Los Angeles County
Mega Capital Funding Buys 34,000 SQFT Calabasas Office Building for $6.3MM
The two-story Class A asset traded at roughly a 26 percent discount to what a Lithia Motors affiliate paid in 2021, underscoring the...
Culver City Bets $500,000 on a Production Comeback With New Film Incentive Ordinance
The “Heart of Screenland” rolls back permit fees to 2008 levels, extends a 15-year business tax suspension through 2036 and pledges free parking...
StarPoint Lists 53,300 SQFT Multi-Tenant Industrial Complex in Santa Fe Springs for $14.72MM
Beverly Hills firm puts a fully leased 53,300-square-foot small-bay park on Telegraph Road back to market at a 6.5 percent year-one cap rate...
Jamison Lands $60MM Fifth Third Loan to Convert 3424 Wilshire Office Tower into 260 Apartments in Koreatown
Recorded title documents show a related-party transfer of the 13-story Koreatown tower into a Delaware joint venture entity preceded the construction financing for...
Fully Entitled South Pasadena Condo Development Site Brought to Market for $13.6MM
The 0.81-acre corner lot at 815 Fremont Avenue carries planning approval for 56 condominiums and ground-floor commercial space, eliminating entitlement risk in a...
34,500 SQFT Pomona Strip Center Tests Investor Appetite for Infill Retail with Listing at $15.88MM
Faris Lee Investments has listed Garey Olive Center in the San Gabriel Valley with flexible zoning that opens the door to residential, medical...
UCLA Clears Environmental Hurdle for 1.35MM-SQFT Westside Pavilion Conversion Into Research Hub
The university’s adaptive reuse play to convert a dead mall into a multidisciplinary science campus moves into formal CEQA review, with a public...
Sharp Capital Tests Glendale Office Demand With Listing for Fully Leased 72,600 SQFT Broadway Tower
Beverly Hills-based investor seeks buyer for 425 W. Broadway as Tri-Cities vacancy hits 26.1 percent Sharp Capital is testing investor appetite for a...
California Exports Climb 4.2% in March as Persian Gulf War Rattles Trade Outlook
The state’s first-quarter export gains mask deeper turbulence as fuel costs surge, Gulf shipments collapse, and California’s share of national export trade slips...
Tri-Grocery Anchored 518,000 SQFT Cerritos Towne Center Leasehold Hits Market in Los Angeles County
The super regional center sits on a municipal leasehold running through 2083 and is being offered on a best-offer basis with no published...
Harbor Associates Lists 59,000 SQFT Summit III at Valencia for $12MM at 8.9% Cap
The Long Beach value-add shop is unwinding its 2021 three-building Valencia acquisition — taking the stabilized office piece to market while shopping the...
Mayer, Hyatt Line Up $200MM Cash-Out Refi on Huntington Beach Oceanfront Resort
The proposed five-year, interest-only loan would retire $182 million in maturing debt and return more than $12 million in equity to ownership, signaling...
