CA, Preparing for the Big One

LOS ANGELES--In this EXCLUSIVE commentary, Scott Adan, the director of seismic assessment at IVI International, takes a closer look at California's seismic retrofit ordinances.



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Ikea Names Contractor for Mega Project

BURBANK, CA--VCC will lead construction of Ikea's plans for a new, larger store in Burbank, which is set to break ground in the fall of this year, pending entitlements and approvals.



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Amazon Building Wins TCC Big Award

ATLANTA-- The I-215 Logistics Center was the first 1 million square foot speculative warehouse built in the region as it continued its recovery from the Great Recession.



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Downtown Highrise Fetches $200M

LOS ANGELES--Essex Property Trust has acquired 8th+Hope from developer Wood Partners. The project began in 2007, and produced a 290-unit, 22-story luxury building.



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Industrial Users Flee Downtown LA

LOS ANGELES--The Berenzweig Trust sells its downtown industrial office facility and buys a new property in Englewood in a 1031 exchange, GlobeSt.com reports EXCLUSIVELY .



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$200M Luxury Build Nears Completion

LOS ANGELES--Level DTLA, a 33-story, 300-unit luxury apartment complex from Canadian developer the Onni Group is set to open in Summer 2015.



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Value-Add Multifamily Fetches $53M

AGOURA HILLS, CA--Erzalow Co. buys a 178-unit multifamily complex, the second largest in the city, formerly known as Archstone Agoura Hills.



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