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LOS ANGELES-A new report reveals countless benefits to green infrastructure, including energy savings, increased rents and property values and improved storm water management.
LOS ANGELES-Martindale-Hubbell, which includes the confidential opinions of lawyers and the judiciary committee, names Jeffer Mangels Butler & Mitchell LLP as one of the top US law firms in 2014.
LOS ANGELES-A tentative ruling from the L.A. Superior Court challenging an update to the Community Plan is expected to slow development in the Hollywood submarket.
BEIJING and LOS ANGELES-The fully-entitled Fig Central project would include hotels, residences and parking across from Staples Center arena.
GLENDALE, CA-C.W. Driver completes the $20 million construction project of the Bloomingdale's department store at the Glendale Galleria on its first paperless job site.
LOS ANGELES-Chinese investor Hazens Investment LLC, a subsidiary of Shenzhen Hazens Real Estate Group Co., acquires the Sheraton Gateway Hotel near the Los Angeles International Airport for $96 million.
LOS ANGELES-Jones Lang LaSalle adds senior housing expert Alan Ursillo on the Healthcare Capital Markets team to focus on the sale of senior housing properties, GlobeSt.com learns in this EXCLUSIVE story.
LOS ANGELES-The $20 million renovation project of the iconic the Beverly Garland Hotel in North Hollywood begins, which will transform the vintage hotel into the submarket's first boutique hotel.
BEVERLY HILLS, CA-A 63,691-square-foot redevelopment site at the Beverly Hills Golden Triangle comes onto the market and is expected to fetch a high price-per-square-foot value.
LOS ANGELES-Investment in those markets dates back to the early 1990s before the wave from Taiwan, CCN’s Greg Karns tells Carrie Rossenfeld in this UPDATE to an earlier story.
BEVERLY HILLS, CA-Muji USA Limited signs a lease for an 8,600-square-foot retail space at the Hollywood Galaxy Shopping Center for its US flagship store, the company's largest location in the nation.
LOS ANGELES-A private investor disposes of a three-building multifamily portfolio with 107 total units in Koreatown to a buyer who assumed a supplemental debt to the loan balance.
SANTA BARBARA-Fespar Enterprises submits drawings to the city's Historical Landmarks Commission for a proposed small and green hotel next door to its Fess Parker DoubleTree Resort.
LOS ANGELES-Many Chinese investors see hotels as trophy assets, but the degree of operations necessary to be successful could trip them up, CCN’s Greg Karns tells Carrie Rossenfeld in this UPDATE to an earlier story.
GRANADA HILLS, CA-Marc Needleman acquires the Knollwood Plaza, a 23,922-square-foot Fresh and Easy-anchored retail center, from Westwood Financial Corp.
LOS ANGELES-Turnstone Holding I LP acquires a real estate portfolio with 41 rental properties totaling 74 units in a sale that had dozens of offers from potential buyers.
LOS ANGELES-Aeropostale brand GoJane signs a 7-year lease at Alameda Square in Downtown Los Angeles for its corporate headquarters, which is currently based in Ontario, CA.
LOS ANGELES-A different buying mentality and different banking-system roles distinguish today’s Chinese investors from the Japanese of 25 years ago, CCN’s Greg Karns tells Carrie Rossenfeld.
LOS ANGELES-Property management company the Laramar Group hires Sarah Kim and Vanessa Propersi as regional managers in the firm's Los Angeles office.
LOS ANGELES-Vermont Villas, a 79-unit multifamily complex that provides permanent homeless housing, receives a 9% tax credit to fund construction, which will start in April.
LOS ANGELES-Felina USA joins the Clean LA Solar program, an urban solar rooftop program, and gets a 1.1 MW SunPower solar power system on the rooftop of its Chatsworth distribution center.
LONG BEACH, CA-SCAN Health Plan signs a lease renewal and expansion with the Kilroy Airport Center for a 202,804-square-foot office space, GlobeSt.com learns from industry sources.
LOS ANGELES-ST Residential sells 41,000 square feet of retail and office space in the ground floor of Solair, a 22-story, 186-unit luxury mixed-use development in Koreatown.
LOS ANGELES-Thomas Properties Group stakeholders vote to approve a proposed merger with Parkway Properties for $1.2 billion, GlobeSt.com reports in this UPDATE to a previous story.
LOS ANGELES-Freight exporter PCC Logistics signs a long-term, 10-year lease valued at $15 million for a 207,538-square-foot industrial facility, GlobeSt.com reports in this EXCLUSIVE story.
LOS ANGELES-Kennedy Wilson acquires three multifamily properties, totaling $167 million: Big Trout Lodge in Liberty Lake, WA, Village at Town Center in El Cerrito, CA, and a apartment community in a Seattle suburb.
PHILADELPHIA-Hersha Hospitality Trust sold a dozen hotels in a 'non-core' portfolio in the Northeast and picked up two hotels in Santa Barbara and South Beach this week.
LOS ANGELES-Rexford Industrial continues the expansion of its Southern California portfolio with a $15.8 million purchase of a 199,370-square-foot Simi Valley industrial facility.
LOS ANGELES-The intent of implementing BIM as a collaborative tool is to add value to a project and positively impact the return on investment, says Bernards’ Darren Roos in this EXCLUSIVE Q&A.
IRVINE, CA-Estancia Apartment Homes, a 152-unit multifamily property, is sold during Auction.com’s custom auction process, designed to bring clarity to the sale of both single assets and commercial portfolios.
LOS ANGELES-CBRE's research department gets a data boost with the acquisition of Whitestone Research Corp., a leading facilities-cost analytics firm based in Santa Barbara.
LOS ANGELES-A joint venture between Frank Stork, Channing Henry and the Kor Group purchases the Case Hotel in Downtown Los Angeles with plans to renovate it into a 4-star boutique hotel.
LOS ANGELES-A post-sound entertainment company completes a 12-year lease agreement with Vista Investment Group for a 40,315-square-foot office space in the Hollywood market.
LOS ANGELES-After completing the largest L.A. land transaction since 2002, Pacific Industrial signs a lease agreement with a Fortune 50 company for the 550,000-square-foot industrial development it's planning in Bell, CA.
PHILADELPHIA-Locally-based Dranoff Properties and SBE Entertainment Group of Los Angeles report they intend to build a 47-story mixed-use project called the SLF International Hotel & Residences.
LOS ANGELES-Retail Opportunity Investment Corp. purchases Plaza De La Cañada, a Gelson's-anchored retail shopping center, from the Vons Cos. Inc. for $39.5 million.
LOS ANGELES-CNS Focused Investments acquires the Waterstone San Dimas, a 288-unit value-add apartment complex in a luxury market of Los Angeles County.
PASADENA, CA-In his first real estate venture, tech expert David Sacks partners with Rising Realty Partners to acquire the Old Pasadena Plaza and reposition it into a creative office space targeting tech companies.
SANTA MONICA, CA-The City of Santa Monica plans a new mixed-use development featuring a creative multilevel green space that totals 3-acres near the Third Street Promenade.
LOS ANGELES-Cohen & Associates and Highroad Realty and Management acquire a 60-unit Westwood apartment complex for $21.5 million with plans to create a feng shui and modern environment.
LOS ANGELES-Healthcare companies are signing larger leases to accommodate anticipated growth from the Affordable Care Act next year, but that may be premature JLL's Jason Clark tells GlobeSt.com in this UPDATE to a previous story.
LOS ANGELES-GlobeSt.com looks at CBRE's revolutionary office concept, from adopting an open office concept to creating a paperless environment and upgrading technology, in this year-end roundup.
LOS ANGELES-Pacific Industrial secures $73.8 million in financing to develop a multiple building, 400,000-square-foot, class-A industrial complex in Bell, CA.
LOS ANGELES-Brickman and Associates disposes of the 202,000-square-foot office-use portion of a class-A mixed-use building in Downtown Los Angeles' South Park district.
LOS ANGELES-Construction completes on the LEED platinum-certified sciences complex at Los Angeles Harbor Community College, designed by HGA Architects and Engineers.
CAMARILLO, CA-ZPower completes a lease renewal transaction for its 43,272-square-foot industrial space, which it has occupied for the past seven years.
LOS ANGELES-In an ongoing effort to expand its Southern California portfolio, Rexford Industrial acquires the Bonita Thompson Industrial Park for $27.2 million.
LOS ANGELES-A local investor purchases a 64,820-square-foot office building in the Media Center Drive Complex for $14 million in the center's second property sale this year.
LOS ANGELES-Oxnard Unified School District selects Bernards to rebuild an elementary school campus in a rehab project funded by the State of California for $22.8 million.
LOS ANGELES-The Kor Group's new-construction, for-sale loft community, Warehouse 1, opens in Downtown Los Angeles with unit sales planned for January 2014.
LOS ANGELES-L.A. Care Health Plan signs a 47,306-square-foot lease in Downtown Los Angeles with Garland Center to accommodate anticipated growth from the Affordable Care Act next year.
LOS ANGELES-Realtech completes a lease transaction with Select Medical, UCLA Health System and Cedars-Sinai Medical Center for a vacant Century City hospital building.
LOS ANGELES-The place to see and be seen, Allen Matkins played host to a drove of top-tier industry professionals at its annual holiday party at the California Club.
LOS ANGELES-Easton Sports' 79,292-square-foot, build-to-suit office building, owned by Easton Properties II, sells to a local Los Angeles investment group after multiple offers.
LOS ANGELES-The fourth quarter report from the UCLA Anderson Forecast reveals that the majority of California's employment gains this year were found along the coast.
SAN FRANCISCO-The acquisition significantly enhances CBRE’s service offering in downtown San Francisco.
EL SEGUNDO, CA-Klorman Construction Corp. will to build a 203-car, three-story parking structure on the Marshall 2100 Grand office building currently under renovation.
LOS ANGELES-Hines REIT enters into a purchase agreement with Blackstone Group LP to buy the five-building Howard Hughes Center for $506 million.
LOS ANGELES-One of the largest redevelopment sites in West Los Angeles comes onto the market, creating one of the best development opportunists in over a decade.
LOS ANGELES-MBK Homes breaks ground on a 27-home multifamily community of cottage-style detached apartment homes in North Hollywood.
LOS ANGELES-AHBE Landscape signs a 5-year lease with the Swig Co. to move the company's offices from Culver City to Downtown Los Angeles.
SANTA BARBARA, CA-Three high-profile commercial properties in Santa Barbara, including the French Press Building and the Anacapa Project, sell for $20 million in three separate transactions.
GLENDALE, CA-Public Storage secures a $700 million short-term, one-year loan through Wells Fargo Bank to fund acquisition and development opportunities.
LOS ANGELES-Kearny Real Estate Co. purchases a large industrial site in the Moreno Valley with plans to build a 1.1 million-square-foot warehouse and distribution cross-dock building.
LOS ANGELES-New research from CBRE predicts the national industrial availability rate next year will fall to 11.2% as industrial demand remains healthy.
PALO ALTO, CA-The REIT’s offer is higher than the unsuccessful $60-per-share bid made this past summer by Land & Buildings; BRE CEO Moore said in July that the company would consider “any legitimate proposals.”
ATLANTA—Lee & Associates Valuation and Consulting Services is proving an industry demand and hirign quickly to keep pace. Find out who has joined up with the firm.
LOS ANGELES-MJW Investments sells the nine-story Art Deco building, formerly used as Sears department store's mail-order distribution center, for $29 million to a private investor.
PASADENA, CA-DivcoWest acquires its first Pasadena property, the 238,843-square-foot Pasadena Business Center, which boasts creative office potential in the heart of Pasadena.
LOS ANGELES-In this video, CBRE leaders explain the process of choosing and adapting to the Workplace 360 office environment in its new Downtown Los Angeles global headquarters building.
LOS ANGELES-Crowdfunding campaign managers should do their due diligence before committing to a platform that may not be right for them, InvestedIn’s Alon Goren tells GlobeSt.com.
LOS ANGELES-Renaissance of Downtown Los Angeles: Opportunity Knocks speakers Chris Martin, Dan Beckerman and Bert Dezzutti tell GlobeSt.com's Kelsi Maree Borland about downtown investment opportunities in the office and entertainment sectors.
LOS ANGELES-Jones Lang LaSalle Retail CEO Greg Maloney gives GlobeSt.com's Kelsi Maree Borland a recap of Thanksgiving Thursday and Black Friday sales, which indicate a strong holiday season.
LOS ANGELES-In the past three months, the CDC Small Business Finance provides $60 million in SBA loans for small businesses to grow and secure long-term commercial real estate assets.
LOS ANGELES-Following the sale of a multifamily complex in Virginia, BH Properties’ Steve Jaffe tells GlobeSt.com’s Kelsi Maree Borland about the company’s new West Coast strategy.
LOS ANGELES-At the NAIOP Real Estate Challenge, graduate students from UCLA and USC presented competing proposals for an 11-acre development site on Pacific Coast Highway.
MARINA DEL REY, CA-The Shores, a 544-unit multifamily complex with 12, five-story buildings, completes construction and launches leasing efforts.
LOS ANGELES-Commercial real estate industry leaders gather for the first annual Padres Casino Night to help raise $30,000 for the children's cancer charity Padres Contra El Cancer.
MIRAMAR, FL-An affiliate of IMT Residential of Sherman Oaks, CA has acquired the Modera Miramar apartment complex here for $70 million.
NEW YORK CITY-However, S&P Dow Jones Indices’ David M. Blitzer notes that the strong resurgence of home prices in the West is “sparking questions and concerns about the possibility of another bubble.”
SAN GABRIEL VALLEY, CA-Majestic Realty Co. reveals plans for a 166,406-square-foot office building with Bank of the West in agreement to sign a 93,058-square-foot lease.
LOS ANGELES-A report from Marcus & Millichap predicts a successful holiday season after retail spending increases in October despite the government shutdown.
MIAMI—John Fitzsimmons has traded his Cushman & Wakefield accolades for a role at CBRE. Find out what he brings to CBRE's Miami South Florida operations.
LOS ANGELES-As the nation’s most dense city, Los Angeles needs to revise building codes to accommodate future growth, according to the Impact of Density on L.A. Symposium.
SAN FRANCISCO-A report from First Republic Prestige Home Index shows that luxury home values in San Francisco, Los Angeles and San Diego increase in the third quarter.
TORRANCE, CA-DiamondRock Hospitality Co. sells the Torrance Marriott South Bay for $76 million in proceeds to an unaffiliated third party.
LOS ANGELES-As the nation’s most dense city, Los Angeles needs to revise building codes to accommodate future growth, according to the Impact of Density on L.A. Symposium.
LOS ANGELES-Hospitality brand SBE considers a spot near the Walt Disney Concert Hall in Downtown Los Angeles for a possible hotel development.
LOS ANGELES-Finance and investment panelists at Net Lease West 2013 remain bullish and anticipate a good year due to high demand and limited product supply.
LONG BEACH-California State University, Long Beach Technology Park sings a 104,737-square-foot lease with Primex Agricultural Services, GlobeSt.com reports in this EXCLUSIVE story.
LOS ANGELES-Sam Alison joins Stan Johnson as the firm's West Coast regional director, focusing on single-tenant net lease investment sales, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES-Mesa West holds the third close of its Fund III with $100 million over its original fundraising goal.
ARCADIA, CA-Metro Gold Line Foothill Extension Construction Authority hosts a pre-proposal conference to push for a light rail extension from Azusa to Montclair.
LOS ANGELES-Panelists at Net Lease West 2013 explain that "good deals" depend on the investor's risk tolerance level.
LOS ANGELES-Allen Matkins’ Eric Shelby sits down with GlobeSt.com’s Kelsi Maree Borland to discuss the rising Westside demand for creative office space, in this UPDATE to a previous story.
TORRANCE, CA-Storm Plaza anchor tenant CVS/pharmacy celebrates its grand opening, marking the completion of the shopping center's first phase of construction.
ALHAMBRA, CA-The Alhambra, a 45-acre shopping center, signs expanded leases with three anchor tenants, covering more than 126,000 square feet of mixed-use space.
LOS ANGELES-JLL uncovers five strategies to help retailers achieve the 3.9% sales growth estimated by the National Retail Federation this holiday season.
LOS ANGELES-Video Game publisher Riot Games Inc. signs a lease for the full Element LA office campus, totaling 284,000 square feet, in what may be the largest Southern California office lease in five years.
LOS ANGELES-Net Lease West panelist Paul McDowell tells GlobeSt.com's Kelsi Maree Borland that the dynamic changes to the investment market over the last 12 months have made the net lease industry a true investment class.
DIAMOND BAR, CA-The Diamond Creek Shopping Center secures a $15 million loan for the 121,788-square-foot center after a recent conversion to a mini-mall.
TORRANCE, CA-In a national poll by EDR Scorekeeper, Partner Engineering and Science Inc. ranks number one in providing Phase I environmental assessments in the third quarter.
LOS ANGELES-New York-based commercial real estate lenders Terra Capital Partners opens a Los Angeles office with real estate veteran Doug Vikser at the helm.
BEVERLY HILLS, CA-Kennedy Wilson and partners purchases the Pointe, a 388-unit multifamily property in the suburbs of Portland, OR, for $39.5 million.
TUSTIN, CA-The firm gains five new retail leasing assignments in Southern California, including three in Orange County and two in Los Angeles County.
LOS ANGELES-Meta Housing Corp. secures $52.5 million in financing for the development of three new affordable-housing multifamily properties, totaling 160 units.
SAN DIEGO-Essex Property Trust acquires multifamily property Domain by Alta San Diego from Wood Partners for $121M in an all-cash transaction.
LOS ANGELES-BFC SBA Lending closes over $100 million in SBA 504 loans for 2013, earning the number two spot on a list top firms in the Lender Banking Report issued by the US Small Business Administration.
HOUSTON-According to the TomTom Americas Traffic Index, Houston tops other Texas cities when it comes to traffic congestion, and ranks 20th in the Americas and 14th in the United States.
BEVERLY HILLS, CA-Luxury condo community ETCO Homes completes construction and schedules a grand opening ceremony to launch sales efforts of the $1 million dollar units.
GLENDALE, CA-Transwestern’s assisting ability advisor Samantha Longshore tells Carrie Rossenfeld that sustainability efforts at 330 N. Brand here led to annual energy savings in the $100,000s.)
PLAYA VISTA, CA-The Runway at Playa Vista, a new mixed-use community, signs leases for six new restaurant and retail tenants, totaling 25,000 square feet.
LOS ANGELES-The Balcony at Beverwil shopping center receives a $28 million refinancing loan to pay off its outstanding principal.
LOS ANGELES-Rexford Industrial Realty purchases a four building, 79% occupied industrial property in Yorba Linda for $12 million.
LOS ANGELES-Studley's third quarter office report shows that vacancy rates for traditional office properties has remained stagnant for the past seven quarters, at 19%.
LOS ANGELES-In this EXCLUSIVE commentary, Charles Dunn’s Tracy Taft says that Downtown’s spread-out population, limited parking, and few spaces for large retail hubs is creating a niche for retail.
LOS ANGELES-Robert Hart tells GlobeSt.com's Kelsi Maree Borland about his newly launched multifamily investment firm, TruAmerica Multifamily, and its recent and upcoming acquisitions.
BEVERLY HILLS, CA-Colliers International's Sal Provenza tells GlobeSt.com about Toll Brothers recent $1.60 billion cash acquisition of Shapell Industries Inc. in this UPDATE to a previous story.
CAMARILLO, CA-After a two year battle, Colliers International successfully curbs bankruptcy sale loan restrictions to close the acquisition of Camarillo Plaza for $17.7 million, GlobeSt.com reports in this EXCLUSIVE story.
LOS ANGELES-Federal Realty begins construction on the Point, an $80 million dining and entertainment shopping center in the South Bay, set to open in 2015.
GLENDALE, CA-Planning ahead what you’ll do if tenants don’t pay will go a long way toward assuring you get the rent you’re owed, Fidelity Creditor Service’s Clint Sallee tells Carrie Rossenfeld.
PHOENIX-The buyer pays $51 million to Prudential Real Estate Investors for its first investment in the Valley; the class A Ninety Degrees.
LOS ANGELES-Vacancy rates for creative office space on the Westside, especially Culver City and Playa Vista, fall to 10.6% for the first time since 2008.
LOS ANGELES-The Port of Long Beach and the Busan Port Authority sign a sister port pact in South Korea as part of the port’s $4 billion modernization program.
BEVERLY HILLS, CA-Maxxam Enterprises inks a long-term lease with yoga brand Lululemon for a 6,400-square-foot store space at Santa Monica's Third Street Promenade.
LOS ANGELES-PS Business Parks Inc. estimates $103 million in gross proceeds from its public offering of 1.3 million shares of common stock priced at $79.25 per share.
LOS ANGELES-A joint venture between Fountain Capital and Cheney & Mathes Properties secures $41.6 million for the acquisition of 16 Walmart-adjacent shopping centers in 10 markets throughout the country.
LOS ANGELES-Some of the key takeaways from a recent poll to our readers was that most of the 500 CRE respondents said zoning/entitlement and environmental issues ranked among the highest asset-level concerns—We also learned a few surprises along the way.
EL SEGUNDO, CA-GlobeSt.com learns EXCLUSIVELY that the firm has acquired an 18-asset, triple-net-leased portfolio that nearly doubles the REIT’s size.
LOS ANGELES-Illustrating increased activity in the healthcare sector, G&L Realty secures two loans totaling $240 million for an eight-building medical office portfolio.
LOS ANGELES- Davis Wright Tremaine LLP renews the lease of its 43,801-square-foot office in Downtown Los Angeles, GlobeSt.com learns in this EXCLUSIVE story.
LOS ANGELES-L3 Capital sells its second West Hollywood retail investment property this month for $26.6 million to Thor Equities.
LOS ANGELES-CBRE expands its healthcare platform and reach to Southeastern states with the acquisition of two firms: health care consulting firm KLMK Group and Charleston-based real estate services firm CB Richard Ellis Carmody.
