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LOS ANGELES-National Life of Vermont takes space in the Century City section of Los Angeles in a building owned by Dusenberg Investment Co. The transaction value is in excess of $1.5 million.
LOS ANGELES-Tenet Healthcare Corp. has signed a 10-year, $11.29-million lease for 33,500-sf in West Wilshire Center. The property is currently undergoing renovation and will have a new look in the second quarter of 2002.
LOS ANGELES-The property was 70% leased at the time of sale. The purchase was not a strict investment deal, according to the broker, but rather was purchased based on its potential for adaptive reuse.
CARSON, CA-The building is located at 1751 E. Del Amo Blvd. Studio Molding is vacating the premises to expand to a 100,000-sf facility also in Carson. The deal was a reverse 1031 exchange.
FONTANA, CA-The Shoppes at Fontana off Route 66 was built in the mid-1980s. It is 100% leased and anchored by an Albertson's supermarket. The seller was Foot Center Associates. The buyer was Corsair of Beverly Hills.
GARDENA, CA-The Pacific Capital Group of Marina Del Rey, Calif., has sold a 68,378-sf office building to Los Angeles-based Scriba Investment LLC.
CANOGA PARK, CA-The property is located near the Warner Center sub-market, across the street from a Westfield Shopping Town. The buyer was Owensmouth LLC. The seller was Arden Realty Inc.
LOS ANGELES-Royal Airport Center is located at 5933 West Century Blvd. in Los Angeles. The property was 94% leased at the time of sale. The site has a total of 23 tenants. The office building was built in 1982 and has 12 stories.
POMONA, CA-The aerospace contractor signs a six-year lease for 101,847 sf of industrial space here at 2855 Reservoir St. The 17-year-old, free-standing building is owned by Northwestern Mutual Life Insurance Co.
LOS ANGELES-Mounting job losses and the growing stockpile of available space threaten to make this a challenging year for the local office market, according to a report issued by the Marcus & Millichap Real Estate Investment Brokerage.
From Placer.ai
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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 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.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
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
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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