Los Angeles Business Journal


Real Estate Quarterly: Rent Hike by Tishman Speyer Inspires Other Owners in Westwood

Nobody loves a plot twist more than Angelenos, and here’s a doozy: After years of being overshadowed by its higher-profile neighbors, Westwood stole the spotlight in the third quarter.

Real Estate Quarterly: Landlords Kick Up Asking Rates Despite Losses on Miracle Mile

The fundamentals of the Wilshire Corridor office market continued to improve, however slowly, in the third quarter.

Real Estate Quarterly: Lease, Sales Deals Increase: Vacancies Down Across All Submarkets

Vacancy rates remain in a slide across San Fernando Valley, dropping to 13.3 percent in the third quarter and showing marked improvement from the nearly 15 percent rate recorded the previous year.

Real Estate Quarterly: Interest Builds in More Construction With Steady Demand for Space

Thanks to more than 1 million square feet of product coming on line, the San Gabriel Valley’s industrial vacancy rate rose to 3.2 percent in the third quarter, up from 2.7 percent the prior quarter.

Real Estate Quarterly: Tenants Holding Steady as Industrial, Office Projects Still on Horizon

There’s a lot of wait-and-see going on in the Santa Clarita Valley.

Real Estate Quarterly: Suddenly Hot Glendale Paces Sister Cities; Pasadena Returns Space

Something unusual happened in the Tri-Cities office market last quarter.

Real Estate Quarterly: Industrial Asking Rates Stay Flat Despite Hefty Drop in Vacancies

Third-quarter numbers for South Bay’s office and industrial markets indicated promise in some areas and room for improvement in others as vacancy rates fluctuated and rents remained stagnant.

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With Twist

Matchmaker uses DNA tests to pair up daters

Dating: Matchmaker Julie Ferman looks to turn romance into a science by using DNA tests to pair people.

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Vote on Drilling Might Cost City

Oil: Hermosa Beach could hit gusher – or pay big breakup bill.

Oil: Rejection of drilling project could leave Hermosa Beach facing a big financial hole.

Regulators Beat Around Wedbush

Investment: Founder says scrutiny a product of success.

Investment: Edward Wedbush dismisses the rise in legal and regulatory issues against his firm as a product of its success.

Disney Aims to Draw Startup Stars

Technology: Accelerator offers early look at promising products.

Technology: Disney’s accelerator program offers startups a shot at a Hollywood ending.

Eyewear Maker Has New Vision

RetroSpecs adds own line of pricey frames alongside restoration business.

Eyewear: Frame restorer RetroSpecs & Co. hopes customers like the look of its original collection.

Delivery Firm Sees Budding Opportunity

Nestdrop hopes to generate buzz by adding medical pot to alcohol business.

Marijuana: Nestdrop thinks it’s high time for a medical pot delivery business.

Taking $64,000 Shot for Charity

At $64,000, it’s the most expensive shot of whiskey in the world.

Regional Report

News and notes from communities across Los Angeles County

Opened House: Auctioneer and appraiser Doyle New York has opened an office in Beverly Hills.

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New Focus

Internet: Ora TV looks to expand online network with shows built around Larry King and other celebrities.

Internet: Ora TV aims to expand its online network with stable of celebrity-anchored shows.

Wall Street Flees From Poor Hepatitis B Results

Health Care: Shares of Arrowhead tumble after human results disappoint.

Health Care: Investors check out of Arrowhead Research’s stock after disappointing hepatitis B tests.

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Leasing Firm Commits Long Term to Equipment

Finance: Enverto envisions traditionally staid sector as ripe for app, investors.

Finance: Enverto banks on equipment leases with customers who have been spurned by other lenders.

Playboy Deal Lays Bare Ongoing Shift to Licensing

Media: Arbol Publishing inks deal to produce version for growing Latino market.

Media: Playboy hops to the Latino market with a Spanish-language version of its flagship magazine.

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Marketer Hopes to Make Points With E-Sports Fans

Video Games: Demand for live events directs new business to NCompass.

Video Games: NCompass International works to help live e-sport competitions score a higher profile.

Facial Provider Heads Into Single-Service Sector

Retail & Restaurants: Face Haus bases low-cost treatment on model used by Drybar.

Luxurious facials last an hour, often have to be scheduled in advance and don’t come cheap. But one local company plans to change all that.

Movie Site Changes Name to Make It in Show Biz

Media & Entertainment: SpiritClips ditches moniker for Feeln to highlight family films.

Santa Monica movie-streaming service Feeln has found its recent image overhaul to be good for business.

News of the Week

Last week’s major news from labusinessjournal.com and other sources

Employment: A forecast released by the Los Angeles County Economic Development Corp. predicted that Los Angeles will hit an employment peak in 2015, regaining jobs lost during the recession.

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The LABJ Stock Index

Market Diary

Investors responded positively during the week ended Oct. 8 after the Federal Reserve decided to wait for more economic data before deciding whether to raise interest rates.