REAL ESTATE

Recent and archived news stories on: Commercial real estate, residential real estate, housing, architecture, engineering, real estate brokers, construction, property development, property management

Melrose Retail Asset Sells for $48 Million

A retail portfolio at 8436 to 8452 Melrose Place sold for $47.8 million.

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Va. Firm Invests in Playa Vista

Harbor Group pours $24M into multifamily building

Harbor Group International invests in Silicon Beach Live Apartments.

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Stockdale Capital Plans New Medical Building

Beverly Grove outpatient facility will include retail

Stockdale Capital Partners plans to build a 145,000-square-foot medical office building in Beverly Grove.

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Swig Co. Renovates Office Spaces

Updates to TrueCar tower attract new tech tenants

Swig Co. is banking on renovating older office properties in some of L.A.’s hottest markets.

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El Segundo Project Gets $55 Million Loan

A 206,000-square-foot office and retail property in El Segundo has received a $55 million non-recourse debt to refinance the property.

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Macy’s Redevelopment Gets $120 Million Financing

GPI Cos. closed on $120 million in construction financing for West End

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Office Conversion Planned for Former Westside Pavilion Macy’s

GPI Cos. announced plans for a $180 million redevelopment to turn the former Westside Pavilion Macy’s into office space.

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Pasadena Office Portfolio Sells for $193 Million

Swift Real Estate Partners purchased the Pasadena Collection from an investment manager for $193 million

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Kilroy Looks to Hollywood, Tech

REAL ESTATE: Developer optimistic on several fronts

Kilroy Realty Corp. CEO John Kilroy sees much to be optimistic about in L.A.’s real estate market.

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CBRE Vet Takes New Role at NKF

Bloodgood will represent high net worth landlords

Broker Bill Bloodgood named executive managing director at Newmark Knight Frank.

Vertical Farm Signs Lease in Compton

Startup Plenty Unlimited will spend big on buildout

Vertical farming company Plenty Unlimited signs a lease for a Compton warehouse.

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3 Retail Properties Fetch Combined $27M

Sales in Long Beach, Beverly Hills and Westwood

Retail market stays hot as buildings in Westwood, Beverly Hills and Long Beach sell for nearly $27 million combined.

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Leasehold Interest in Hotel Near LAX Sells for $50 Million

Sunstone Hotel Investors, Inc. has sold a leasehold interest in the Courtyard by Marriott Los Angeles near LAX for $50 million.

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Koreatown Multifamily Property Sells for $29 Million

Kodo, a 60-unit property in Koreatown, sold for $29.25 million.

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Booming Builder

Soteropulos keeps Webcor on track for some of LA’s biggest projects

Webcor’s Gust Soteropulos discusses the company’s plans for L.A.

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