Los Angeles
Santa Clarita Shopping Center Trades for $70M
The 153,686-square-foot center, which is 95 percent occupied, traded in an off-market transaction brokered by Colliers International.
NGKF Closes Sale of LA-Area Office Campus
The four buildings comprise a total of 394,524 square feet of Class A space and are 95 percent occupied.
Compton Industrial Space Completely Leased
UPS took more than 500,000 square feet of space at the LEED Gold-certified Brickyard South Bay in September. Best Buy is now taking up the rest with the signing of a 10-year contract.
LA Airport’s $1.6B Makeover Advances
Granite Construction wins a key contract for the Midfield Satellite Concourse project, which will add 750,000 square feet and 12 new gates at the nation’s second-busiest airport.
Champion Revamps SoCal Shopping Center
The new Sprouts Farmers Market in Glendora is part of a $32 million redevelopment slated for completion this summer.
Irvine Co. Inks 50 KSF Leases in Irvine Spectrum
The six new deals at 200 Spectrum Center Drive bring the building up to 93 percent leased, just one year after opening. Tenants include innovators in tech, co-working, gaming, law, finance and automotive.
Irvine Co. Acquires 216KSF Campus
The property is currently 95 percent leased to technology, medical device, research and development, real estate and engineering companies.
Madison Partners Brokers Hollywood Office Sale
The 29,000-square-foot property, which is fully leased by Deluxe Entertainment Services, traded for $12.6 million.
Walmart Anchors Largest Shopping Center in Rialto
The 239,552-square-foot property developed by NewMark Merrill Cos. and Pacific Retail Partners is nearing completion 13 years in. Rialto Marketplace will bring NewMark’s portfolio to more than 86 shopping centers.
Avison Young Taps LA County Research Manager
Arty Maharajh joins from Cushman & Wakefield and brings 16 years of commercial real estate research experience.