Los Angeles
L+R Enters U.S. Hotel Market
The company purchased the 283-key Hotel MdR—a DoubleTree by Hilton Hotel in West Los Angeles, which underwent extensive renovations and a repositioning in 2014.
Rexford Sells 1, Acquires 2 CA Industrial Properties
The firm sold an 11,808-square foot building in the Inland Empire, as well as purchased a 96,993-square-foot property in San Marcos and a 43,787-square-foot asset in Long Beach.
George Smith Partners Appoints New Principal
Antonio Hachem has over a decade of specialized capital markets expertise and has most recently worked with Pacific Southwest Realty Services.
Jerich USA Doubles LA Industrial Footprint
Cushman & Wakefield represented the company in extending its current warehouse lease and expanding into an adjacent 107,525-square-foot building.
Miramar Capital Snags $19M CA Office Property
NKF Capital Markets completed the sale on behalf of the seller, Mar Ventures, which was the original developer of the 77,201-square-foot asset in Torrance.
Hanley Arranges Sale of CA Shopping Center
La Verne Courtyard, an 84,368-square-foot property anchored by ALDI and Orchard Supply Hardware, sold for $20.7 million.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
CT Realty Trades $75M SoCal Industrial Portfolio
The company sold several assets in both Poway and Azusa, Calif., totaling more than 520,000 square feet, with the help of CBRE, Colliers International and Kidder Matthews.
SCG America Opens SoCal Hotel
The newly renovated building is home to the 132-key DoubleTree by Hilton and sits within a short drive of California State Polytechnic University and a major conference center.
Dollar General Leases 240 KSF Warehouse
The new lease has increased the company’s presence at Tejon Ranch Commerce Center by nearly 40 percent. A joint venture of Majestic Realty and Tejon Ranch Co. developed the building.