LOS ANGELES--Months after completion, SL70, a 70-home development in Silverlake, reports selling more than half of the properties, with 40% of the buyers moving away from the downtown market.
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Thursday, April 30, 2015
Industrial Properties Attract Higher Demand
THOUSAND OAKS, CA--When an office property couldn't sell, a brokerage team at Colliers International repositions the asset as an industrial property and closes the deal.
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Tim Foutz Joins NAI Board of Directors
LOS ANGELES--After being named the company's CEO in March, Foutz is voted onto the board of directors, along with Richard Gold as treasurer and Michelle Stein secretary.
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Retail Development Continues to Lag
LOS ANGELES--Bob Peterson of Passco talks about where retail investors are finding opportunities as pricing continues to rise and why it's a good thing that retail development is being kept in check, in this EXCLUSIVE interview.
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Industrial Supply Under Control
LOS ANGELES--Industrial supply has not yet caught up to the healthy demand, resulting in upward pressure on pricing, Duke Realty's Nick Anthony says in this EXCLUSIVE interview about the market and upcoming NAIOP I.CON conference in June.
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Wednesday, April 29, 2015
DHL Signs 235,000-SF Lease Extension
LOS ANGELES--The logistics company signs a six-year lease extension valued at nearly $12 million at its current industrial facility in Redondo Beach, CA.
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Stroock Names Loryn Dunn Arkow Partner
LOS ANGELES--Law firm Stroock & Stroock & Lavan hires the 19-year industry veteran as a partner in the national real estate practice group at its Los Angeles office.
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