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LONG BEACH, CA-About 47,400 sf of the 129,000-sf Wrigley Marketplace shopping center was acquired by Larkey Trust for $7.5 million. The deal includes everything except the anchor stores of Albertson's and Sav-on.
SANTA MONICA, CA-The underwriters of the company's recent follow-on public offering have exercised in full their over-allotment option to purchase an additional 630,000 shares of the company's common stock.
NORCO, CA-A 19,860-sf industrial building located at the Norco Business Center here was purchased by David Hsu for $1.1 million. The seller was Norco Network.
LOS ANGELES-The publishing house giant Hachette Filipacchi Media has expanded its Los Angeles office across from the Wilshire Courtyard office complex. The company has signed a five-year, $1.6-million agreement for 12,500 sf.
HOLLYWOOD, CA-Under construction for more than three years, the 1.3-msf entertainment and retail space will serve as the new permanent home of the annual Academy Awards ceremony, set for March.
LOS ANGELES-The publishing house giant Hachette Filipacchi Media has expanded its Los Angeles office across from the Wilshire Courtyard office complex. The company has signed a five-year, $1.6-million agreement for 12,500 sf.
HOLLYWOOD, CA-Under construction for more than three years, the 1.3-msf entertainment and retail space will serve as the new permanent home of the annual Academy Awards ceremony, set for March.
LOS ANGELES-The law firm of Murchison & Cumming will remain at 801 S. Grand Ave. in downtown Los Angeles for the next 10 years after it renegotiated its existing lease with Shuwa Investments Corp.
MONTEBELLO, CA-Summit Builders of Phoenix, Ariz., recently broke ground adjacent the Montebello Country Club on Via San Clemente in Montebello, California. It will be owned by the City of Montebello and operated by Hotel Adventures of Tustin, Calif.
BEVERLY HILLS, CA-The initial offering price for the 28,320-share offering was $3,300 apiece. Shares closed their first day of trading at $4,300. Nikko Salomon Smith Barney was the lead manager of the syndicate.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource