Los Angeles
Rockwood Capital JV Expands LA Office Campus
The upcoming one million-square-foot building is the last to be constructed in the 6.5-acre Water’s Edge in Playa Vista. The project is scheduled for completion by the second quarter of 2020.
Hanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
Kearny Appoints New VP of Acquisitions, Project Management
Steven Hillgren, who is joining the company’s Los Angeles office, adds nearly 10 years of real estate lending experience to Kearny’s roster.
Apex International Expands Footprint with New Lease
DAUM Commercial arranged the lease transaction of a newly upgraded industrial facility in Rancho Dominguez, Calif. The tenant is relocating from a nearby 34,500-square-foot facility.
JV Buys 2 California Office Buildings for $37M
The acquisition is part of Harbor Associates’ and Bascom Group’s $500 million investment plan throughout the Western U.S., over the next two years.
LA-Area Retail Property Receives $8M Loan
The two-story building is located in the Platinum Triangle area of Beverly Hills and will temporarily host Madeo restaurant, a hotspot for celebrities.
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
CBRE Hotels Taps New SVP
Cara Leonard will coordinate with existing team members in arranging financing for large institutional and middle market hotels and resorts.
Erewhon Market: An Organic Approach to Retail
Erewhon’s Jason Widener and Joyce De Brevannes, together with Slated Projects CEO Yuval Chiprut, spoke with CPE about the retailer’s Millennials-focused approach and other efforts that make it competitive in today’s market.
American Realty Advisors Snags CA Industrial Property
A joint venture between Batcheller Equities and Panattoni Development Co. sold the 143,930-square-foot facility in Anaheim, which is currently 100 percent occupied by Rosendin Electric.