Los Angeles County
HVN Development Breaks Ground on 77-Unit Affordable Housing Complex at 9038 Reading Ave. in Westchester
HVN Development has started work on a 77-unit, all-affordable apartment building at 9038 S. Reading Avenue, the second of three Westchester projects the...
Pacific Urban Investors Grabs 168-Unit Preston in Miracle Mile for $70.5MM as Sares-Regis Books a Loss
Pacific Urban Investors extended its Los Angeles buying streak with the $70.5 million purchase of the Preston apartments in Miracle Mile, a price...
Institutional Investor Acquires 179,000 SQFT San Dimas Commerce Center for $41MM
An unnamed national institutional investor has purchased San Dimas Commerce Center, a fully parceled 19-building light industrial park in the San Gabriel Valley,...
Nine TV Productions Win $121MM in Tax Credits as LA Soundstages Sit One-Third Empty
California awarded $121.3 million in film and television tax credits to nine new television series on Aug. 10, steering $608 million in production...
30,000 SQFT Beverly Hills Office Building at 132 South Rodeo Drive Sells for $51.5MM, or $1,724 Per Square Foot
A 1962-vintage Class B building a block south of Wilshire Boulevard has traded at a price that clears every recent Beverly Hills office...
Santa Monica Bets $3MM and Chain-Friendly Zoning on Reviving a 30% Vacant Third Street Promenade
Santa Monica is pouring public money, rewriting zoning and throwing monthly street parties in a high-stakes push to refill a Third Street Promenade...
Local Money Now Buys One in Five Inland Empire Retail Properties as Los Angeles Capital Retreats
A decade-long review of CoStar sales data by Progressive Real Estate Partners found that buyers based in Riverside and San Bernardino counties have...
L.A. County Commits $15MM to 60-Unit Supportive Housing Conversion at Norwalk’s Metropolitan State Hospital Campus
The Los Angeles County Board of Supervisors has approved $15 million in additional funding to convert a long-vacant 1920s building on the Metropolitan...
Terreno Realty Acquires 36,000 SQFT Torrance Industrial Building for $14.7MM, Lands Maritime Drone Sensor Maker as Tenant
Terreno Realty Corporation has paid roughly $14.7 million for a fully leased distribution building near the 405 in Torrance and lined up a...
Jackson Square Properties Acquires 544-Unit Shores in Marina del Rey for $170MM
Jackson Square Properties has closed on the Shores, a 544-unit waterfront apartment community in Marina del Rey, in one of Los Angeles County's...
Japan’s APA Hotel Acquires 105-Room Kimpton La Peer for $63MM in West Hollywood
Tokyo-based APA Hotel's purchase of the boutique Kimpton La Peer marks the Japanese chain's first major U.S. acquisition under a five-year plan to...
The Olson Co. Buys Entitled Monterey Park Office Campus from BH Properties for $24.8MM, Clearing the Way for 159 Townhomes
The Olson Co. has acquired a vacant 120,191-square-foot office campus in Monterey Park from BH Properties for $24.8 million, taking control of a...
