DataBank Holdings and Goodman Group have formed a joint venture to market LAX2, a new data center in Vernon, just south of downtown Los Angeles. Construction is in full swing for the... Read more »
Rising Realty Partners defaulted on a $200 million loan on the West7Center, or what was once called the Garland Center, according to a notice of default and election to sell dated early... Read more »
Colliers and Carolwood LP secured a lease for approximately 50,000 square feet of office space at the Aon Center, 707 Wilshire Blvd. in Downtown Los Angeles. The tenant, Los Angeles-founded Bank of... Read more »
Cedars-Sinai Medical Center has acquired the Beverly Connection shopping center half a mile away from its main campus. The seller was Ashkenazy Acquisition Corp., and the hospital paid $270 million for the... Read more »
JLL Capital Markets represented a private seller in the $25.78-million sale of Shops at Plaza West Covina, a 46,406-square-foot shopping center located in West Covina. The buyer was Phillips Edison & Company. Plaza West Covina is located... Read more »
Marx Realty has begun construction on a two-building, 58,000-square-foot retail expansion at Cross County Center in Yonkers, NY. The 1.15-million-square-foot retail center, originally housing 30 stores when it opened in 1954, is... Read more »
NewMark Merrill Companies is moving forward with a Target-anchored shopping center development in Victorville. NewMark Merrill, in partnership with World Premier Investments and R.Y. Properties, received entitlements to develop Desert Sky Plaza... Read more »
NewMark Merrill Companies, Inc., in partnership with World Premier Investments and R.Y. Properties, Inc. has received entitlements to develop Desert Sky Plaza II, a 30-acre, 297,363-square-foot shopping center in Victorville. Groundbreaking is slated for... Read more »
Goldman Sachs is shopping the Radford Studio Center after taking it over from Hackman Capital Partners, which defaulted on a billion-dollar mortgage, last month. The lender tapped Eastdil Secured to market the... Read more »
Hanley Investment Group Real Estate Advisor has been retained by Burnham USA Equities, a Newport Beach–based developer, to market for sale LOCAL, a newly renovated and rebranded lifestyle retail center located at 28321–28361... Read more »