Los Angeles
Ace Hotel Downtown LA Sells for $117M
Park Hotels & Resorts sold the asset to pay down debt from its recent acquisition of Chesapeake Lodging Trust.
EverWest Buys Los Angeles Warehouse for $39M
The company acquired the 181,730-square-foot industrial property in a sale-leaseback transaction.
EQ Office Sells 137 KSF Los Angeles Office Park
Recently, the company spent $1.8 million on upgrades at the three-building property.
Rexford Grows Industrial Holdings With $100M Buy
The REIT’s streak of acquisitions continues with the addition of two properties in Southern California.
CIM Group Signs Andersen to Los Angeles Tower
The independent tax firm will occupy two floors at the 1.3 million-square-foot office building starting in mid-2020.
SRS Real Estate Appoints Orange County VP
John Few’s previous experience includes more than 16 years in consulting and brokerage services for restaurant and entertainment companies.
Los Angeles Retail Center Scores $18M Refi
The new CMBS loan will retire a 6-year-old note from Sun Life Financial.
Mixed-Use Los Angeles Project Lands $52M Loan
The office and retail development will be located in a downtown L.A. Opportunity Zone near a $488 million infrastructure upgrade.
Value-Add Play Wins $64M in Suburban Los Angeles
As demand grows for big blocks of office space, Griffin Capital Essential Asset REIT emptied 2160 Grand Ave. in El Segundo, Calif., and sold the 151,300-square-foot building to SteelWave.
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.