Los Angeles
LA Storage Facility Secures Construction Loan
World Class Capital Group and Barings received $30 million in financing for a 188,600-square-foot project in the city’s Chinatown neighborhood.
Bridge Development Buys Industrial Facility for $68M
Lee & Associates facilitated the sale of a 261,528-square-foot industrial asset located in Los Angeles, near the city’s downtown. The firm represented both the seller and the buyer in the deal.
Colliers Appoints Regional President
David Josker will oversee all of the firm’s southwestern offices. Most recently, he served as CBRE managing director in the Los Angeles area.
On the Market: 5 Interesting Listings for January
This month’s listings include an historic property in Austin, Texas; a recently renovated hotel in the Minnesota suburbs; and a retail asset in the San Fernando Valley of Los Angeles.
NKF Adds Market Veteran in Los Angeles
Jim Linn joined the company as executive managing director. His professional track record includes positions with Talos Capital, CenterPoint Properties Trust and Grubb & Ellis.
Next Phase of $180M CA Mixed-Use Project Breaks Ground
DWS Group has started construction on Village Shops, the latest component of the property’s redevelopment, which will include more than 60,000 square feet of retail.
LA Landmark Conversion to Bring Creative Office, Retail
HFF facilitated a bridge loan from J.P. Morgan for the renovation of the historic Herald Examiner Building on behalf of its developer, The Georgetown Co.
How Public Transit is Driving Development in Los Angeles
In an exclusive podcast interview, Lee Shapiro of Kennedy Wilson discusses mixed-use developments taking shape in LA and how the famously car-centric city is embracing public transportation.
Skechers Breaks Ground on $150M SoCal HQ Expansion
The international footwear company will increase its presence with roughly 180,000 square feet of new and expanded space in the Los Angeles-area beach communities of Manhattan Beach and Hermosa Beach.
Santa Monica Retail Receives $10M Refi
NorthMarq’s Los Angeles office secured the permanent fixed-rate loan through a CMBS lender. The approximately 16,000 square feet retail space is located in the city’s shopping district.