Los Angeles

LOS ANGELES—Despite the frequently touted lack of available land, Duke Realty manages to buy a 22.6-acre infill site to develop a 475,000-square-foot distribution center, which will no doubt be leased before its built, GlobeSt.com reports EXCLUSIVELY.

LOS ANGELES—The developer wants its eponymous mixed-use development in South Park to be the “most significant” and luxury project in the market, with a five-star Park Hyatt hotel, curated retailers and restaurants and high-end residential.

LOS ANGELES—An expert group of panelists at last week's RealShare Apartments conference say that there are some core markets, especially in the gateway cities that are being overbuilt.

LOS ANGELES—W. P. Carey's Gino Sabatini gives GlobeSt.com his market take before speaking at the Net Lease West conference next week.

LOS ANGELES—During a special keynote luncheon presentation at RealShare Apartments, Hessam Nadji, president and CEO of Marcus & Millichap, discusses the many “amazing statistical facts” that are supporting the industry.

LOS ANGELES—Prop 51, a $9 billion public school facility bonds initiative, will bring more educational facilities to the market and modernize outdated ones.

LOS ANGELES—Multifamily experts at the recent RealShare Apartments say that development is in a good spot, that there is a huge opportunity for private buyers and ask whether banks and insurance companies will continue to build their balance sheets as they have been.

LOS ANGELES—The developer completes construction on the Wren Residences, a 362-unit luxury apartment complex on the land site that once broke records in Downtown Los Angeles.