Los Angeles Business Journal

Apartment Community Welcomes New Owner

ACQUISITION: 25-acre Baldwin Hills property sells for $60 million.

Bargain hunters willing to buy in bulk might do well to look to Baldwin Hills.

Brokerage At Home In Condos

Agency sees sales soar by moving into deals for high-end units.

Brokerage Agency is putting out welcome mat for high-end condo listings.

New York New Home Field for Frank McCourt?

Development: Former Dodgers owner plans huge tower for Big Apple.

Ex-Dodgers owner Frank McCourt’s new field of dreams is a New York tract targeted for a mixed-use tower.

Tease photo

Century Park on Block With Sky-High Price Tag

REAL ESTATE: Owners looking to sell landmark twin-tower campus for $2 billion.

The owners of the Century Park office campus, perhaps the region’s most recognizable real estate outside of downtown Los Angeles, have put the trophy property up for sale.

Century Park Complex Put on Market

The sprawling Century Park office campus, which includes the headquarters of Creative Artists Agency and the twin Century Plaza Towers, has been put on the market by J.P. Morgan Asset Management.

Tease photo

LivingSocial Relocates Office to Torrance

Despite closing its New York and Seattle offices earlier this summer, the Washington, D.C., company last week signed a lease for 20,000 square feet at the Pacific Center in Torrance.

Upscale Stores See Gold in Brentwood

RETAIL: Market pushed higher by new home for Theory, Helmut Lang.

Several upscale chains have opened in Brentwood, and now a new project is about to break ground to accommodate two more.

A Spoonful of Sugar, Plus ...

Cow Wow flavors milk with familiar taste of breakfast cereals.

Cow Wow is using more than a spoonful of sugar to help its milk go down. The downtown L.A. company is making it taste like breakfast cereal.

SEC Stocking Up on Downtown L.A. Office Space

REAL ESTATE: Executive order has agency leaving Miracle Mile for Citigroup Center.

After many years in the Miracle Mile, the L.A. office of the Securities and Exchange Commission is moving downtown.

Play Maker

Bryan Stockton decided he was game for toy business after more than two decades in the food industry.

Mattel Chief Executive Bryan Stockton beefed up his business resume with an early career stint at Oscar Mayer.

L.A. Firm Finds Hostess Filling

INVESTMENT: Hackman takes big bite of bakery’s portfolio.

Hackman Capital sees a sweet opportunity in the assets it acquired from Twinkie maker Hostess.

Kennedy Wilson Makes North Hollywood Purchase

Beverly Hills real estate investment firm Kennedy Wilson Holdings Inc. announced Tuesday that it has purchased a four-story Class A office building and accompanying seven-story parking structure in North Hollywood at 5161 Lankershim Blvd. for $45 million.

Special Report Who’s Who In Real Estate: Michael Zislis

Restaurateur Relies on Gut

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Small Plots Pull Lots of Attention

DEVELOPMENT: Lennar plans residences for urban infill areas.

Lennar is going for small-lot residences in a big way with its projects in Hollywood.

Special Report Who’s Who In Real Estate: Avi Brosh

Hotelier Still Making Rooms

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Special Report Who’s Who In Real Estate: Jim Butler

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Dallas Duo Kicks Up Sand With PCH Purchase

INVESTMENT: Partners see turnaround opportunity in Pacific Palisades complex.

Fabulous beachside homes are not the only desirable properties along L.A.’s coast.

Special Report Who’s Who In Real Estate: Patrick Deming

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Special Report Who’s Who In Real Estate: Bruce Baltin

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Special Report Who’s Who In Real Estate:Alex Jacobs

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Special Report Who’s Who In Real Estate: Christopher C. Martin

From an interior designer to a real estate developer, the Business Journal speaks with a dozen local players who have no reservations about checking back into L.A.’s hotel market.

Long Beach Building Shores Up Buyer’s Portfolio

ACQUISITION: Unit of John Hancock picks up property for $135 million.

Landmark Square, one of only three Class A office properties in downtown Long Beach, sold earlier this month for more than $135 million.

Tease photo

Towers Power Sky-High Offer

REAL ESTATE: $900 million bid for City National Plaza.

CommonWealth will raise its L.A. profile if it is able to finish its purchase of downtown’s twin-tower City National Plaza.

Hot-Oven Pizza to Grow by Degrees

Dining: Local chains plan to hit road to vie for bigger piece of pie.

The market for pizzas baked quickly in super-hot ovens heats up and local chains lay out expansion plans.

No Stop for Pop-Up Shop In Venice

Furniture design firm to keep doors open at shipping containers.

Design firm Ilan Dei Studio is shocked by the success of its electricity-free shop in a shipping container.

Yoga Mat Maker Stands Firmer After Acquisition

FITNESS: Manduka folds Yogitoes nonslip towels into product line.

For those who practice yoga regularly – particularly sweat-inducing hot yoga – absorbent, nonslip towels that can be spread over slick yoga mats have become an attractive accessory.

Cool Treat Puts Calories on Ice

Duo’s Chilly Ribbons shop to introduce Taiwanese ‘shaved snow’ to SoCal.

Local entrepreneurs hope dessert lovers aren’t too cool to try their “shaved snow” treat.

Tease photo

Out of the Box

Apparel: Winnie & Kat unlocks multilevel marketing model for its ‘stylists’ with use of in-house trunk shows.

Clothing company Winnie & Kat unpacks in-home trunk shows as its version of multilevel marketing.

True Religion Gets New Management

The new owner of True Religion Apparel Inc. has named a new leadership team for the Vernon premium denim maker.

Cleanup, Safety Services Stay in Fashion District

Government: L.A. OKs downtown area’s Business Improvement District.

Trash and crime don’t wear well with downtown L.A.’s fashion businesses. Last week, the L.A. Fashion District Business Improvement District, which provides cleanup and safety services to more than 100 square blocks downtown, was approved for a fifth term.

Tease photo

Hotelier Finds Room in China

HOSPITALITY: SBE takes upscale brand into market.

SBE checks into China with plans for four branded SLS Hotels.

Hollywood: Rising Rents Expected to Stick Around After More Space Opens

REAL ESTATE QUARTERLY

Main events in Los Angeles County’s submarkets.

Eatery Owner’s New Chapter

Lemonade founder’s cookbook may be step in expanding chain.

Lemonade owner’s new cookbook could feed cafeteria chain’s expansion plan.

Tease photo

Veggie Restaurant Looks Out of State To Beef Up Chain

Veggie Grill chain sees healthy expansion opportunity in better-for-you food movement.

Joe’s Jeans to Buy Hudson Clothing

Two Commerce premium denim companies have stitched together a plan to become one.

Game Over for ESPN-Branded Eatery at L.A. Live

DINING: Complex scores triple play with new restaurants to take space.

L.A. Live will sport three new eateries in the space occupied by the shuttered ESPN Zone.

Tease photo

Climbing Ladder

ALCOHOL: Fireman’s Brew drafts industry veteran to help guide the beer maker’s national expansion plan.

Beer company Fireman’s Brew has turned up the heat on an expansion strategy.

Tease photo

Dolls Tuned Up For Multimedia

TOYS: Creator hopes Beatrix band is music to little girls’ ears.

Popstar Club hopes to stage a doll world coup with its Beatrix Girls rock band line.

Rack or Ruin?

Apparel: Leylie Aghili knew filling her first large retail order could sow success or failure as clothing designer.

Clothing designer Leylie Aghili took a cautious, buttoned-down approach to filling her first large retail order.

Business Consultancy Gears Up as Bike Peddler

WHOLESALE: Centric to practice what it preaches as distributor of Durbans.

Collapsible bikes folded into retail consultancy Centric Industries’ business model.

Tease photo

Treat for Franchisees?

Yummy Cupcakes sees shop in San Diego as first of many in United States.

Yummy Cupcakes hopes its plan pans out for franchised shops across the United States.

Music to The Ears of Wine Lovers

Patina, Philharmonic work in concert for Hollywood Bowl bar.

Hollywood Bowl raises glasses to its first-ever wine bar.

Reusable Straw Tough To Swallow?

Fiji Water pitches washable bottle topper as brand builder.

Fiji looks to suck in customers with a new reusable straw and cap set.

Off the Shelf

APPAREL: Shop owner Nevena Borissova returns to fashion design with new line A.O.T.C.

Retailer Nevena Borissova now has designs on launching her own clothing line.

Chain Orders Up Expansion Plan With the Works

dining: Dog Haus aims to serve up franchises in 36 states at outset.

Three Pasadena restaurateurs are betting that entrepreneurs across the country want to snag a bite of their gourmet hot dog concept, Dog Haus.

Hot Times For Cold Treat

Yogurt chain Menchie’s continues to pile on franchise locations.

Menchie’s pours it on as the frozen yogurt chain maintains an aggressive expansion pace.

Tease photo

Document Database Eases Paper Chase of Gangs

SOFTWARE: Long Beach police swept up in market expansion by Laserfiche.

Laserfiche continues to seek and find new customers for its document-handling products.

Malibu REIT Files for Offering of $1.2 Billion

Malibu REIT American Homes 4 Rent projected to raise $1.2 billion.

Ex-Football Player Looks to Fashion New Career

CLOTHING: Full lifestyle brand would be big score for Shawne Merriman.

After retiring from the National Football League last spring, former San Diego Chargers linebacker Shawne Merriman is making moves in a decidedly different field.

Robbins Bros. Rings Up Purchase of Washington Stores

Jewelry retailer Robbins Bros. announced Wednesday that it has purchased E.E. Robbins, Washington jewelry stores with a family tie.