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Beverly Hills BMW Dealership Property Sells for $70 Million
News 1 day ago
Beverly Hills BMW Dealership Property Sells for $70 Million

The Beverly Hills BMW property has sold for $70 million in a deal announced Aug. 19 by Matthews Real Estate Investment Services. The roughly 339...

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Multifamily Project in South Gate Gets $80 Million Loan
News 1 day ago
Multifamily Project in South Gate Gets $80 Million Loan

Developer JPI has received $80 million for the construction of Jefferson on Imperial, a 244-unit luxury multifamily community in South Gate. The...

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Hacienda Heights Multifamily Building Sells for $34 Million
News 5 days ago
Hacienda Heights Multifamily Building Sells for $34 Million

Sagewood Gardens, a 162-unit senior living community in Hacienda Heights, has sold for $34.4 million. The Mogharebi Group's Alex Mogharebi and Otto...

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Rare Office Building in Hermosa Sells
News 6 days ago
Rare Office Building in Hermosa Sells

Increasingly scarce office properties near the beach are selling at a premium. The Bijou Building, a roughly 23,000-square-foot building in Hermosa...

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Renowned Malibu Real Estate Agent Joins Real Estate Tech Firm Compass
News 1 week ago
Renowned Malibu Real Estate Agent Joins Real Estate Tech Firm Compass

Chris Cortazzo, one of L. A.'s leading real estate agents, is joining real estate technology firm Compass. Cortazzo was previously with Coldwell...

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Los Angeles Business Journal
News 2 weeks ago
Los Angeles Business Journal

L. A.'s coworking market is booming. Coworking giant WeWork Cos. Inc. has signed seven leases since Jan. 1. IWG-owned Spaces signed two leases in...

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Whole Foods Coming to Cumulus West Adams Development
News 2 weeks ago
Whole Foods Coming to Cumulus West Adams Development

West Adams is getting a Whole Foods. The grocer has signed a lease for 50,000 square feet at Carmel Partners' Cumulus development at 3321 La...

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Seagrove Property Group Sells Ground Lease at Glendora Commons to Foreign Investor
News 2 weeks ago
Seagrove Property Group Sells Ground Lease at Glendora Commons to Foreign Investor

Seagrove Property Group has sold a leasehold interest at Glendora Commons - a nearly 42,000-square-foot retail center anchored by an Aldi grocery...

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Housing Authority Files Plans for 185-Unit Development
News 2 weeks ago
Housing Authority Files Plans for 185-Unit Development

The Housing Authority of the City of Los Angeles has filed plans to demolish a 100-unit affordable housing complex and build a new development with...

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Coliving Club Upstart Raising Funding, Adding Locations
News 3 weeks ago
Coliving Club Upstart Raising Funding, Adding Locations

The lack of affordable housing options in major cities has led to a new housing trend known as coliving. Residents rent bedrooms in coliving units...

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Los Angeles Business Journal
News 3 weeks ago
Los Angeles Business Journal

Downtown's second quarter office vacancy rate fell to 15.9%, down from 16.2% the previous year and quarter. Average Class A asking rents rose to $3...

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Retail Portion of Mixed-use Burbank Complex Sells for $27 Million
News 3 weeks ago
Retail Portion of Mixed-use Burbank Complex Sells for $27 Million

Brentwood-based GPI Cos. has sold the retail portion of the Burbank Collection, a mixed-use development in Burbank that houses condos as well as a...

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Industrious Expands to One Colorado in Pasadena
News 4 weeks ago
Industrious Expands to One Colorado in Pasadena

Coworking chain Industrious is working with landlord ShopCore Properties to develop a 27,000-square-foot coworking location at One Colorado, a...

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Los Angeles Business Journal
News 1 month ago
Los Angeles Business Journal

Assessed property valuations in Los Angeles County grew 6.3% last year to a records $1.6 trillion, led by construction for the National Football...

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Sterling Buys Two Melrose Retail Sites
News 1 month ago
Sterling Buys Two Melrose Retail Sites

Real estate investor Sterling Organization has acquired a two-building retail portfolio at the intersection of Melrose Avenue and Melrose Place in...

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Office Buildings Pull  in Record Sale Prices
News 1 month ago
Office Buildings Pull in Record Sale Prices

A pair of building sales that carried high per-square-foot price tags were announced July 15, providing further proof that L. A.'s office market...

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Miro Signs 7K SF Lease for US Headquarters in the Arts District
News 1 month ago
Miro Signs 7K SF Lease for US Headquarters in the Arts District

Russia-based collaboration platform Miro has signed a lease for 7,178 square feet at ROW DTLA in the Arts District. It will be the group's U. S....

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Construction Wraps  on Long Beach Center
News 1 month ago
Construction Wraps on Long Beach Center

Development is booming in Long Beach on everything from housing and commercial projects to new civic infrastructure. Later this month, the bayside...

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Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties
News 1 month ago
Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties

Sterling Organization has acquired a two-building retail portfolio at the intersection of Melrose Avenue and Melrose Place in West Hollywood for ...

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WeWork Signs 30th LA Lease at Wilshire Courtyard
News 1 month ago
WeWork Signs 30th LA Lease at Wilshire Courtyard

Coworking giant WeWork Cos. Inc. has signed a lease for more than 135,000 square feet across four floors at Wilshire Courtyard in Miracle Mile. The...

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Cinema Prop House Signs $27 Million Lease Downtown
News 1 month ago
Cinema Prop House Signs $27 Million Lease Downtown

Omega Cinema Props Inc. has signed a 245,000-square-foot lease for an industrial facility downtown in a deal valued at $27 million. The company,...

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Office Building Leased to Boeing Sells for $51 Million
News 1 month ago
Office Building Leased to Boeing Sells for $51 Million

A 200,000-square-foot campus in El Segundo sold for $50.8 million, brokerages Newmark Knight Frank and CBRE Group Inc. announced July 18. The two...

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LA Outpaces California on Hotel Construction
News 1 month ago
LA Outpaces California on Hotel Construction

It's been a record-setting year for hotel construction in California and L. A. County is outpacing the rest of the state, according to data from...

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Cedars-Sinai $15 Million Grant Addresses Homelessness
News 1 month ago
Cedars-Sinai $15 Million Grant Addresses Homelessness

Cedars-Sinai is contributing $15 million to address homelessness. The money will go to 108 nonprofit groups that work on housing stability,...

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Price Architects Joins Global Firm HKS
News 1 month ago
Price Architects Joins Global Firm HKS

Two prominent L. A. architecture and design firms are combining forces. Price Architects Inc. has joined HKS Architects, the firms announced July...

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Cedars-Sinai $15 Million Grant Addresses Homelessness
News 1 month ago
Cedars-Sinai $15 Million Grant Addresses Homelessness

Cedars-Sinai is contributing $15 million to address homelessness. The money will go to 108 nonprofit groups that work on housing stability,...

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WeWork Signs 30th LA Lease at Wilshire Courtyard
News 1 month ago
WeWork Signs 30th LA Lease at Wilshire Courtyard

Coworking giant WeWork Cos. Inc. has signed a lease for more than 135,000 square feet across four floors at Wilshire Courtyard in Miracle Mile. The...

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Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties
News 1 month ago
Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties

Sterling Organization has acquired a two-building retail portfolio at the intersection of Melrose Avenue and Melrose Place in West Hollywood for ...

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L.A. County Assessed Property Valuations Pass $1.6 Trillion, Led by Inglewood’s NFL Stadium
News 1 month ago
L.A. County Assessed Property Valuations Pass $1.6 Trillion, Led by Inglewood’s NFL Stadium

Assessed property valuations in Los Angeles County grew 6.3% last year to $1.6 trillion, led by the NFL stadium construction in Inglewood, the...

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Construction Wraps  on Long Beach Center
News 1 month ago
Construction Wraps on Long Beach Center

Development is booming in Long Beach on everything from housing and commercial projects to new civic infrastructure. Later this month, the bayside...

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