Burbank Becomes Creative Industrial Hotspot

BURBANK, CA—A joint venture partnership buys the 14-property Burbank Industrial Park for $56 million with plans to convert it into a creative industrial space that attracts media users.

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Venture Investment Bodes Well for Office Market

LOS ANGELES—The venture capital flooding into the Los Angeles market is a sign that the office market is set for another healthy year, GlobeSt.com reports EXCLUSIVELY.

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Demographics Are Changing Downtown

LONG BEACH, CA—Millennials are heading to the Downtown Long Beach submarket and spurring much of the increased investor interest, GlobeSt.com reports in this EXCLUSIVE interview.

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Industrial Success Won’t Be Effortless in 2016

LOS ANGELES—In this EXCLUSIVE story, Don Ankeny of Westcore Properties, a speaker at the upcoming RealShare Industrial conference, says there is still runway left in the cycle for those willing to work for it.

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Warner Center Drives Multifamily in the Valley

LOS ANGELES—The Warner Center 2035 plan is the impetus behind TruAmerica Multifamily’s $163 million purchase of a Woodland Hills apartment complex, GlobeSt.com reports in this UPDATE to a previous story.

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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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