LABJ WEEKLY EDITION
BEAUTY: Skin care firms flesh out strategy to keep items from unapproved sellers.
Skin care company Murad is fighting to end the shelf life of its products being sold by unapproved vendors.
FASHION: Victor Herrero’s Asian ties could help Guess pocket more business.
Clothing company Guess’ announcement of its new CEO proves tailor-made to investors’ liking.
CBRE Group sets up new HQ as home base to push building standard program for offices.
CBRE Group says Well Building standards help the office environment work for its employees.
INVESTMENT: Analysts see exchange’s drop resulting in more money sent here.
Analysts see China’s market crash possibly spurring investors there to stock up on L.A. assets.
INVESTMENT: Vet execs at Houlihan Lokey may seek opportunity to cash out.
Longtime execs could be banking on Houlihan Lokey’s planned IPO as a chance to cash out.
APPAREL: Co-owner says domestic manufacturing boosts YogaSmoga brand.
Athletic apparel brand YogaSmoga is based in New York, but some of its manufacturing – and now all of its growth – is happening in Southern California.
EXPANSION: Keck Medical sees growth as industry copes with Obamacare.
Keck Medicine has been growing. A lot.
DINING: Ricebar co-owners serve fast-casual lunches to local business crowd.
When chef Charles Olalia came back to Los Angeles after getting married in his native Philippines, he decided to start cooking more dishes that reminded him of home.
LENDING: City National, RBC must wait until after merger to work together.
When downtown L.A.’s City National Bank agreed to merge with Toronto’s Royal Bank of Canada, City National Chief Executive Russell Goldsmith said the deal would let his bank do more for its customers by leveraging RBC’s much bigger balance sheet.
Developers look to reap benefits from zoning change in downtown L.A.’s Cornfields area that gives projects break on parking space.
Projects are plowing into L.A.’s Cornfields, near downtown, to take advantage of zoning changes unique to the area.
Developers look to get Lincoln Heights off the ground as the next affordable, “undiscovered” market.
Tenants leased up more office space in Los Angeles County last quarter than they had since before the recession.
A number of large lease deals defined the second-quarter office submarket in downtown Los Angeles.
Continued interest and activity in Hollywood made it the tightest office submarket in Los Angeles County last quarter.
Westside landlords continued to lick their chops in the second quarter as demand for office space outstripped supply for another quarter.
Headline-watchers might be eyeing all the development in downtown Los Angeles, but savvy tenants seeking affordable space with a growing residential population and increasingly easy access to other parts of the city are focused on Wilshire Corridor.
The San Fernando Valley’s commercial submarkets remained heated in the second quarter despite widespread rate-creep continuing to affect tenant costs in the office sector.
Stability was the order of the day in San Gabriel Valley, where second-quarter commercial real estate activity retained its robust postrecession pace.
What happens where there is nowhere to go?
A large new office complex hitting the market in Pasadena made the Tri-Cities office submarket look depleted last quarter despite some significant lease deals.
Years of dismal activity in the South Bay office market finally gave way to good news in the second quarter as rents rose, vacancies declined and much more space was absorbed.
Calendar of events
Lack of safety features is keeping the Angles Flight grounded, but Charles Crumpley writes that the result is kind of dangerous.
INTERNET: MiTú viewed Donald Trump uproar as means to engage audience.
Digital media firm MiTú used the uproar over Donald Trump’s immigration comments to channel viewers to its content.
COLLECTING: Marilyn Monroe shots could sell for millions.
Owner of nude Marilyn Monroe photos believes the iconic images are ready for a big sale.