American Tire Inks 1MSF Build-To-Suit Lease

LOS ANGELES--American Tire signs a 20-year lease with Roll Real Estate Development for a 1-million-square-foot build-to-suit industrial facility that will break ground this spring.



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Koreatown To Become Next Luxury Market

LOS ANGELES--GlobeSt.com's Kelsi Maree Borland talks with JH Snyder Co.'s Jerry Snyder about his company's new high-rise development project, the Vermont, and why Koreatown multifamily is thriving, in this EXCLUSIVE Q&A.



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Multifamily: 'The MILF Generation'

LOS ANGELES--One panelist at RealShare Los Angeles said that the new renter generation are renters by choice who put extra value on being Mobile, Independent, Liquid and Flexible.



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Mixed-Use Retail Properties Trade Hands

PASADENA, CA--Two mixed-use retail properties in the South Lake Avenue district of Pasadena sell to two separate buyers for a total of $20.5 million.



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Unseasoned Capital Could Cause Bubble

LOS ANGELES--Capital providers on RealShare Los Angeles' Inside the Capital Stacks panel fear the consequences of inexperienced investors taking unmerited risks in the market.



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Get More Green with the SBA Green Program

LOS ANGELES--The SBA Green Program qualifies borrowers for $5.5 million per project to make "green" property improvements, GlobeSt.com reports in this UPDATE to a previous story.



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Asian Investors Focus on SoCal

LOS ANGELES--HREC's Michael Blahosky and Geoffrey Davis tell GlobeSt.com's Kelsi Maree Borland about the trend of Asian investors, where they are going and why they are investing in Southern California.



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Dodgers Stadium Completes $150M Facelift

LOS ANGELES--PCL Construction finishes the $150 million renovation of Dodger Stadium, which includes new restaurants, new entrances and a new clubhouse, GlobeSt.com reports in this UPDATE to an earlier story.



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Continuation of Pessimism Isn't Grounded

LOS ANGELES--According to one expert on the industry leader's panel at RealShare Los Angeles, "the notion that the US economy was out of the game is always wrong."



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Kennedy Wilson and Capri Capital Team Up

LOS ANGELES--Kennedy Wilson and Capri Capital Partners purchase a 372-unit apartment community in a Seattle suburb for $91.5 million.



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One Santa Fe Build Prepares to Open

LOS ANGELES--GlobeSt.com's Kelsi Maree Borland talks to Canyon Realty president Jonathan Roth about the nearly complete $160 million One Santa Fe development in the downtown arts district.



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84%: Crowdfunding Not Off the Table

LOS ANGELES--More than half of respondents in a GlobeSt.com online poll consider crowdfunding a legitimate and reliable source of fundraising for real estate transactions--with qualifiers.



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Revenue Marketing is 'New Black'

LOS ANGELES--Brooke Lauter and Nadene Gallagher, two Southern California marketing professionals, join forces to form Lauter + Gallagher, and depart from the "traditional focus" GlobeSt.com EXCLUSIVELY learns.



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Unique Opportunity Exists in Marketplace Today

LOS ANGELES--Rick Caruso, founder and CEO of Caruso Affiliated, tells the RealShare Los Angeles audience that breaking the rules isn't always a bad thing and can lead to great success.



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You Can't Just Put up a For Rent Sign

LOS ANGELES-According to brokerage roundtable panelists at RealShare Los Angeles on Tuesday, the phrase 'if you build it, they will come" no longer applies. Something really has to attract today's tenant.



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Fundamentals Good, Look Out for Future Cracks

LOS ANGELES--Has slow economic growth been a good thing for the commercial real estate market? Experts on the opening panel at RealShare Los Angeles debated the question Tuesday.



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CBRE Global Multi Manager Taps Head of Americas

NEW YORK CITY--The multi manager division of CBRE's investment management company has tapped Paul Sisson, formerly of Brookfield Properties, for the role.



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Oprah's Cable Channel Moves to the Lot

WEST HOLLYWOOD, CA--Industry sources report that the Oprah Winfrey Network will move its headquarters from the Miracle Mile neighborhood to the CIM Group-owned space at 1041 N. Formosa Ave.



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Which Sectors Are In Highest Demand?

LOS ANGELES--Andy McCulloch says top-tier properties are in the strongest demand while Bob Hart and Gary Tenzer say it is all about geography. Listen to the debate today at RealShare Los Angeles.



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DevCo Spending $50M+ on Drugstore Builds

IRVINE, CA--The firm finishes the construction of two CVS/pharmacies in Long Beach and is developing two Long's Drugs in Hawaii to be completed this year.



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Industry Partners Expands to the Valley

LOS ANGELES--Industry Partners opens a new office in the San Fernando Valley to meet demand for creative office, GlobeSt.com reports in this EXCLUSIVE story.



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New JV Acquires the Tower Burbank

BURBANK, CA--A new joint venture between PCCP LLC and the Worthe Real Estate Group buys the 32-story, LEED-certified Tower Burbank for an estimated $109 million, according to industry sources.



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Retail Properties Seeking Senior-Debt Loans

LOS ANGELES--Lucent Capital secures three separate loans in senior debt totaling $32.3 million for three retail properties, including the 78,858-square-foot shopping center Camarillo Plaza.



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Hudson Pacific Prices Public Offering

LOS ANGELES--Hudson Pacific Properties offers more than 3.5 million shares of common stock priced at $23.03 per share and scheduled to close on March 25.



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Realty Mogul Hits $100M Benchmark

LOS ANGELES--The crowdfunding platform Realty Mogul celebrates its one-year anniversary with investments of more than $100 million in property values.



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Bob Hart: Multifamily Has Legs

LOS ANGELES--TruAmerica president and CEO Bob Hart gives GlobeSt.com's Kelsi Maree Borland his take on the current multifamily market and where it's headed before he speaks at RealShare Los Angeles, GlobeSt.com learns EXCLUSIVELY .



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Job Costs Per Building Permit Rise 42% in L.A.

IRVINE, CA--The average job cost per building permit increases in 2013 compared to 2012 in 10 out of the 13 US metros analyzed in a new study from locally based RealtyTrac.



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Honest Buildings Moves Out West

LOS ANGELES--New York-based Honest Buildings enters the West Coast market with the opening of its second US office in Los Angeles, GlobeSt.com learns EXCLUSIVELY .



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Tech Cos. Stay in the South Bay

EL SEGUNDO, CA--After a widespread market analysis, Internet Brands signs a lease renewal for its 60,019-square-foot class-A headquarters space, GlobeSt.com reports in this EXCLUSIVE story.



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Ground-Up Retail Builds Make a Comeback

TUSTIN, CA--Several infill projects in the pipeline are generating leasing activity in the Greater Los Angeles area, says Matt Hammond of locally based Coreland Cos.



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Sitex Group Enters West Coast Market

LOS ANGELES--SVP Eric Ruehle will lead the Sitex Group's new Los Angeles office as the firm prepares to launch its eighth fund.



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Whitesell Opens Bank of the Orzarks L.A. Office

LOS ANGELES--GlobeSt.com learns that Tom Whitesell, now EVP of west coast originations, will be responsible for commercial real estate construction and bridge lending in the West Coast.



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Ground Breaks on $70M Apartment Build

LONG BEACH, CA--The Current, a 17-story, 223-unit mixed-use luxury apartment complex, is the first ground-up high-rise multifamily development in the city in 40 years.



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Charles Dunn Hires Senior Director

LOS ANGELES--Lou Zonta joins Charles Dunn as the new senior director of brokerage and business development, focusing on active brokerage deals throughout the region, GlobeSt.com reports in the EXCLUSIVE story.



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Hollywood MF Complex 50% Leased at Opening

LOS ANGELES--California Landmark Group opens the doors of hw, a 79-unit multifamily complex adjacent to the Sunset Strip in Hollywood.



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Design Phase Peer Review, Key to Updated Code

LOS ANGELES--Once enacted, the new California energy code will increase energy performance by 30% says Gary Brennen of Syska Hennessy Group in part two of this EXCLUSIVE Q&A.



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Shopping Center to Trade Hands for $260M

LOS ANGELES--Vornado plans to sell the 350,000-square-foot Beverly Connection power shopping center in a sale that will result in a $40 million net gain.



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Industrial Land More Valuable As-Is

CARSON, CA--Prologis plans to leave its recently purchased 10-acre industrial site undeveloped due to the limited supply of outdoor storage, GlobeSt.com reports in this UPDATE to a previous story.



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Private Investor Grabs Micro-Unit Complex

LOS ANGELES--A private investor acquires the WhitelyHouse, a 100-unit, micro-unit complex for $14.7 million from the Vista Investment Group.



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Untethered Space Is Overtaking Developments

LOS ANGELES--The next big innovation in real estate design is the transformation of space in the office sector, Gary Brennen of Syska Hennessy Group tells GlobeSt.com's Natalie Dolce in this EXCLUSIVE Q&A.



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CWCAM Trades 62-Asset Portfolio $2.5B

LOS ANGELES--CWCapital Asset Management sells a portfolio with 62 mortgage loans and retail, office and hospitality assets across the US.



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'14 Economic Expansion Experiences a Slow Start

LOS ANGELES--Green Street Advisors managing director and Real Share Los Angeles panelist Andrew McCulloch tells GlobeSt.com's Kelsi Maree Borland about the economic challenges and forecasted themes for 2014.



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Canadian Ports Serving Middle America

LOS ANGELES--Forget the widening of the Panama Canal, British Columbia Port serves Middle America by rail, taking away customers from the Los Angeles and Long Beach Ports, according to experts at the USC Gould Real Estate Law Forum.



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TEAC Industrial Building Trades Hands

MONTEBELLO, CA--Brimel LLC acquires an historic 79,055-square-foot industrial building from TEAC America in a competitive transaction with multiple offers, GlobeSt.com learns EXCLUSIVELY .



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Sonnenbatterie Enters US Market

LOS ANGELES--The leading European residential and commercial energy storage manufacturer partners with Southern California distributor to SK Solar USA in its first foray into the US market.



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Avison Young Recruits New SVP

LOS ANGELES--David Callahan joins Avison Young as SVP in the downtown office, focusing on tenant representation and landlord advisory services, GlobeSt.com reports in this EXCLUSIVE story.



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Melrose Retail Build Targets Fashion Brands

LOS ANGELES--The 17,594-square-foot retail center under construction on the corner of Melrose Avenue and San Vicente Boulevard chooses RFK as its exclusive leasing agent.



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Section-8 Housing Complexes Trade Hands

LOS ANGELES--A local investor acquires the 65-unit, section-8 complexes Cunningham Village and Jefferson Townhomes for $12.2 million as a value-add investment.



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NRG eVgo Plants 200 EV Charging Stations

LOS ANGELES--Through partnerships, NRG eVgo plans to build 200 fast-charging Freedom Stations throughout the state of California with 46 already operational or under construction.



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10-Acre Industrial Site Trades Hands

CARSON, CA--Prologis acquires a 10-acre parcel of industrial land from Hunter Woodworks for $14.2 million.



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Geography Is Key for the Capital Stack

LOS ANGELES--Real Share Los Angeles Inside the Capital Stacks panel moderator Gary M. Tenzer tells GlobeSt.com reporter Kelsi Maree Borland that the abundance of capital will be another theme in 2014, but geography is what really counts.



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Green Building Focuses on Existing Buildings

LOS ANGELES--JLL Southwest market director Peter Belisle tells GlobeSt.com's Kelsi Maree Borland about the latest green building trends discussed at UCLA's Green Building Symposium.



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Canadian Developer Proposes Hotel

ROWLAND HEIGHTS, CA--Toronto's Parallax Investment Corp. reveals plans for a 250-room hotel with 100,000-square-feet of retail and restaurant space on the former John Rowland property site.



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Bernards Expands Executive Team

LOS ANGELES--Commercial builder Bernards promotes former VPs Ron Bernards, Andy Buerk, Dave Cavecche and Jeff M. Bernards to SVPs, positioning the company for future growth.



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L.A. River Could Be City's Central Park

LOS ANGELES--City leaders at the USC Gould Real Estate Law and Business Forum last week discussed the development possibilities of the 51-mile-long L.A. River.



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Santa Clarita Announces Industry Cluster Attraction Incentive

SANTA CLARITA, CA--Program provides offset for permitting fees to attract manufacturing and tech businesses.



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North Hollywood Apartments Fetch $27M

LOS ANGELES--San Diego-based MG Properties Group purchases the 236-unit Marquee Apartment Homes complex for $27.5 million and assumed the seller's existing loan, GlobeSt.com reports in this EXCLUSIVE story.



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Build at Navy Site Gets Green Light

SAN PEDRO, CA--The Los Angeles City Council votes unanimously to approve the Ponte Vista development, a 61-acre lifestyle community set on a former Navy housing site with over 600 single and multifamily homes and a public park.



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Esquire Apartment Breaks Sale-Price Record

LOS ANGELES--The Roberts Co. acquires Koreatown's 117-unit Esquire apartment complex for $22.7 million, making it the highest comparable in the market area.



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4-Wall Analysis, Must be Ruthlessly Examined

LOS ANGELES--GlobeSt.com's Natalie Dolce chats with chief executive Dan Scouler Sr. of Scouler & Co. on how the current environment is "no time to carry underperforming retail locations."



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Net-Leased Convalescent Hospital Trades Hands

LOS ANGELES--A California LLC acquires the 61,895-square-foot hospital for $14.7 million, or $238 per square foot, from a private family trust.



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James Hotel Builds First West Coast Location

LOS ANGELES--CIM Group and Denihan Hospitality Group plan to build the first ground-up James Hotel in West Los Angeles in 30 years. The two-tower hotel will have 10 stories and 286 guest rooms.



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Historic Culver Studios Fetches $85M

CULVER CITY, CA--Hackman Capital Partners purchases the historic, 14-acres studio from a joint venture between Lehman Brothers Holdings, Pacifica Ventures and PCCP in a debtor-controlled sale.



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Gen Y: 4 in 10 Considered "Urban"

LOS ANGELES--At the annual USC Gould Real Estate Law and Business Forum, Lachman And Associates' Leanne Lachman and a team of Gen Y'ers discuss how the generation is changing consumerism.



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Bridge Lending Experiences Major Growth

LOS ANGELES--Lone Oak Fund ends year with $378 million in bridge loans, an 8.7% increase over the previous year, closing 844 loans in total. The fund anticipates even greater growth in 2014.



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Hotel Oceana Trades Hands for $42M

SANTA BARBARA, CA--After selling 16 non-core assets, Hersha Hospitality Trust acquires the Hotel Oceana, including an 8.6% capitalization rate.



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JLL Awarded Gas Co Tower Leasing Gig

LOS ANGELES--The landmark 1.4 million square foot building was purchased in October by Brookfield Office Properties Inc.



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Huntington Plaza Sale Reaps Double-Digit Offers

LOS ANGELES--A private investor wins the purchase of the Huntington Plaza Shopping Center after the property received nearly 20 offers from private and institutional investors.



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EVOQ Properties May Seek Buyer

LOS ANGELES--EVOQ Properties board of directors hires financial advisors to explore strategic alternatives to its business plan, which may result in the sale of the company.



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$136M Creative Office Campus Breaks Ground

LOS ANGELES--J.H Snyder begins construction on 959 Seward, a 245,000-square-foot, two-story creative office campus in the center of Hollywood, which will serve tenants using 5,000 to 36,000 square feet of office space.



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Emerson College Holds Grand Opening

LOS ANGELES--With the weeklong grand opening ceremony, Emerson College becomes the first out-of-state college program to open a full-service, permanent campus in Los Angeles.



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Partner Talks Construction Lender Risk Management

TORRANCE, CA--In its first ever roundtable, Partner Engineering and Science gathers industry leaders to discuss policies, best practices and issues of construction lender risk management.



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Rare Entitled Development Site Trades Hands

TARZANA, CA--Sinanian Development Inc. acquires Village Walk, a two-parcel development site entitled for a 72-unit apartment or condominium complex.



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Institutional Capital Grabs Creative Campus

CULVER CITY, CA--CF Culver City LP acquires the Westside Business Park, a 71,749-square-foot creative office campus, for $26.5 million and arranges $18 million in acquisition financing.



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LEED-Platinum Affordable Housing Opens Doors

CARSON, CA--Affirmed Housing Group holds the grand opening of the Arbor Green Apartments, a three-story, 40-unit affordable housing apartment complex.



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SL Green Sells SoCal Office for $100M

NEW YORK CITY-The REIT unloaded its 44% stake in an office portfolio that has holdings in Los Angeles, Orange County and San Diego.



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IMAX Breaks Ground on West Coast Facility

PLAYA VISTA, CA—One of the biggest players in creative tech launches construction of a 66,000-square-foot office building that will house 120 employees, post-production studios and screening rooms.

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