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Thursday, April 30, 2015

Silverlake Build Attracts Residents Away from DTLA

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.

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

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.

via Los Angeles http://ift.tt/1P8XSN1

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.

via Los Angeles http://ift.tt/1DC80r1