Joel Schreiber Sells Union Bank Building in LA for M

Joel Schreiber Sells Union Bank Building in LA for $80M

Joel Schreiber’s Waterbridge Capital has sold the 40-story Union Bank Plaza building in Downtown Los Angeles for a discounted $80 million — as a Miami Beach firm hounds him for legal judgments... Read more »
L’Agence Signs Lease for New HQ in LA’s Harbor Building

L’Agence Signs Lease for New HQ in LA’s Harbor Building

Count fashion label L’Agence as the latest creative to join the Harbor Building’s tenant roster. The Los Angeles-based women’s apparel company inked a 21,000-square-foot, 78-month office lease at 4201 Wilshire Boulevard. The... Read more »
Beverly Hills is dragging its heels on a building, angering Newsom.

Beverly Hills is dragging its heels on a building, angering Newsom.

California officials are turning the screws on the city of Beverly Hills, where approval of a new hotel and apartment complex is moving too slowly for state housing bosses and the governor.... Read more »
Legendary Development Wins Approval for LA Office Building

Legendary Development Wins Approval for LA Office Building

Legendary Development has beat back an appeal to win approval for an 18-story office building in Downtown L.A.’s Arts District. The Los Angeles City Council has denied the appeal in approving the... Read more »
California is building fewer homes. The state could get even more expensive

California is building fewer homes. The state could get even more expensive

Ken Kahan makes a living building homes. A specialty? Luxury apartment complexes in Los Angeles neighborhoods such as Palms and Silver Lake filled with mostly market rate units, but with a handful... Read more »
Echo Global Logistics Moves Into Former Groupon Building

Echo Global Logistics Moves Into Former Groupon Building

Echo Global Logistics, Inc., a provider of technology-enabled transportation and supply chain management services, has completed its extensive buildout of the company’s new headquarters at the former Groupon building at 600 W.... Read more »
Planned Parenthood LA Buys Industrial Building for M

Planned Parenthood LA Buys Industrial Building for $38M

Planned Parenthood Los Angeles has bought a 73,600-square-foot industrial and office building in Historic South Central for $37.9 million. The healthcare nonprofit purchased the 2.4-acre property at 320 and 336 West 31st... Read more »
Uncommon eyes affordable apartment building in Northridge

Uncommon eyes affordable apartment building in Northridge

Uncommon Developers has added an affordable apartment complex in Northridge to its growing list of multifamily projects across Los Angeles. The Chatsworth-based builder has filed plans to construct a 255-unit apartment building... Read more »
Biotech Billionaire Buys El Segundo Office Building for M

Biotech Billionaire Buys El Segundo Office Building for $25M

NantWorks, the biotech holding company run by Los Angeles-based billionaire Patrick Soon-Shiong, has bought another El Segundo office building, boosting its portfolio of office, land and data centers in the South Bay... Read more »
Opinion: Don’t gut L.A.’s best shot at building affordable housing

Opinion: Don’t gut L.A.’s best shot at building affordable housing

Last October, the Los Angeles City Planning Department ditched some of the region’s most ambitious actions to tackle racial and economic segregation and confront the ongoing affordability crisis. Two housing initiatives —... Read more »