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Monday, March 9, 2015

CBRE's Todd Doney Named Top Producer

LOS ANGELES--With 106 transactions totaling $623.5 million, Todd Doney earns the title of top producer in Downtown Los Angeles. In this EXCLUSIVE interview, he shares his downtown market expertise.



via Los Angeles http://ift.tt/18vez6G

AECOM Names New Chairman of the Board

LOS ANGELES--After being named CEO last year, Michael Burke sinks into the chairman of the board's seat, following the retirement of John M. Dionisio.



via Los Angeles http://ift.tt/18vevUt

Friday, March 6, 2015

Investor Scores on Rare Value-Add Apartments

SANTA MONICA, CA--Acting as a sponsor for an unnamed investor, Optimus Properties purchased a 25-unit apartment complex in a highly desirable Santa Monica submarket for $15.56 million.



via Los Angeles http://ift.tt/1zVBChw

Single Industrial User Absorbs Nearly 300,00-SF

SANTA FE SPRINGS, CA--A logistics company signs the major lease at a class-B warehouse space in the already tight Mid-Counties market, which has a 3.1% vacancy rate.



via Los Angeles http://ift.tt/1E0wFJ9

Downtown Whole Foods Build Opening Soon

LOS ANGELES--Eighth & Grand, the long-awaited Whole Foods anchored mixed-use project in Downtown Los Angeles from developer Carmel Partners, is set to open this summer.



via Los Angeles http://ift.tt/1CGSsYo

Thursday, March 5, 2015

$42M Loan Closes with Locked Rate From July

LOS ANGELES--StarPoint Properties secures a loan through Freddie Mac's CME program, locking in a rate in July with a delayed close, GlobeSt.com reports in this UPDATE to a previous story.



via Los Angeles http://ift.tt/17W4PCA

Mack Urban Begins $144M JV Development

LOS ANGELES--A joint venture between Mack Urban AECOM and Capri Capital Partners breaks ground on a 362-unit mixed-use complex in Downtown Los Angeles.



via Los Angeles http://ift.tt/17W4Nut