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Commercial Real Estate News
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07/19/2018
Dedeaux Properties Sells New Echelon Business Park
Commerce, CA-based Dedeaux Properties has sold Echelon Business Park, a newly-built industrial campus in the City of Industry, for $50 million. The seven-building property, located at 801-821 Echelon Ct., features properties ranging in size from 27...

07/18/2018
The Saga of One Beverly Hills
When Dalian Wanda Group Co. Ltd. bought an eight-acre property on a prime stretch of Beverly Hills’ Wilshire Boulevard, the Chinese commercial real estate and cinema conglomerate envisioned building a $1.2 billion, 5-Star hotel and condominium development...

07/18/2018
NAI Capital Welcomes Silver Commercial Investment Team
Commercial real estate industry veterans Kathleen Silver and Kay Sasatomi of Silver Commercial Investment Team are joining NAI Capital's Los Angeles, CA office. In their new role, the two plan to leverage their expertise in the acquisition, disposition...

07/18/2018
Larry Ellison and USC's Cancer Research Institute Could Grow LA Life Science Cluster
When billionaire Larry Ellison’s eponymous medical institute at the University of Southern California opens a dedicated outpost in West Los Angeles next year, it could spark the beginning of a proper clustering of life science companies in the Santa Monica...

07/18/2018
Pupil Joins Stream Realty to Lead Southern California Expansion for Dallas-Based Brokerage Firm
Martin Pupil has joined Dallas-based Stream Realty Partners after 14 years at Colliers International. Martin Pupil, the former president of Colliers International's U.S. real estate brokerage operation, is headed to Dallas-based commercial leasing...

07/17/2018
Judge Sides with Developer, Giving Thumbs Up to Palladium Residences
Los Angeles Superior Court Judge Amy Hogue has ruled in favor of Miami-based Crescent Heights’ Palladium Residences project in Hollywood, CA, rejecting a bid by the AIDS Healthcare Foundation’s to block its construction. The decision now gives the...

07/17/2018
Retailers Introduce Sneaker Bars, Giant Vending Machines, Curbside Service to Capture Shoppers
Nike’s new store in the upscale Melrose neighborhood of Los Angeles may provide a glimpse into the future of brick-and-mortar retail. The sports apparel company unveiled Nike Live in Los Angeles. The opening of the 4,600-square-foot store this month...

07/17/2018
Media Park Santa Monica's New Owner Bets on Strength of Santa Monica
A unit of Vista Investment Group LLC has acquired the leasehold interest in a 101,400-square-foot creative office campus in Santa Monica, CA in an unusual short-term deal that underscores just how desirable the Westside submarket remains. The Santa...

07/13/2018
Adler Realty Plans Major Project in the San Fernando Valley
More details about Adler Realty Investment’s plans for the Warner Center Business Park are emerging. The master plan is in the process of being finalized for the approximately $1 billion project, which would transform the Warner Center Corporate Park...

07/12/2018
Spotify Closes Deal To Move Office to Arts District
Spotify has finalized its lease to occupy the majority of the new office-retail development known as At Mateo in downtown L.A.’s Arts District, setting it up to be the second major music-related firm to relocate to the area this year. The music streaming...

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