Los Angeles
BlackRock Sells LA Office
Eastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.
Asian Investors Flock to Downtown LA
Mega-luxury projects are taking shape in the area, helping revitalize the city. But some executives at the 2017 ULI Fall Meeting expressed concern about the potential for oversupply.
SVN Sells Westlake Medical Office
Located in the heart of Westlake Village, Calif., the 29,783-square-foot medical building was sold for $8.9 million. The Pacific Bridge Team arranged the transaction.
Sares Regis to Redevelop Former Toyota HQ
The 110-acre property is home to more than 2 million square feet of office and industrial space in Torrance, Calif., including special amenities such as a data center, hydrogen fueling stations and helipads.
NKF Adds Executive VP to LA Office
The newest member of the LA team brings more than 20 years of experience in real estate valuation. Miles Loo Jr. specializes in data center valuation and recognized the impact that IoT would have.
Pacific Center Changes Hands in Torrance, CA
HFF worked on behalf of the seller, Stream Realty Partners, and procured the buyer. The class A office building currently has eight vacant spaces.
HDR Opens New LA Studio
The architectural, engineering and consulting firm leased more than 25,000 square feet of office space in downtown Los Angeles. The company selected Usman Tariq to lead the new location.
Canyon Square Plaza Trades for $23M in Santa Clarita
Kimco Realty REIT sold Canyon Square Plaza to a private high-net investor. The occupancy rate of the property was 96 percent at the time of the sale.
Vornado Sells LA Office Asset for $148M
The company sold 800 Corporate Pointe, a four-story, 245,786-square-foot building in Culver City, Calif., to Northwood Investors. NKF’s Capital Markets team represented the seller in the transaction.
Clarion Partners Lands $105M for LA Industrial Facility
HFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.