Los Angeles
BLT Enterprises Inks 3 SoCal Leases
Enterprise Rent-a-Car, NN Inc. and United Rentals Realty have signed industrial leases totaling more than 100,000 square feet in Irvine and Santa Monica.
AECOM Tapped to Build $1B Mixed-Use Asset in LA
Related Cos. selected the global engineering firm to take on the role of general contractor for The Grand, a transit-oriented development, which will include retail, a movie theater and a 314-key hotel.
AVANA Capital Closes $60M Construction Financing
The company provided the loan to Mogul Capital for the development of a dual-branded hotel, comprising 354 guestrooms, in Hawthorne, Calif.
South Bay Office Building Changes Hands
PCCP LLC has provided a $29.1 million senior loan for the purchase of a nearly 89,000-square-foot, eight-story office building near the LAX Airport.
NKF Capital Markets Brokers 133 KSF LA Office Building Sale
TH Real Estate acquired a 133,000-square-foot office property in Westlake Village, Calif. At the time of sale, the two-story asset was 91 percent leased.
Meridian Buys 3-Asset MOB Portfolio in LA
The project also includes the repurposing of an existing, two-story 8,280-square-foot building into a new single-story 9,200-square-foot Type V-A ambulatory, outpatient clinic.
Hudson Pacific to Sell 4 Office Assets for $255M
Different buyers will purchase the properties, which are located in premier markets in Northern and Southern California. The proceeds will go toward value-add acquisitions.
DTLA Creative Campus Lands $122M Financing
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District.
Ventus Group to Develop $300M Mixed-Use Project
The 4.4-acre project will consist of 408 residential units, approximately 74,000 square feet of commercial space and a 298-key hotel. The residential component will also include 82 affordable units.
Ascentris Snags 143 KSF Office in the San Fernando Valley
A private investor sold Tri-Center Plaza in Van Nuys, Calif., to Ascentris. The new owner is set to embark on a renovation program that includes upgrading the exterior, amenities and modernizing the common areas.