Los Angeles
Prime Silicon Beach Office Building Recapitalized
Olive Hill Group has partnered with Artemis Real Estate Partners on a roughly 113,000-square-foot creative office asset in downtown Santa Monica, Calif.
Kingsbarn Realty Capital Sells CA Asset
Boyd Watterson Asset Management purchased the 77,790-square-foot office building located in Camarillo for $15.6 million. The fully occupied asset came online in 1985.
Stos Partners Sells San Diego-Area Assets for $34M
In separate transactions, the company has sold a two-building, 170,805-square-foot industrial property in Chula Vista to KKR and a 50,643-square-foot office property in San Dimas to non-profit JJATC.
Trammell Crow Breaks Ground on 3 SoCal Facilities
The company teamed up with Clarion Partners to develop the next phase of The Center at Needham Ranch, a Class A property in northern Los Angeles County totaling more than 400,000 square feet.
Japanese Food Supplier Consolidates Operations Near LA
Mutual Trading Co. has signed a long-term lease at Goodman Logistics Center El Monte, which is under development. The company is expected to occupy the space by year’s end.
Rexford Industrial Spends $30M on 2 LA Assets
The REIT acquired two properties within prime infill submarkets. Both buildings were fully leased at the time of the deal.
TA Realty Pays $139M for LA County Office Tower
The subsidiary of The Rockefeller Group acquired the building in El Segundo, Calif., ahead of sole tenant Northrop Grumman’s lease expiry. VEREIT is the former owner of the 340,000-square-foot tower.
CommonGrounds Inks 46 KSF Lease in LA
The coworking firm has signed a 13-year lease at Lincoln Property Co.’s 915 Wilshire Blvd., in the downtown L.A. financial district.
Newmark Knight Frank Completes Santa Monica Creative Office Sale
Following a capital improvement program in 2014 that included building system upgrades, Prototype Industries sold the three-story boutique property for $16 million.
Warner Bros. to Move Into 2 New LA-Area Office Buildings
The company’s 800,000-square-foot lease with Worthe Real Estate Group and Stockbridge Real Estate Fund is part of a complex set of deals that will play out through 2023.