Los Angeles Business Journal

LABJ SPECIAL REPORTS

Buyers Find Downtown Attractive Even as High Vacancies Persist

REAL ESTATE QUARTERLY: Downtown L.A.

The downtown L.A. vacancy rate inched modestly higher in the third quarter, reaching 18.4 percent, while at the same time asking rents rebounded to $3.22 a foot, according to research compiled by Jones Lang LaSalle Inc.

Rents Rise in Hollywood as ‘Good Stuff’ Attracts Premium Prices

REAL ESTATE QUARTERLY: Hollywood

Office vacancies in Hollywood climbed slightly, up to 15.4 percent in the third quarter from 14.2 percent the prior period, and a full 5 points higher than the same period a year earlier. More than 25,000 square feet came back onto the 2.3 million-square-foot market in the quarter, according to data from Jones Lang LaSalle Inc.

Santa Monica Continues to Command Top Dollar in Sales, Leases

REAL ESTATE QUARTERLY: Westside

One of the Westside’s trophy properties hogged the spotlight in the third quarter. The 97 percent-leased Lantana Entertainment Media Campus, at Olympic and Exposition boulevards in Santa Monica, traded for a whopping $328.4 million in July.

Vacancies Dip, Absorption Rises As Departure of Farmers Looms

REAL ESTATE QUARTERLY: Wilshire Corridor

Miracle Mile usually leads the news out of Wilshire Corridor, which stretches from Beverly Hills to downtown Los Angeles, but it was the less swanky Park Mile and Wilshire Center to the east that made headlines in the third quarter.

Industrial Market Tightens Further, Driving Asking Rents Higher

REAL ESTATE QUARTERLY: San Gabriel Valley

The vacancy rate dropped by 8 basis points in the San Gabriel Valley industrial market in the third quarter, driving average asking rents up from 42 cents to 45 cents.

Top-Tier Space Taken, Rental Rates Continue Roller Coaster Ride

REAL ESTATE QUARTERLY: Santa Clarita Valley

Average asking rates for office space in Santa Clarita continued to yo-yo like the SlingShot ride at Magic Mountain in the third quarter.

Balance Struck in Sales and Leasing Activity Throughout Tri-Cities

REAL ESTATE QUARTERLY: Tri-Cities

Slow and steady growth characterized the Tri-Cities real estate market in the third quarter, but increased activity might be on the near horizon.

August Pause Does Little to Slow Momentum Coming From Ports

REAL ESTATE QUARTERLY: South Bay

The South Bay industrial market remained tight in the third quarter as improved port activity continued to lift the market.

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To the Rescue

Banking & Finance Quarterly

When Broadway Federal Bank ran into trouble, Asian-American financial institutions buoyed L.A.’s oldest and only black-owned lender.

Required to Do Good While Managing Risks

Banking & Finance Quarterly

Lenders bank on a variety of ways to satisfy the Community Reinvestment Act’s requirement to support poor communities.

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Spinning Into Gold

Special Report: Innovation / Tech Transfer

From a security software maker to the developer of an implantable spinal cord neuromodulator, the Business Journal highlights seven spun-out ventures looking to ride the lab coattails of USC, UCLA and Caltech

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ARMORWAY INC.

Special Report: Innovation / Tech Transfer:

Armor software uses analytics to plan security resource allocation to mitigate risk at optimum cost.

L-NUTRA

Special Report: Innovation / Tech Transfer

L-Nutra is developing medicinal food for cancer treatment and anti-aging uses.

IMAGINAB INC.

Special Report: Innovation / Tech Transfer

ImaginAb is developing new ways of imaging metastatic prostate, pancreatic and ovarian cancers that aim to give the oncologist a better handle on the extent of disease to improve treatment decisions.

ARMAGEN TECHNOLOGIES INC.

Special Report: Innovation / Tech Transfer

Armagen Technologies is developing enzyme replacement therapies for Hurler and Hunter syndromes, two rare diseases.