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Commercial Real Estate Awards Honors Valley's Best
News 2 weeks ago
Commercial Real Estate Awards Honors Valley's Best

San Fernando Valley Business Journal handed out its Commercial Real Estate Awards Thursday night during a dinner event held at the Hilton Woodlands...

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Glendale Rent Rules Rub Landlords Wrong Way
News 3 weeks ago
Glendale Rent Rules Rub Landlords Wrong Way

Apartment owners and Glendale city officials are engaged in a struggle to balance and owner's and renters' rights after the City Council adopted...

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Four-Story Residential Complex Proposed in Sun Valley
News 3 weeks ago
Four-Story Residential Complex Proposed in Sun Valley

Nonprofit developers Meta Housing Corp. and Western Community Housing have proposed an affordable housing development in Sun Valley, according to...

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Thousand Oaks Shopping Center Sells for $14.4 Million
News 3 weeks ago
Thousand Oaks Shopping Center Sells for $14.4 Million

Los Angeles-based real estate investment company Agora Realty & Management has acquired the Thousand Oaks shopping center called Office Depot Plaza...

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Kaiser Permanente Renews Lease in Valencia
News 3 weeks ago
Kaiser Permanente Renews Lease in Valencia

Kaiser Permanente has renewed its lease for nearly 11,000 square feet of medical office space in Valencia. Located at 27201 Tourney Road, the...

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CBRE Names Evans Managing Director of North L.A. Region
News 3 weeks ago
CBRE Names Evans Managing Director of North L.A. Region

Chalvis Evans is managing director of CBRE Group Inc.'s North Los Angeles region, which includes offices in Glendale, Woodland Hills and Oxnard,...

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Thousand Oaks Shopping Center Sells for $14.4 Million
News 3 weeks ago
Thousand Oaks Shopping Center Sells for $14.4 Million

Los Angeles-based real estate investment company Agora Realty & Management has acquired the Thousand Oaks shopping center called Office Depot Plaza...

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New Senior Development Proposed in Sherman Oaks
News 4 weeks ago
New Senior Development Proposed in Sherman Oaks

Nonprofit developer Mercy Housing has filed an application with Los Angeles Planning Department to construct 55 units of senior affordable housing...

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B. Riley Subsidiary to Handle Liquidation for Payless Shoes
News 1 month ago
B. Riley Subsidiary to Handle Liquidation for Payless Shoes

Great American Group, a subsidiary of B. Riley Financial Inc. in Woodland Hills, will operate store closing sales at all Payless ShoeSource...

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Payless to Close 2,100 Stores, Including 18 in Valley region.
News 1 month ago
Payless to Close 2,100 Stores, Including 18 in Valley region.

Payless ShoeSource is set to close 2,100 locations in the United States and Puerto Rico, including 18 stores in the greater Valley region. The...

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Wesco to Close Warehouse, Cut More Than 200 Jobs
News 1 month ago
Wesco to Close Warehouse, Cut More Than 200 Jobs

Wesco Aircraft Holdings Inc. is shutting down a distribution warehouse in Valencia, resulting in the elimination of more than 200 jobs. Wesco, an...

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Developer Seeks to Build 432 Apartments in NoHo
News 1 month ago
Developer Seeks to Build 432 Apartments in NoHo

A developer wants to build 432 apartments as part of a proposed residential and retail complex in North Hollywood. According to a Department of...

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Realty Firm Acquires Chatsworth Apartments for $15.2 Million
News 1 month ago
Realty Firm Acquires Chatsworth Apartments for $15.2 Million

Land Mark Realty & Property Management has acquired the Chatsworth Place apartments, totaling 64 units and split between 9919 DeSoto Ave. and 9947...

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Economic Breakfast Sees 'Uncharted Territory' Ahead
News 1 month ago
Economic Breakfast Sees 'Uncharted Territory' Ahead

Rotary Club of Thousand Oaks and California Lutheran University presented the 2019 Economic Outlook Forecast Breakfast on Friday at Cal Lutheran's...

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PennyMac Mortgage to Sell 7 Million Shares in Offering
News 1 month ago
PennyMac Mortgage to Sell 7 Million Shares in Offering

PennyMac Mortgage Investment Trust plans to raise capital by 7 million of its shares, the company announced Monday. The Westlake Village company,...

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Forecast: National Economy, Local Real Estate Stay Strong
News 1 month ago
Forecast: National Economy, Local Real Estate Stay Strong

The economy may be showing signs of a slowdown, but the underlying fundamentals are strong. That was the takeaway from City National Bank's...

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Former Farmers Insurance Building in Simi Valley Ready for Mixed-use Makeover
News 1 month ago
Former Farmers Insurance Building in Simi Valley Ready for Mixed-use Makeover

An Orange County developer will purchase the former headquarters of Farmers Insurance in Simi Valley with an eye toward razing the office building...

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Tarzana Corner to Host Creative Office Campus
News 1 month ago
Tarzana Corner to Host Creative Office Campus

Cushman & Wakefield and Colliers International announced that 18362-18424 Oxnard St. in Tarzana is slated for redevelopment into a creative office...

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High Rents Prompt Relocation for Horror Store
News 1 month ago
High Rents Prompt Relocation for Horror Store

Horror-themed novelty shop Dark Delicacies has raised more than $30,000 through an online crowdfunding campaign to relocate the business from...

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East Valley Still Outperforms in Office Market
News 1 month ago
East Valley Still Outperforms in Office Market

According to brokers working the office and industrial real estate markets, 2018’s fourth quarter conveyed a bright picture, although office...

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Soundstage Company Signs $7.7 Million Lease in Valencia
News 2 months ago
Soundstage Company Signs $7.7 Million Lease in Valencia

Entertainment industry provider Triscenic Production Services Inc. has leased an industrial building in Valencia for $7.7 million, according to an...

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Developer Secures $190 Million for 480-Unit Apartment Project in Santa Clarita
News 2 months ago
Developer Secures $190 Million for 480-Unit Apartment Project in Santa Clarita

Rendering of Jefferson Vista Canyon project at 17350 Humphreys Parkway in Santa Clarita. Multifamily developer Jefferson Properties Inc. has...

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B. Riley Subsidiary Liquidates Gymboree Stores
News 2 months ago
B. Riley Subsidiary Liquidates Gymboree Stores

Great American Group LLC, a subsidiary of Woodland Hills-based B. Riley Financial Inc., has begun liquidation sales at all 798 Gymboree and Crazy 8...

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Valley Multifamily Portfolio Sells for $29.5 Million
News 2 months ago
Valley Multifamily Portfolio Sells for $29.5 Million

Real estate brokerage Marcus & Millichap has completed negotiations on the $29.5 million sale of an apartment portfolio with nine separate...

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West Hills Office Campus Sells for $160 Million
News 2 months ago
West Hills Office Campus Sells for $160 Million

In one of the San Fernando Valley’s largest commercial real estate deals in recent memory, Kennedy Wilson has purchased an 80-acre West Hills...

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Santa Clarita Studios Leases Warehouse in Valencia
News 2 months ago
Santa Clarita Studios Leases Warehouse in Valencia

Santa Clarita Studios has leased a 109,379-square-foot warehouse in Valencia for seven years, according to an announcement from CBRE, which handled...

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Calabasas Office Park Sells for $78 Million
News 2 months ago
Calabasas Office Park Sells for $78 Million

The three-building Calabasas Park Centre office campus has sold for $78 million. According to a company statement issued by real estate brokerage...

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Mini Mixed-Use Project Proposed for Woodland Hills
News 2 months ago
Mini Mixed-Use Project Proposed for Woodland Hills

A mini mixed-use development is proposed for a Woodland Hills site that currently hosts a 356-square-foot tailor shop. Van Nuys-based civil...

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Land Owner Seeks to Build Apartments in Valley Glen
News 2 months ago
Land Owner Seeks to Build Apartments in Valley Glen

Michael Fant, the owner of a vacant lot in Valley Glen, has applied with the city of Los Angeles to develop a multifamily complex with retail...

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San Fernando Valley Business Journal
News 2 months ago
San Fernando Valley Business Journal

Sears Holdings Corp. announced Friday that it will close its Kmart store in Burbank — one of 80 closures nationwide — as the Illinois retailer...

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