GEICO plans to hire 700 new associates over the next several years after its expected to occupy the new 200,000-square-foot building in late 2019.

Carol Schatz, who has been a pillar of the renaissance in Downtown Los Angeles, has announced her retirement from the DCBID, which she launched in 1998.

It is extremely critical to be sensitive to exit cap rates and projected price per unit values, and understand the local market and its variables, Michael Flaherty of L5 says in this <b>EXCLUSIVE</b>.

The Silverman Group is buying a 41,000-square-foot, mixed-use warehouse building from the tenant for $3.6 million and has selected JLL as the exclusive leasing agent for the property.