promenade-_-Bank-of-America-_-Retail-_-Tenant-_-Los-Angeles-_-Santa-Fe-Springs-_-California-1.jpg

Kidder Mathews Closes 112K-SF Retail Acquisition for $32M

By Connect CRE | February 13, 2020A local family investor has acquired a 111,925-square-foot shopping center located at 11452-11568 Te...Read more

IDI-_-Industrial-_-Los-Angeles-_-19145-Gramercy-Place-_-Torrance-_-California-1.jpg

IDI Logistics Buys Torrance Industrial for $22M

By Connect CRE | February 12, 2020Atlanta-based IDI Logistics has purchased a 108,186-square-foot industrial investment property at 19...Read more

The-Trees-_-Palos-Verdes-Management-Company-_-Los-Angeles-_-18427-Studebaker-Road-_-Cerritos-_-California-1.jpg

Palos Verdes Mgmt. Buys Cerritos Multifamily for $49M

By Connect CRE | February 11, 2020L.A.-based Palos Verdes Management Company has acquired a 150-unit multifamily property in Cerritos,...Read more

IMT’s Icon Greenlit for Sherman Oaks MXU

By Connect CRE | February 10, 2020L.A.-based developer IMT Residential's plans to deliver a mixed-use redevelopment including multifam...Read more

Amoeba Stays Hollywood… Signs on Blvd

By Connect CRE | February 07, 2020Iconic music retailer and "occasional" live appearance pop-up Amoeba Records has confirmed it will r...Read more

Multifamily-_-Los-Angeles-_-Affordable-Housing-_-2033-2101-Virginia-_-Santa-Monica-_-California.jpg

Non-Profit Purchases Santa Monica Multifamily for $14 Million

By Connect CRE | February 06, 2020A non-profit developer has acquired a 40-unit Santa Monica, CA apartment complex with an adjacent va...Read more

Klabin-_-Industrial-_-Los-Angeles-_-18910-Wilmington-Ave.-_-Rancho-Dominguez-_-California.jpg

Klabin Leases 115K SF at Rancho Dominguez Industrial Campus

By Connect CRE | February 05, 2020L.A.-based The Klabin Company/CORFAC International today announced it represented ownership in three...Read more

Weingarten-_-Retail-_-8000-Sunset-Blvd-_-Los-Angeles-_-California-1.jpg

Weingarten Signs Redpill VR for 8000 Sunset Strip Debut

By Connect CRE | February 04, 2020Weingarten Realty (NYSE: WRI) has signed Redpill VR to a 5,664-square-foot lease at the company’s ...Read more

Rising-Realty-_-The-Trust-Building-_-Office-_-LEED-Gold-_-DTLA-_-Los-Angeles-_-California.png

DTLA’s Historic Trust Building Earns LEED Gold

By Connect CRE | February 03, 2020Rising Realty Partners and Lionstone Investments have secured USGBC LEED Gold certification for the ...Read more

STAY INFORMED

Los Angeles