Los Angeles
Robertson Properties Grabs LA Retail Financing
The owner landed $21 million for the building comprising more than 50,000 square feet, which is fully leased to Ralphs grocery store.
Hollywood Retail Property Trades for $61M
Lee & Associates-LA North/Ventura represented Cahuenga Lofts and Ivar Group in the sale of Space 15 Twenty, a 40,000-square-foot shopping and dining destination along the trendy Cahuenga Corridor.
Rexford Industrial Buys $18M SoCal Industrial Facilities
The company purchased two assets totaling 93,898 square feet, located in Simi Valley and Tustin, Calif. The properties traded in off-market transactions.
Oxygen Hospitality Group Buys Palm Springs Hotel
Located at 2000 N. Palm Canyon Drive, the 100-key Ivy Palm Resort & Spa will be subject to a series of tech-drive redevelopments.
Brice Head Rejoins Marcus & Millichap CA Office
Head will be senior vice president of investments in the company’s new El Segundo office. Previously, he was part of the firm’s Los Angeles team for four years.
Meridian Capital Lines Up $105M for SoCal Office Refi
An affiliate of J.H. Snyder Co. used the funds to refinance the 11-story SAG-AFTRA Plaza building along the Miracle Mile in Los Angeles.
Coretrust Picks Up 640 KSF Pasadena Office Campus
The company paid $260 million for Corporate Center Pasadena and is set to invest more than $90 million to upgrade and reposition the four-building asset.
Goodman Group’s LA-Area Logistics Center Hits Full Occupancy
The company signed Damco, a provider of freight forwarding and supply chain management services, to a 10-year lease, occupying all six of its buildings at Goodman Gateway Santa Fe Springs.
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.