Los Angeles
CBRE Assembles New Investor Leasing Leadership Team
Scott Marshall, Adam Mullen and Chris Zubel have been promoted to key roles in the company.
Marcus & Millichap Closes Sale of Tarzana Center in LA
The campus, consisting of office and medical buildings, was sold by Sierra Corporate Management for $32 million.
NAI Capital Appoints New Executive Managing Director
In his new role, Joseph Faulkner will oversee the company’s commerce office and will spearhead the efforts to grow the firm’s tenant representation services in Downtown L.A.
LA-Area AT&T Data Center Trades for $80M
The purchaser will assume the existing absolute net lease with AT&T Corp., which expires in May 2026.
Allianz Secures Stake in Park Place Mixed-Use Campus
The company has entered a joint venture with LBA Realty and Principal Real Estate Investors.
First El Monte Industrial Infill Project in 8 Years Opens Doors
Magellan Gateway is the first major project of its type to open in the area in nearly a decade.
D.A. Davidson Gets a New Managing Director
Established banker will head up real estate division in Baltimore office.
Ashford Trust Completes Sale of Two-Hotel Portfolio
The buyer assumed the existing debt of $24 million and obtained net proceeds of roughly $11 million.
60-MW Solar Project Reaches Commercial Operation in LA
The facility’s clean energy goes to the Los Angeles Department of Water and Power.
LAX Hotel Transitions to Hyatt Regency
The 580-key Concourse Hotel is undergoing a $75 million renovation.