Home Commercial Hines Seizes on Market Discount With $428MM Purchase of LA’s 14-Acre Runway Complex in Playa Vista
CommercialFinanceIndustry NewsLos Angeles

Hines Seizes on Market Discount With $428MM Purchase of LA’s 14-Acre Runway Complex in Playa Vista

Share
playa vista
Photo by Elena Takmakova on Unsplash
Share

Houston-based firm buys mixed-use property for 10 percent less than 2016 sale price as investors hunt for bargains in commercial real estate Hines, one of the nation's largest real estate investment firms, has purchased a sprawling mixed-use property in Los Angeles for $428 million, betting that distressed pricing in the commercial market has created an […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

Enlaza Therapeutics Renews 37,000 SQFT in Torrey Pines as Class B Lab Vacancy Hits 2.1%

Enlaza Therapeutics, a venture-backed La Jolla biotech with a Vertex Pharmaceuticals collaboration...

Mosaic Development Seeks to Split Venice Lot at 1321 E. Palms Blvd. Into Seven Townhomes Under SB 1123

Mosaic Development has asked Los Angeles to carve a Venice single-family parcel...

After a Decade of Failed Plans, 5600 Hollywood Blvd. Pivots to Seven-Story, 168-Unit Modular Apartments

SPF:architects has unveiled a seven-story, 168-unit modular apartment design for the vacant...