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CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Winds Down Quixote, Weighs Sunset Glenoaks Exit and Pulls 130,000 SQFT Fourth & Traction Offline in LA Reset

Hudson Pacific Properties used its third-quarter call to lay out what it is shedding, emptying and rebuilding in Los Angeles: the wind-down of...

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CommercialFeaturedIndustry NewsLeasingLos AngelesOrange CountySan Diego

WeWork Report: Los Angeles Footprints Up 13%, Enterprises Expand 45% Despite Soft Office Market

WeWork's mid-year analysis ranks Los Angeles first among U.S. and Canadian markets for footprint growth, with enterprise members expanding their space 45 percent...

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People on the Move

Cushman & Wakefield’s Mark Weiss Takes Over GSA Public Buildings Service, Inheriting L.A.’s 752,000 SQFT Spring Street Courthouse Sale

Mark S. Weiss, a 42-year New York office broker and executive vice chairman at Cushman & Wakefield, will run the federal government's 360...

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FinanceIndustry NewsLos AngelesResidential

Brookfield Walks Away From $600MM, 785-Unit Beaudry Tower in Downtown LA Rather Than Refinance $360MM Loan

Brookfield is surrendering the 64-story Beaudry, one of the tallest apartment towers in California, less than four years after it opened, leaving Apollo-owned...

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AECCommercialIndustry NewsLos Angeles

Riboli Family Wins LA Planning Commission Approval for 225,000 SQFT Grimshaw-Designed Office Building at 130 College in Chinatown

The Los Angeles City Planning Commission has backed the Riboli family's plan to swap a former bus storage lot at the seam of...

Downtown Los Angeles at Twilight
Industry NewsLeasingLos AngelesRetail

Los Angeles Borrows San Francisco’s Vacant to Vibrant Playbook With $500,000 Bet on Downtown Storefronts

Los Angeles is putting $500,000 in federal block grant money behind its own version of San Francisco's Vacant to Vibrant program, betting that...

Downtown Los Angeles Arts District
CommercialFeaturedIndustry NewsLeasingLos Angeles

LA Office Extremes: East Downtown Vacancy Hits 57.9% While San Gabriel Valley Holds at 8.2%

The most and least vacant office submarkets in Los Angeles sit about 20 miles apart, with CBRE putting East Downtown vacancy at 57.9...

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CommercialFinanceIndustry NewsLos Angeles

Kam Sang Takes Title to 1,159,000 SQFT Wells Fargo Center South in DTLA via Deed-in-Lieu, Lands $68MM East West Bank Loan

Los Angeles County records show Kam Sang Company's New Age 355 took title to Wells Fargo Center South from a Brookfield entity through...

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CommercialFinanceIndustry NewsLos AngelesResidential

Jamison Properties Buys 160,000 SQFT LA World Trade Center Site for $53.2MM, Locking In Basis for 512-Unit Downtown Conversion

Jamison Properties paid $53.2 million for the 3.68-acre LA World Trade Center property at 350 S. Figueroa St., a deal Kidder Mathews classified...

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AECHospitalityIndustry NewsLos Angeles

Chetrit Family Opens 348-Room Hotel Clark in Downtown LA After 27 Years and Three Failed Launches

After 27 years of ownership and at least three aborted launches, the Chetrit family has quietly opened the 348-room Hotel Clark at 426...

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CommercialIndustry NewsLeasingLos Angeles

Buro Happold Takes Full 14,000 SQFT Floor at Silverstein’s U.S. Bank Tower in Downtown Los Angeles

Buro Happold, the British engineering consultancy behind the structures and systems of several of Los Angeles’ signature cultural buildings, has signed a five-year...

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CommercialIndustry NewsLeasingLos Angeles

Morgan & Morgan Grows to 14,000 SQFT at Silverstein’s U.S. Bank Tower, Locking In Downtown LA Through 2037

Morgan & Morgan, the plaintiff-side injury firm that opened its first Los Angeles office inside U.S. Bank Tower, is adding 5,091 square feet...

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