Los Angeles
LA Office Vacancy Improves in April
Leasing activity in the market’s CBD increased for the first time this year.
Korean Investor Pays $520M for Industrial Portfolio
Totaling 1.2 million square feet, the properties are triple-net leased to Amazon.
Prime Data Centers Expands in LA With 33MW Facility
Anticipated to come online by the end of next year, the development will be the company’s first in Southern California.
Atlas Capital Pays $40M for LA-Area Industrial Redevelopment Site
This 1970s office campus in a supply-constrained submarket could get new life.
Rexford Industrial Pays $164M for Southern California Assets
So far this year, the company has closed $774 million in acquisitions.
Terreno Realty Buys 2 LA-Area Industrial Assets
The properties traded for a combined $27.2 million.
Legendary Group Plans Downtown LA Office Tower
Designed by Gensler, Above will accommodate the growing demand for creative space in the city’s Arts District.
LA Office Investment Strong in Q1
Sales were concentrated in entertainment and media production neighborhoods.
Construction Kicks Off on $500M LA Production Facility
Located in the San Fernando Valley, the high-tech facility is on track for completion in 2023.
L.A. Office Sector’s Mixed Performance in Q1
Office development activity was robust through the first quarter, while vacancy recorded little to no improvement.