Los Angeles
Cress Continues Western US Shopping Spree
With the $89.5 million purchase of a five-building Class A office portfolio in Cerritos, the Newport Beach-based company has made its fourth significant acquisition in the past 18 months.
LA-Area Industrial Business Park Sells for $85M
BKM Capital Partners acquired the fully leased facility located in Burbank, Calif. The company plans to invest in capital improvements to enhance the value of the property.
DTLA Plaza Adds New Tenant
UNIQLO will occupy the seventh floor of The Bloc, a mixed-use development located in the heart of Los Angeles. The location marks the brand’s first store in downtown.
Atlas Capital Acquires LA-Area Creative Office Campus
NKF Capital Markets represented the seller, Steelwave, in its disposition of INSITE, a two-building asset that served as a Raytheon research facility.
Trammell Crow Breaks Ground on LA Business Park
The company together with Clarion Partners LLC started the construction of Phase I of The Center at Needham Ranch, located in Santa Clarita, Calif.
Asana Partners Buys LA Mixed-Use Portfolio
Engine Real Estate traded The Fig Collection at Highland Park for more than $23 million. The three-property portfolio includes multifamily, retail and office space.
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan’s 3 Hudson project and West Los Angeles’ Santa Monica Business Park.
Spaces Takes 66 KSF in West LA
The coworking firm continues to capitalize on demand for flexible work space with a lease at the former Univision building, now owned by CBRE Global Investors.
Dedeaux Sells 7-Building LA Industrial Campus
DAUM Commercial Real Estate Services represented the seller in the individual dispositions of the freestanding buildings in Echelon Business Park. They range from 27,438 to 43,166 square feet.
Volkswagen Expands CA Campus With New Lease
Adjacent to the global automotive company’s 2010-built Oxnard test center, BLT Enterprises’ facility is about to get an extensive makeover.