Los Angeles
Belay, Harbor Associates Buy 2 Office Assets for $57M
In separate joint ventures, the partners acquired properties totaling 302,000 square feet in Denver and the suburban Los Angeles city of Glendale, Calif.
JV Acquires SoCal Twin Towers for $107M
Equity Office Properties sold the office buildings in Torrance, Calif., to The Ruth Group and Roxborough Group, in a deal handled by Newmark Knight Frank.
2-State Self-Storage Portfolio Changes Hands
Cushman & Wakefield and JLL teamed up to represent the seller of the institutional-caliber properties, which serve upscale areas of Los Angeles and Houston.
Trammell Crow-Led Team Kicks Off $453M Mixed-Use Project in LA
Vermont Corridor, the product of a public-private partnership, will revitalize a stretch of the city’s Koreatown neighborhood with office, residential and retail space, along with county services.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
Port Logistics Group Inks 1.5M KSF Lease Renewal in CA
NAI Partners and Savills Studley represented the logistics firm in its five-year lease extensions in an industrial hub near Los Angeles.
Netflix Signs Full-Building Lease at Hollywood Office Development
Hudson Pacific Properties’ EPIC project on Sunset Boulevard lands the media giant more than a year in advance of its completion.
On the Market: 5 Interesting Listings for September
This month’s listings include office, retail and industrial properties located in desirable neighborhoods in or near Las Vegas, Orlando, Minneapolis, Atlanta and Los Angeles.
Dole Food Sells HQ for $50M
CBRE secured the buyer for the fruit and vegetable company’s campus in Westlake Village, Calif. The seller will lease back a segment of the three-story building.
Westcore Properties Adds LA-Area Facility to Holdings
The fully leased industrial facility is located in Moorpark, Calif. NKF Capital Markets worked on behalf of the seller, whereas the buyer was self-represented.