Los Angeles
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JV Acquires Los Angeles Creative Office Building
Newcastle Partners and Westport Capital Partners formed a joined venture to acquire a 40,000-square-foot asset in Los Angeles’ Jefferson Corridor submarket.
17 July 2017 07:11 -
Rexford Industrial Takes 3, Sells 1
The $71.5 million buy in the Los-Angeles area and Inland Empire brings the company’s 2017 industrial acquisition volume to more than $282 million.
14 July 2017 12:58 -
Westwood Taps Acquisitions SVP After $1.2B Restructuring
Brackenridge brings over 25 years of real estate investment expertise focused on grocery-anchored shopping centers and will oversee the expansion of the company’s retail portfolio.
14 July 2017 10:31 -
Netflix Expands in Hollywood
Hudson Pacific Properties facilitated the deal. To date, the two companies have teamed on more than 560,000 square feet of office space.
14 July 2017 08:46 -
Rubicon Sells LAX 596-Key Hotel Portfolio
The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.
13 July 2017 16:31 -
Hanley Completes LA Fitness Sale
The single-tenant net lease property in Montebello, Calif., has been a health club destination for 28 years, with LA Fitness taking over a former Bally's.
13 July 2017 11:06 -
Terreno Nabs $15M Santa Fe Springs Industrial Property
The company has remained active in the Greater Los Angeles area, following the acquisition of a Gardena industrial asset and the sale of a development project in Whittier.
11 July 2017 13:16 -
Credit Suisse Snags LA Office Building
The Swiss company paid $59 million to acquire the Class A property in Glendale, Calif., from a joint venture between Lincoln Property Co. and Morgan Stanley.
11 July 2017 09:19 -
Laramar Opens Los Angeles HQ
The company will use the 3,100-square-foot asset for its Local platform, which deals with smaller properties. The new branch will focus on Koreatown, West Hollywood, and Echo Park residential assets.
06 July 2017 10:32 -
CBRE Arranges Long Beach MOB Sale
The 26,293-square-foot property changed hands for $6.5 million and was 91 percent occupied at the time of the transaction by a variety of tenants.
05 July 2017 11:23 -
Olive Hill to Redevelop Silicon Beach Office Campus
The redevelopment program will focus on creating new amenities, such as a new gym, a food truck loading zone and a bocce ball court. Olive Hill Group will also rebrand the two-building asset.
03 July 2017 16:03 -
LA: Affordable Housing Wanted
Continued improvement in the area’s job market and a steady household creation maintain rent growth in contrast to the nationwide cooling trend, Yardi Matrix data shows.
03 July 2017 09:29 -
Easterly Government Closes $128M Medical Financing
The 10-year non-amortizing loan is for the Department of Veterans Affairs Ambulatory Care Facility, located in Loma Linda, Calif. The asset was recently acquired by Easterly Government Properties.
30 June 2017 11:29 -
George Lucas Museum Gets Green Light
Designed by MAD Architects, the Lucas Museum of Narrative Art will feature an estimated 100,000 square feet of gallery space. The landmark will house a collection illustration, photography, film, animation and digital art.
30 June 2017 07:58 -
JV Acquires Historic LA Office Building
This transaction marks the second Los Angeles acquisition for Arc Capital Partners and Belay Investment Group. Bestor Architects and The Assembly Group will handle the building's repositioning.
29 June 2017 16:30