Rare Hollywood Net Lease Asset Trades

LOS ANGELES—A New York-based investor buys a 40,000-square-foot net leased office property in the Hollywood Media District for $471 per square foot.

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Multifamily Investor Plucks Long Beach Gem

LONG BEACH—JB Matteson buys the Urban Village Apartments, a class-A 129-unit apartment complex north of the downtown submarket, for $42 million.

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Entertainment Remains Top Retail Trend in 2016

LOS ANGELES—Retail leaders talk about the retail trends and concerns we should expect to see in 2016 in this EXCLUSIVE story.

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Powerhouse Retail Team Comes to NGKF

SAN DIEGO—Eight professionals comprising the firm’s retail brokerage team join the brokerage in San Diego and Newport Beach, led by Pete Bethea here as executive managing director, GlobeSt.com learns.

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Brunelli Closes Leases for Dollar Tree, Wawa, Other NJ Tenants

OLD BRIDGE, NJ—R.J. Brunelli & Co. has completed a range of leases that will bring major retailers, automotive services, and medical and personal services to sites throughout New Jersey and other states.

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Office Market Picks Up at Yearend

LOS ANGELES—4Q15 was the best quarter of the year for the Los Angeles office market, which appears to be picking up steam as we head into 2016.

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LAX Industrial Market Gains Much-Needed Product

LOS ANGELES—A joint venture between Panattoni Development Co. and MetLife Real Estate Investors buys a land site to build a 149,040-square-foot industrial class-A property.

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