Los Angeles
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.
Lincoln Property Co. Nabs LA-Area Office Tower
The firm and its partner Long Wharf Capital acquired the 101,526-square-foot office tower and plans to renovate and reposition the asset.
Quantum Capital Secures $34M Financing for DTLA Outpatient Facility
The firm acted on behalf of Robhana Group, which purchased the site in 2012. Developer Inception Property Group broke ground on the 60,000-square-foot medical office building in February.
Raith Capital Lands $22M in Financing for 2 Assets
The company plans on using the equity to renovate Avera Commerce Center, an industrial campus in Texas and recapitalize The Centre at La Quinta, a shopping center in California.
Hotel Indigo Opens in DTLA
The 350-key property is part of Greenland USA’s mixed-use Metropolis development and marks the brand’s first project in the City of Angels.
Marcus & Millichap Closes on 79KSF SoCal Self-Storage Facility
The company acted on behalf of the seller and also secured the buyer of the 626-unit property in Palmdale, Calif.
Daum Commercial Inks SoCal Lease
Summit Financial Consultants leased a Class A property at Westlake Park Place, an eight-building office complex situated on a 27-acre site in the Conejo Valley.
Stirling Development Marks Milestone for 370 SF Industrial Facility
The 47 percent pre-leased building is part of Southern California Logistics Airport, an 8,500-acre multimodal freight transportation hub.
Ingenuity Studios Inks Lease in LA’s Hollywood Media District
Savills Studley and Avison Young represented the company in the transaction.