Los Angeles
JLL Brokers Sale of 107 KSF Studio Campus
Gaw Capital Partners has acquired the 107,875-square-foot asset in the Atwater Village of Los Angeles. JLL worked on behalf of the seller in the transaction.
American Realty Advisors Names New EVP
Shelley Santulli brings more than 26 years of experience in real estate investment management to the company and will work on developing new products and business initiatives.
Hollywood Development Site Sells for $17M
The site will host a mixed-use development, featuring an apartment building, a hotel and retail space. JLL completed the sale on behalf of the buyer.
LA-Area Office Building Changes Ownership
CIM Commercial Trust is set to purchase The Union Bank of California Building in Beverly Hills, Calif. The 97,000-square-foot asset has not changed hands for more than 40 years.
Mid-Rise LA Office Building Changes Hands
Curo Enterprises sold a 74,000-square-foot office property in North Hollywood, Calif., to Swift Real Estate Partners. The transaction was subject to an $18.8 million acquisition loan.
JV to Build $1.2B Angels Landing High-Rises
Three companies have teamed up to develop the mixed-use project planned for the 2.2-acre site on L.A.’s Bunker Hill. The towers are expected to be among the tallest in all of the western U.S.
Douglas Emmett Snags $144M Beverly Hills Office
Home to several health-care businesses, the 146,300-square-foot building is located at 9401 Wilshire Blvd., at the corner of Wilshire and Canon in the Beverly Hills Golden Triangle.
Southern CA Office Campus Lands Tenants
The OPEN campus features three office buildings and two retail buildings and is expected to begin welcoming new tenants in spring 2018.
NoHo Office Asset Lands $68M in Financing
Developed in 2009 by J.H. Snyder Co., Lankershim Plaza is a nine-story, LEED Gold-certified building with an adjacent six-story, 723-space parking garage.
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.