Santa Monica-based Macerich has joined the parade of REITs selling off real estate, with the retail specialist dumping more than a billion dollars worth of property in the last year and a... Read more »
Parking lots can be the most vanilla of commercial real estate assets, but they can be spicy when they’re at the center of a complaint about an alleged conspiracy. Criscione Meyer Entitlement,... Read more »
Laura Clark has led earnings calls before but Thursday’s was her first as incoming chief executive of Rexford Industrial. The call began with a pre-recorded personal note from co-founders and co-CEOs Michael... Read more »
Some of the usual suspects of the Southern California commercial real estate crowd chatted over breakfast burritos and coffee at a Hilton hotel in Little Tokyo on Wednesday, perhaps in hopes of... Read more »
The Real Deal wrote about two deals this week that tell different but somewhat similar stories about Los Angeles’ office world: one downtown and another in Silicon Beach. The latter, a creative... Read more »
City Market of Los Angeles in the Fashion District downtown is suing a tenant that owes rent — to the tune of about $340,000. City Market L.A. is a partially developed mixed-use... Read more »
Kilroy Realty has made another move to reshape its portfolio, shedding another not-so-occupied property as the company faces a wave of lease expirations. The deal for the Sunset Media Center looks like... Read more »
EY Plaza might have found a buyer. Morningstar Credit thinks so, the receiver says there’s no contract in place, and the brokerage is keeping its mouth shut. This follows earlier reports by... Read more »
Downtown Los Angeles isn’t what it used to be — and it seems no one knows that better than Brookfield, which now is looking to dispose of four distressed office buildings that... Read more »