Globest Sectors

Los Angeles is known for sprawling estates, but a new project is bringing vertical mansion-style living to the market.

The historic 85,580-square-foot office building constructed in 1901 at the corner of California and Montgomery streets in the North Financial District was recently purchased for $78.5 million.

The 23-unit, condo-mapped complex in Pasadena sold for $380,000 per unit.

A BMW dealership in Beverly Hills sells for $70 million, the highest price ever paid for a car dealership in the L.A. market, GlobeSt.com reports EXCLUSIVELY.

The Commerce industrial property has an 85,000 square foot industrial facility on the property.

As transit-oriented living becomes increasingly mainstream, housing near light rail gets more attention from investors such as Waterbury Park Apartments, purchased for $56 million by RISE and Aegon Real Assets.

The gaming control board released statistics for the first time for online casino game gross revenue at the three casinos that initiated Internet gaming during the week of July 15. Total revenues at the three casinos—SugarHouse Casino, Parx Casino and Hollywood Casino at Penn National Race Course—came to $812,306 for Internet Slot and Internet Table Games.

DFW Airfield Logistics Center will feature a 145,878-square-foot rear-load building and a 210,640-square-foot front-load building, 28- to 32-foot clear heights, 84 total doors, 110 trailer spaces and 407 auto spaces.