A 4.7-acre site in Woodland Hills is under new ownership and slated to become part of a fully affordable housing development in Warner Center. An affiliate of Wellpointe Incorporated purchased 6400 Canoga... Read more »
CBRE facilitated the $12.38-million sale of a 44,953-square-foot office portfolio located at 24 and 26 Centerpointe Dr. in La Palma. A local 1031 private investor acquired the property at $275 per square foot, yielding... Read more »
Builders FirstSource, the largest American supplier of structural building products, quietly acquired the assets of Pennsylvania-based Pleasant Valley Homes, a wholesale manufacturer of modular homes. Lori Conrad, Senior Director of Corporate Communications... Read more »
MCA Realty, Inc. acquired a 224,700-square-foot multi-tenant industrial building with an additional 5.54 acres of land located at 41995 Zevo Dr. in Temecula. The firm acquired the property from a private investor... Read more »
Franklin Templeton and Clarion Partners Real Estate Income Fund Inc. have acquired Pacific Golden Valley, a 172,483-square-foot Class-A industrial building located at 26313 Golden Valley Rd. in Santa Clarita and 100% leased... Read more »
New York City‑based real estate investment platform Vertex has acquired 61–63 Crosby St., a boutique, mixed-use building located in SoHo. Terms were not disclosed. The five-story, 32,400-square-foot landmark building is 100% leased, with long-term... Read more »
Joint venture partners Hankey Investment Company and Barker Pacific Group (BPG) have acquired Sunset Media Center, a 22-story Class A creative office tower on Hollywood’s Media Row, from Kilroy Realty for $61 million. Built... Read more »
AXCS Capital has acquired Propvetter, an artificial intelligence platform that automates commercial real estate transaction analysis and due diligence for lenders, investors and brokers. The acquisition brings Propvetter’s AI-powered technology in-house, enabling... Read more »