Recent Stories
Santa Monica Developers Rush to Get Line on Expo Stations
Mixed-use and residential projects targeted at stops.
Developers are making tracks to build projects around future Expo Line stops in Santa Monica.
Price for Downtown L.A. High-Rise Scrapes Sky
Real Estate: Deal for $240 million by CBRE unit is area’s biggest since 2008.
In what would be the largest sale of a downtown L.A. office building since 2008, CBRE Global Investors, an affiliate of CBRE Group Inc., is under contract to buy a property at 400 S. Hope St. for $240 million, sources told the Business Journal.
Dodgers Neighbors Beginning to Score
Team’s new ownership inspires developers.
New Dodgers ownership a hit with stadium neighbors looking to swing sales and development deals.
Investment Firm Sold on San Pedro Retail Center
ACQUISITION: Park Plaza taken by First Washington in $62 million deal.
A 200,000-square-foot San Pedro retail complex known as Park Plaza was the first shopping center to trade hands this year when it sold for $62 million last month.
Gaining Ground
CEO Bill McMorrow looks to expand Kennedy-Wilson’s real estate holdings with moves into the United Kingdom.
Kennedy-Wilson’s Bill McMorrow credits the structure that comes with being raised in a large family for his work ethic and discipline.
Developer Homes In On West Hollywood
Monarch’s two projects add to apartment boom.
Developer Monarch doubles down on West Hollywood bet with two mixed-use projects. It’s the latest in an ongoing boomlet in that area.
Talent Agency Scores Callback in Beverly Hills
INCENTIVES: UTA strikes
As Beverly Hills and Los Angeles fight over keeping businesses within their city limits, United Talent Agency Inc. has struck a clever deal.
St. Louis Real Estate Brokerage Opens Office Downtown
Commercial real estate investment and services company Cassidy Turley Inc. is opening its first Los Angeles office, and has hired away four brokers from Transwestern’s downtown office to do so.
Developer Tosses Dump Blueprint
LNR scales back mixed-use at closed landfill.
LNR looks to salvage its mixed-use project on a former dump by scaling back retail and residential elements.
Owner Aims Sky High With Pasadena Property
REAL ESTATE: Square-foot price would be highest paid in city since deal in 2009.
The Pasadena office building at 385 E. Colorado Blvd. has been put on the market only weeks after its largest tenant, Western Asset Management Co., renewed its lease.
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