real estate: Evoq works to shed Meruelo Maddux legacy.
The former Meruelo Maddux continues to shed properties as it moves into a new era downtown as Evoq.
DEVELOPMENT: Plan for shopping center takes root.
Shopping center developer hopes to clean up with project for brownfield site in South L.A.
ACQUISITION: New owner pays $14.4 million for one of area’s tallest properties.
A Westside investor group bought one of the tallest buildings in the low-rise Fairfax district this month.
ACQUISITION: $50 million deal for building one of area’s biggest this year.
In one of the largest downtown L.A. sales of the year, the State Bar of California has bought the building at 845 S. Figueroa St. for $50 million.
VENUE: Miami condo developer reaches deal for famed Hollywood site.
The owner of the Hollywood Palladium has reached a deal to sell the iconic music venue for $55 million, sources told the Business Journal.
Silicon Beach tech wave rolling south
Playa Vista looks like it’s about to take off as the next big thing for L.A.’s tech community now that the Runway retail development is about to break ground.
Real Estate Quarterly: Some residential real estate developers are moving out of apartment projects and into condo buildings featuring smaller, less expensive units.
Condo builders, frozen during the recession, are starting to thaw out all across Los Angeles.
Real Estate Quarterly: Apartments
Condo construction finally appears to be on upswing and the housing market is showing signs of life, but apartments remain popular and some developers are still sticking with them for now.
Real Estate Quarterly: Wilshire Corridor
Last quarter, Miracle Mile scored the highest office property bid in Los Angeles County in the past eight years. But even that impressive endorsement couldn’t keep the greater Wilshire Corridor afloat.
Real Estate: Developer to begin massive rehab of Lincoln Place apartments.
REAL ESTATE: Preservationists saved Lincoln Place from the wrecking ball; now the huge complex is getting a $150 million renovation.
Four-story Beverly Hills office building is sold for $80 million.
An office building in Beverly Hills’ Golden Triangle traded hands for $80 million this month, the highest price for any one Westside office building since 2010.
ACQUISITION: Tishman’s $423 million offer is L.A.’s biggest in eight years.
In what would be Los Angeles County’s largest office sale in eight years, the Wilshire Courtyard complex, home to E! Entertainment, Oprah Winfrey Network and the Business Journal, is close to trading hands.
PricewaterhouseCoopers LLP is moving its L.A. offices into new downtown digs.
LEASE: Private meeting place for business people
The City Club on Bunker Hill is moving west to the financial core of downtown Los Angeles.
Demolition of the Wilshire Grand hotel in downtown is expected to begin in the next few weeks.
RELOCATION: CBRE’s name to crown company’s new Hope Street office.
Downtown L.A.’s skyline will soon have a new name up in lights.
LEASE: Line 6 extends and expands with pair of deals valued at $9 million.
Guitar equipment manufacturer Line 6 Inc. has renewed and expanded its headquarters lease in Calabasas.
DEVELOPMENT: Council narrows field for pier project.
Redondo Beach is getting closer to picking a plan that would redo its expansive shorefront.
OFFICE: Guidance Software signs year’s largest Pasadena lease.
In Pasadena’s largest lease deal this year, digital forensics and cybersecurity firm Guidance Software Inc. is consolidating its operations into a larger headquarters space.
HOSPITALITY: Scaled-back changes to Century Plaza look like an easier sell.
The long-awaited redevelopment of the iconic Hyatt Regency Century Plaza hotel property looks like it may finally move forward.
DOWNTOWN: Offers for Fresh Fare site will be accepted through Sept. 24.
CIM Group Inc. is selling its nearly 60,000-square-foot retail space anchored by downtown’s Ralphs Fresh Fare market.
If Wayne Ratkovich isn’t the godfather of rehabbing L.A.’s old iconic buildings, he’s at least its uncle.
Real estate developer Bob Champion credits ice cream with launching his business career and landing his wife.
Real estate developer Bob Champion isn’t afraid to admit his Bob’s Big Boy statue scared off the receptionist.
Jim Jacobsen has spent most of his career catering to companies with a creative bent, but in the last decade that’s meant more and more Westside companies in tech.
New York transplant Larry Field had no idea how prescient he was when he began buying industrial properties in the 1960s on the beachfronts of Santa Monica and Venice: “It all looked pretty inexpensive by New York standards.”
Jeff Palmer began building properties for creative and tech tenants during the first dot-com boom in the mid-’90s.
Randy Starr has been called the King of Santa Monica’s Third Street Promenade. But it’s not why you think.
Video game company Riot Games Inc. is growing so fast that within months of leasing more than 47,000 square feet of space last year for a new headquarters, co-founders Brandon Beck and Marc Merrill needed to double the size before moving in.
Michael White is among the go-to designers for local tech, media and entertainment firms.
An ocean wave crafted out of wood separates work stations from communal space in Google Inc.’s Venice office.
If Jeff Pion could live his life over again, he would be a Google Inc. executive.
Elite studio behind exotic Acura NSX moving near L.A. Live.
Honda R&D Americas Inc. is moving one of its design studios to downtown Los Angeles, only steps from L.A. Live and the Los Angeles Convention Center.
DEVELOPMENT: Another project eyed near L.A. Live.
Buyer of carwash near LA Live hopes to clean up by building mixed-use hotel on the site.
Limited experience isn’t necessarily a resume highlight, but for Matthew Miller, it made all the difference.
Honda R&D Americas Inc., the elite studio behind exotic Acura NSX, moving downtown near L.A. Live, sources told the Business Journal.
SALE: Samuel Rand unloads eight buildings in separate deals for $25.5 million.
An eight-property multifamily portfolio in the San Fernando Valley has sold to four different buyers for a total $25.5 million.
CMC Asset buys L.A. city historic monument property for $9.25 million.
The historic Brown Derby building in Los Feliz traded hands for $9.25 million last week.
L.A. city’s levy holiday draws HKS to Westwood office.
Beverly Hills has lost another tenant to the city of L.A.’s three-year tax holiday.
Possible portfolio sale of MPG properties boosts shares.
Prospect of selling off downtown L.A. portfolio next year pumps up MPG stock.
State holds up deals by successor agencies.
New state law puts a hold on successor agencies’ sales of former CRA properties.
Move over, Silicon Beach: El Segundo wants in on the tech boom action.
Financially strapped MPG Office Trust Inc. may look to sell its entire 8.2 million-square-foot office portfolio as soon as next year.
ACQUISITION: Partners pick up office property for estimated $40 million.
An 85,000-square-foot West Hollywood office building traded hands last week for an estimated $40 million.
EDUCATION: Kite’s online marketplace to provide questions to teachers.
EDUCATION: Kite co-founders hope their website moves to the head of the class in the testing services industry
Hancock Park’s iconic El Royale Apartments, once home to Hollywood elites such as Clark Gable, is for sale for the first time in 50 years.
NBCUniversal is abandoning controversial plans to build thousands of residences on its Universal City backlot.
The Wilshire Corridor mustered a slight improvement last quarter with some unusual help from the Park Mile.
The battle over Newhall Ranch and its planned 21,000 homes is almost over. The developer looks to have won.
The bucolic Santa Clara River valley features scenic rolling grasslands, oak trees and other habitat typical of Southern California chaparral.
A building fully occupied by film equipment maker Panavision Inc. has traded hands for $8.12 million in Hollywood’s largest office sale this year, sources told the Business Journal.
Jakks stock buyback reduces number of shares, cuts price.
Toymaker Jakks’ moves to stave off a takeover may have drawn acquisition cross hairs.