The Real Deal
State Compensation Insurance Fund Acquires 159,000 SQFT Pasadena Tower for ~$33MM, a 43%Discount to Swift’s 2019 Basis
California’s public workers’ compensation carrier plans to anchor the nine-story Class A building as a Southern California hub while leasing the balance to...
MDH Partners Pays $105MM for Chino Distribution Center in 1.6MM-SQFT Nuveen Portfolio Play
The Atlanta firm’s Fund III lands its Inland Empire West “crown jewel” at $256 per square foot, extending a West Coast push that...
Izek Shomof Files to Convert 19-Story, 400,000 SQFT Glendale Office Tower Into 312 Residential Units
Prolific adaptive reuse developer acquires 101 N. Brand Boulevard at a 54 percent discount from its 2016 sale price, betting on residential demand...
Kam Sang Company Pursues Dual-Tower Strategy With Hilton Glendale Condo Conversion and New 25-Story, 226-Key Hotel
Arcadia-based developer files adaptive reuse application for 351-room Hilton while advancing plans for a ground-up luxury hotel on adjacent Glenoaks Boulevard parcels Kam...
Hermès Revealed as Mystery Buyer of Record-Setting $400MM Beverly Hills Property at 338 North Rodeo
The French luxury house’s acquisition of two adjoining parcels totaling 28,000 square feet sets a single-property record for the famed retail corridor and...
Rising Realty Partners Defaults on $300MM One California Plaza in Downtown Los Angeles Receivership
The towering glass facade of One California Plaza once symbolized downtown Los Angeles’s aspirations as a thriving business hub. Today, the 42-story office...
