Los Angeles
Global Investors Seek Durability in LA
In an exclusive podcast interview, Genton Property Group CEO Jonathan Genton discusses investment and development trends in the city’s creative office and luxury residential markets.
NKF Acquires 2 IRR Offices in Colorado and California
Brad Weiman, majority partner of the Denver and Pasadena, Calif., offices, will head up the Mountain States region, as the firm’s Valuation & Advisory practice reaches 400 employees.
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.
George Smith Partners Arranges $32M for Coachella Hotel Development
California’s first PACE-financed hotel project, IHG Hotel Indigo will receive $8 million in financing for energy efficiency, as well as a $24.4 million senior construction loan.
Hanley Investment, Voit Arrange $10M Sale of CA Shopping Center
RC Plaza in Rancho Cucamonga features nine retail buildings totaling 37,239 square feet. Current tenants include Starbucks and Pizza Hut.
Skanska to Build $188M Hollywood Hospital Addition
The new acute care services building for CHA Hollywood Presbyterian Medical Center, along with other upgrades and renovations, will total roughly $291 million upon completion in 2020.
CBRE Brokers LA-Area Office Sale
Niagara Water purchased a three-story, 135,000-square-foot asset in Diamond Bar, Calif., and is set to remodel the interior of the building.
Flexport Leases LA-Area Facility
Cushman & Wakefield arranged the transaction on behalf of the tenant for a newly developed industrial facility located in Compton, Calif.
Incipio Signs Warehouse Lease in California
The designer and manufacturer of mobile device accessories leased more than 300,000 square feet in Corona. JLL negotiated the deal on behalf of the tenant, while Colliers represented the landlord.
FRM Associates Buys LA-Area Office/R&D Campus
NKF Capital Markets brokered the deal on behalf of the sellers, Platform Ventures and PMRG. The 574,000-square-foot property has long been home to aviation and defense companies.