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Newbury Park Developer Gets Approval for Old Town Camarillo Apartments
News 18 hours ago
Newbury Park Developer Gets Approval for Old Town Camarillo Apartments

The Camarillo Planning Commission has approved Lustra Development LLC's proposed pair of two-story apartment buildings to be erected on an Old Town...

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NoHo Postal Facility Site Trades for $6.6 Million
News 3 days ago
NoHo Postal Facility Site Trades for $6.6 Million

An industrial property at 7025-7037 Laurel Canyon Blvd. in North Hollywood has traded for $6.6 million even before real estate agents had a chance...

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Affordable Housing Proposed in North Hills
News 2 weeks ago
Affordable Housing Proposed in North Hills

A proposed project in North Hills filed June 27 with Los Angeles Department of City Planning would bring 54 units to the neighborhood, per an...

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Valley Village Apartment Complex Sells for $2.8 Million
News 3 weeks ago
Valley Village Apartment Complex Sells for $2.8 Million

A seven-unit apartment building at 11565 Riverside Drive in Valley Village has sold for $2.8 million, or $400,000 per unit. Senior Managing...

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Eight Studio City Office Condos Sell for $10.4 Million
News 3 weeks ago
Eight Studio City Office Condos Sell for $10.4 Million

A group of eight office condominiums at the Enclave on 3450 Cahuenga Blvd. in Studio City has sold for a combined $10.4 million, according to...

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NoHo Complex to Replace Strip Mall, Apartment Building
News 1 month ago
NoHo Complex to Replace Strip Mall, Apartment Building

A proposed development would raze a strip mall and vacant apartment building in North Hollywood to pave the way for an 84-unit apartment building,...

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Westlake Village Office Building Sells for $18 Million
News 1 month ago
Westlake Village Office Building Sells for $18 Million

Westlake Plaza Centre 2, an 84,098-square-foot office building at 2829 Townsgate Road in Westlake Village, has sold for nearly $18.3 million,...

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Glendale Apartment Portfolio Fetches $79 Million
News 1 month ago
Glendale Apartment Portfolio Fetches $79 Million

Dana Point-based Raintree Partners purchased seven multifamily properties in Glendale for $79 million. The properties have a total of 231 units....

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Nonprofit Eyes 120 Units of Affordable Housing in Panorama City
News 1 month ago
Nonprofit Eyes 120 Units of Affordable Housing in Panorama City

A major affordable housing mixed-use project will go before Panorama City Neighborhood Council's Land Use Committee this month. Per an Urbanize. LA...

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L.A. Investment Firm Pays $24 Million for Reseda Apartment Complex
News 1 month ago
L.A. Investment Firm Pays $24 Million for Reseda Apartment Complex

Lion Real Estate Group, a Los Angeles based real estate investment and development firm, has sold the Park Terrace Apartments in Reseda for nearly ...

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Encino Apartment Building Sells for $7.4 Million
News 1 month ago
Encino Apartment Building Sells for $7.4 Million

A 27-unit multifamily property at 5354 Yarmouth Ave. in Encino has sold for $7.4 million, or $342 per square foot. Marcus & Millichap Senior...

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Talaria Project Opens in Burbank After Nearly Two Decades in Development
News 1 month ago
Talaria Project Opens in Burbank After Nearly Two Decades in Development

Talaria - a for-rent housing, office and retail project in Burbank - has officially opened after nearly two decades in the making by developer...

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San Fernando Valley Business Journal
News 1 month ago
San Fernando Valley Business Journal

Plans to raze Studio City's iconic Sportsmen's Lodge event center and build an upscale outdoor shopping mall on the property are officially...

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Four-story Senior Housing Proposed for Sherman Oaks
News 1 month ago
Four-story Senior Housing Proposed for Sherman Oaks

Los Angeles-based Mercy Housing has submitted a proposal to redevelop the site of a 1940s triplex at 14534 Burbank Blvd. into a 55-unit apartment...

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Orly International Sells Industrial Land in Van Nuys
News 2 months ago
Orly International Sells Industrial Land in Van Nuys

A mini-storage operator has purchased 1.27 acres of industrial land in Van Nuys from cosmetics manufacturer Orly International Inc. for an...

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Simi Valley Mixed-Use Site Sells for $18.5 Million
News 2 months ago
Simi Valley Mixed-Use Site Sells for $18.5 Million

A 12.8-acre mixed-use development site in Ventura County has sold to Province Group for $18.5 million. The Simi Valley property at 3039-3041...

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Multi-Tenant Retail Pads in Lancaster Sell for $6 Million
News 2 months ago
Multi-Tenant Retail Pads in Lancaster Sell for $6 Million

A private investor has paid $6 million for two multi-tenant pad sites at the Walmart Supercenter in Lancaster. The 100 percent-occupied buildings...

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Lancaster Senior Housing Complex Trades for $8.7 Million
News 2 months ago
Lancaster Senior Housing Complex Trades for $8.7 Million

Aurora Village Apartments, a low-income senior housing project in Lancaster, has traded for $8.65 million, according to Lee & Associates-LA North...

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Small Van Nuys Office Building Sells for $1.3 Million
News 2 months ago
Small Van Nuys Office Building Sells for $1.3 Million

A 4,500-square-foot office building in Van Nuys has sold in an all-cash deal for $1.3 million, or $288.89 per square foot, according to brokerage...

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North Hills Apartment Building Sells for $4.9 Million
News 2 months ago
North Hills Apartment Building Sells for $4.9 Million

A North Hills multifamily property has sold for nearly $4.9 million, or $318 per square foot, according to a statement by Calabasas-headquartered...

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NoHo Apartment Complex Sells After Nearly Three Decades for $5.2 Million
News 3 months ago
NoHo Apartment Complex Sells After Nearly Three Decades for $5.2 Million

A 22-unit multifamily property in North Hollywood has sold for the first time in nearly 30 years for nearly $5.2 million, or $235,227 per unit,...

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Colliers Appoints Executive to Oversee Valley Offices
News 3 months ago
Colliers Appoints Executive to Oversee Valley Offices

To further expand its business in the five-county Los Angeles commercial real estate market, Colliers International has appointed a new executive...

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Xebec to Renovate Chatsworth Warehouse for E-commerce
News 3 months ago
Xebec to Renovate Chatsworth Warehouse for E-commerce

Xebec Realty has announced the purchase of an industrial facility in Chatsworth, which the Dallas-based real estate investment company plans to...

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Independent Movie Studio Leases Valencia Warehouse
News 3 months ago
Independent Movie Studio Leases Valencia Warehouse

An unidentified independent studio operator with an existing Santa Clarita Valley presence has signed a new 166,359-square-foot lease at...

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Investor Purchases Apartments Near CSUN for $7 Million
News 3 months ago
Investor Purchases Apartments Near CSUN for $7 Million

A private investor has acquired a 29-unit apartment building in Northridge for $6.95 million, or $239,655 per unit. According to CoStar Group,...

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Newhall Retail Center Sells for $2.5 Million
News 3 months ago
Newhall Retail Center Sells for $2.5 Million

A multi-tenant retail property in Newhall has sold in an all-cash transaction for $2.45 million, or $389 a square foot. Located at 25057-25067...

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Bedfellows Building in Studio City Sold
News 3 months ago
Bedfellows Building in Studio City Sold

A Studio City retail building located at 12250 Ventura Blvd. that was most recently home to the mattress business Bedfellows has sold for an...

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Rain Storms Delay Shopping Center Opening in Porter Ranch
News 3 months ago
Rain Storms Delay Shopping Center Opening in Porter Ranch

A series of rain storms has delayed the official rollout of Porter Ranch shopping center The Vineyards, which was originally scheduled to begin...

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Tudor Office Building Sells for $5.4 Million
News 3 months ago
Tudor Office Building Sells for $5.4 Million

The Tudor office building in Woodland Hills has sold for $5.4 million, or $228.68 per square foot. According to CoStar, Brin Hamblin, Ryan...

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Commercial Real Estate Awards Honors Valley's Best
News 3 months 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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