Los Angeles
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NAI Capital Welcomes LA Executive VP
Joseph Gabbaian specializes in sales, acquisitions and leasing of investment, user and redevelopment properties with a special emphasis on West Los Angeles and Santa Monica.
23 June 2017 09:31 -
Rexford Snags $36M SoCal Industrial Assets
The two fully leased properties are part of the South Bay and Orange County West submarkets, which had vacancy rates of 0.6 percent at the end of the first quarter of 2017.
22 June 2017 14:40 -
Kilroy Realty Taps CIO
Steve Rosetta will oversee the company’s strategic growth, including acquisition and disposition activities, with a specific focus on the company’s development opportunities and large office and life science transactions.
21 June 2017 16:00 -
Century City Office Asset Changes Hands
Harbor Associates shelled out $14.7 million for the property previously occupied by the Spanish Broadcasting System. The new owner plans a comprehensive rebranding and renovation program.
21 June 2017 10:32 -
LA Clippers Zoning in on Inglewood for New Arena
The basketball team and the City of Inglewood have entered into a three-year exclusive negotiating agreement to explore building a new stadium, training facilities and team offices on a 20-acre site opposite the future Rams stadium.
19 June 2017 13:59 -
Mega-Reuse Project Moves Forward in LA
HFF worked on behalf of Atlas Capital and Square Mile to orchestrate a partial sale and refinancing for Row DTLA, a 1.8 million-square-foot redevelopment of a former industrial site in the Arts District.
19 June 2017 12:45 -
Greater LA Retail Center Lands $125M Refi
Federal Realty is using the loan for Plaza El Segundo, a 380,558-square-foot shopping mall comprising 13 buildings in the South Bay community.
16 June 2017 12:50 -
NKF Adds LA Managing Director
Alex Bergeson specializes in landlord agency office leasing, tenant representation and investment sales. He joins from CBRE, where he managed a 1.5-million-square-foot office portfolio.
15 June 2017 14:48 -
CBRE Secures 1031 Exchange Buyer for LA MOB
The 18,984 square-foot property changed hands for $5.4 million and is fully leased on a long-term basis to Avanti Hospitals.
15 June 2017 13:17 -
Brookfield Acquires $440M Interest in Downtown LA Asset
The California Market Center is home to fashion industry showrooms, creative office spaces, event venues, fitness studios and beauty salons. the property was the first wholesale fashion showroom to open its doors on the West Coast.
14 June 2017 14:14 -
Lee & Associates Arranges Sale of Van Nuys Film Studio
Esh Holder acquired the property for around $8.8 million in the tight Van Nuys submarket, which has an industrial vacancy rate below 1 percent.
09 June 2017 16:40 -
Quantum Capital Secures $50M Retail Refi
The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.
08 June 2017 17:15 -
Faris Lee Arranges $13M LA-Area Starbucks, CVS Sale
The sale price represented a cap rate of around 4.7 percent, which is the lowest for two freestanding pads sold in Southern California in 2017.
07 June 2017 15:16 -
Cypress West Gains Management of Cali Medical Center
Cotton Medical Center is an 115,000-square-foot medical office complex in Pasadena, Calif. The owner, Meridian has invested $5 million in capital improvements to the property which was purchased in 2016 for $37.5 million.
07 June 2017 15:03 -
NGKF Brokers $59M Anaheim Office Building Sale
The property consists of an eight-story office building and a six-level parking structure. The sale was involved in a 1031 tax deferred exchange. NGKF Capital Markets represented both the seller and the buyer in the transaction.
07 June 2017 14:49