Los Angeles
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.
Lionstone Secures $57M Refi for Santa Monica Assets
HFF arranged a 15-year, fixed-rate refinancing and floating-rate loan through Principal Real Estate Investors, for two mixed-use and two office assets in Santa Monica.
Terreno Nabs 8 CA Industrial Buildings for $28M
The 152,000-square-foot industrial property, containing both distribution and flex buildings, sits near Interstate 105, within 15 miles of downtown Los Angeles.