Ice Cream Lab hopes to change treat lovers’ tastes by degrees with liquid nitrogen-blasted confections.
Reacting to Philip Anschutz’s decision to not sell AEG, L.A. Mayor Antonio Villaraigosa late Thursday said he wouldn’t wait on the sports and entertainment giant as a partner in modernizing the city’s Convention Center.
Beverly Hills real estate investment and services firm Kennedy-Wilson Holdings, Inc. said Tuesday it planned sell 9 million shares of common stock.
Struggling downtown real estate investment trust MPG Office Trust Inc. announced it had agreed to sell U.S. Bank Tower, the tallest building west of the Mississippi River, and a related parking garage, for $368 million.
LEASE: Pair of deals takes occupancy rate to nearly 80 percent at building.
Two new leases have brought a struggling Miracle Mile office building to near 80 percent occupancy.
REAL ESTATE: KPMG to ditch its tower for new digs.
Accounting firm KPMG does a number on namesake downtown tower by moving closer to L.A. Live.
Archer works to give students skill sets for future careers.
Archer School for Girls has made preparing students for the business world its job.
SALE: LFP headquarters building scores $82 million from Douglas Emmett.
Hustler Magazine publisher Larry Flynt has agreed to sell his Beverly Hills headquarters building for $82 million, sources told the Business Journal.
REAL ESTATE: Jamison sells buildings as rents fall.
Jamison Services jettisons 10 percent of its portfolio as well as the title of L.A.’s biggest office landlord.
Teen actress looks to help others stock up on trading know-how.
Teen TV actress Rachel Fox wants to channel her fame into support for stock trading.
REAL ESTATE: Meruelo bets on Trump Plaza revival.
Meruelo Group rolls dice on purchasing and reviving Trump Plaza casino in Atlantic City, N.J.
LEASE: Rubicon Project leaves West L.A. office in search of lower rent.
Rubicon Project is moving to Playa Vista from its West L.A. digs, the latest tech firm to head south to escape rising rents and limited space options.
Honeymoon website hopes to ride rise in same-sex nuptials.
ChicGayHoneymoons.com aims to remove obstacles to same-sex spouses’ romantic getaways.
CIM Group Inc. has sold the nearly 60,000-square-foot downtown retail property that houses Ralphs Fresh Fare market to MDC Realty Advisors USA Inc. for nearly $19 million.
SALE: Restaurant-retail property in Beverly Hills sells for $11.8 million.
An 11,000-square-foot commercial property on Little Santa Monica Boulevard in Beverly Hills’ Golden Triangle has been sold for nearly $11.8 million, one of the highest per-square-foot prices in the city in the past year.
Real Estate: Developers look to plug into Silicon Beach scene.
Marina del Rey developers look to ride the Silicon Beach-fueled wave of interest in the Westside.
Real Estate: Tech titan doubles up on office leases.
Industry giant Microsoft plugs into L.A.’s Westside tech scene with two office deals.
LEASE: Cassidy Turley takes larger space in deal valued at $2.1 million.
St. Louis brokerage Cassidy Turley Inc., which opened its first L.A. office only nine months ago, has signed a lease to move its regional offices into bigger space in downtown’s City National Plaza at 555 S. Flower St.
Microsoft Corp. is close to signing two leases that would significantly expand its presence in L.A.’s Westside tech hotbed.
ACQUISITION: Brookfield shells out $92 million for Corporate Pointe.
A sprawling office campus in West Hills has been sold for $92 million, the largest office sale in the market in more than a decade.
REAL ESTATE: Disney exit to trap market in office glut.
Burbank is far from the happiest place on Earth as Disney plans massive exodus from office tower.
L.A. AppShow helps creators connect to potential customers.
The L.A. AppShow works to put developers of mobile and tablet products in touch with potential customers.
SPECIAL REPORT: Updated zoning plan helps draw developers downtown in L.A. County’s second- biggest city.
Changes to Long Beach’s zoning codes helped turn the city’s downtown into a center of attraction for developers.
Real Estate: Art deco building, taken back by bank, sold for $30 million.
South Korean investors move into downtown L.A. with pricey deal for loft property.
Special Report: Real Estate Quarterly
Reports - The Wilshire Corridor experienced a relatively flat fourth quarter in 2012, prompting landlords to raise rental rates by a penny a foot.
DEVELOPMENT: Decron borrowed $67 million for Playa Del Oro’s final phase.
Miracle Mile real estate development and investment firm Decron Properties Corp. broke ground this month on a $67 million mixed-use apartment project in Westchester.
Real Estate: James Hotels sells WeHo site in $28 million transaction.
European hotel developer checks into West Hollywood property on Sunset Strip.
ACQUISITION: Facility had been used by Usher and Janet Jackson.
A Santa Monica recording studio where music giants Usher and Janet Jackson once laid down tracks has been sold.
DEVELOPMENT: Builder plans more apartments in area near Silicon Beach.
Canadian company makes itself at home in Culver City with third residential-retail project.
ACQUISITION: Three deals ring up $78.5 million bill for Kennedy-Wilson.
A joint venture led by Beverly Hills real estate firm Kennedy-Wilson Holdings Inc. has acquired three L.A. office buildings for $78.5 million from Koreatown’s Jamison Services Inc., once the largest private commercial office landlord in the city.
West L.A.’s CBRE Group Inc. has acquired business branches from Atlanta-based commercial real estate services firm Resource Real Estate Partners LLC and TPA Realty Services LLC for an undisclosed price.
New York developer Related Cos. said that it will break ground on the first building of its long-delayed Grand Avenue project in downtown Los Angeles on Jan. 10.
DEVELOPMENT: Da Vinci backers see growing market for residential space.
Filling downtown L.A.’s demand for more apartment space, a Bunker Hill complex is about to break ground.
REAL ESTATE: Rodeo Drive deal a square-footage record.
Billionaire retailer busts square-footage record with $85 million deal for Beverly Hills storefront.
Salon hits grocery aisle to find ingredients for hair treatments.
Broot salon’s grocery bill is climbing along with the popularity of its food-based hair treatment.
Bernard Arnault, one of the richest men in the world and the head of a luxury-brand empire, has acquired a Rodeo Drive storefront for $85 million, sources told the Business Journal. The price is believed to be the highest on a square-foot basis ever in Los Angeles County.
LEASE: Expanding Jacobs relocates headquarters to larger space in city.
Engineering and construction giant Jacobs Engineering Group Inc. is moving its headquarters into new Pasadena digs.
Downtown’s landmark U.S. Bank Tower, which is owned by struggling MPG Office Trust Inc., could be heading for loan default.
New York insurance giant MetLife Inc. has become a joint owner of the Loews Hollywood Hotel next to the Hollywood & Highland Center.
Carlos Siderman fled Argentina two steps ahead of military kidnappers. When he came to the U.S., he started a real estate hazard disclosure firm.
Carlos Siderman fled Argentina in the 1970s and launched his hazard disclosure service when he got to the United States
Inventor hopes to spin off-kilter creation into speedy, stable sales.
David Patrick hopes to spin his new Shark Wheels into must-haves for bikes, strollers and even cars.
ACQUISITION: Wal-Mart, Burlington Coat Factory buildings draw $25 million.
In one of the largest retail property sales in the San Fernando Valley this year, the Fallbrook Center mall’s Wal-Mart and Burlington Coat Factory buildings were sold last month.
RENOVATION: Carlyle plans $10 million facelift for Culver City DoubleTree.
The Culver City DoubleTree by Hilton hotel is set to receive a $10 million makeover.
Hollywood eateries stake claim in cleaned-up alleys
Hollywood restaurants back into more room by dressing up alleyways for additional space.
ACQUISITION: Office complex draws $34 million from Neil Kadisha.
Billionaire Neil Kadisha’s investment vehicle is picking up yet another underperforming office complex: a Torrance building for $34 million.
REAL ESTATE: $35 million for Clock Tower in Santa Monica city’s richest sale in three years.
Buyer of historical buildings decides it’s right time to acquire Santa Monica’s Clock Tower.
LEASE: PC giant to move into Venice with plan for product showcase center.
Add one more marquee name to the Silicon Beach roster.
REAL ESTATE: CIM goes beyond banks to pay for skyscraping tower project.
Developer CIM banks on non-profit’s loan to pay for skyscraping condo tower in New York.
El Segundo real estate investment trust Griffin Capital Net Lease REIT Inc. swung to a profit last quarter after adding four income-generating buildings to its portfolio this year.