Capital Group buys Bunker Hill skyscraper

Capital Group buys Bunker Hill skyscraper

Los Angeles fund manager Capital Group has completed its $210-million purchase of the Bunker Hill skyscraper it already occupied as a renter and vows to continue expanding its downtown presence. Capital Group... Read more »
Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

As the office market bottoms out after a long fall, renters are swooping in to buy their own buildings. Occupant businesses are seizing the opportunity to become owners, especially in downtown Los... Read more »
Downtown L.A. wants San Francisco’s pop-up secret to get shoppers back

Downtown L.A. wants San Francisco’s pop-up secret to get shoppers back

As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco’s secret for firing up foot traffic. The tech mecca has slowly begun... Read more »
Buyer for Oceanwide Plaza’s infamous graffitied towers emerges

Buyer for Oceanwide Plaza’s infamous graffitied towers emerges

A buyer has emerged for the notorious graffiti-bedecked towers in downtown Los Angeles: a Riverside County developer who intends to finish the stalled $1.2-billion project. The proposed buyer of the residential, hotel... Read more »