601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling... Read more »
Resnick Secures 117K SF of Office, Retail Leases at 250 Hudson St.

Resnick Secures 117K SF of Office, Retail Leases at 250 Hudson St.

Jack Resnick & Sons secured 119,000 square feet of new office and retail leases at 250 Hudson St., bringing occupancy at the Hudson Square office tower to 99%. Four of the six new transactions... Read more »
Texas Family Office Snaps Up Grocery-Anchored El Cajon Retail

Texas Family Office Snaps Up Grocery-Anchored El Cajon Retail

JLL Capital Markets has completed the $31.5-million sale of The Shops at Parkway Plaza, a grocery-anchored retail center totaling 122,484 square feet in El Cajon. JLL represented the private seller in the sale of the... Read more »
Stream Realty Expands SoCal Presence with New DTLA Office

Stream Realty Expands SoCal Presence with New DTLA Office

Stream Realty Partners has opened an office in downtown Los Angeles, marking a significant expansion of the firm’s presence across Southern California. The expansion is further strengthened by the addition of a... Read more »
Santa Clara Office and R&D Campus Trades for More Than 0M

Santa Clara Office and R&D Campus Trades for More Than $300M

Ellis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655... Read more »
Oscar De La Hoya’s Downtown Office Loan Sells

Oscar De La Hoya’s Downtown Office Loan Sells

The non-performing note on ex-boxer Oscar De La Hoya’s Downtown Los Angeles office tower sold. The buyer is Farzad Essapour, according to an assignment of deed of trust dated early May.  The... Read more »
Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo

Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo

REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan. Purchased at an 8.5% cap rate,... Read more »
Broker Sues To Challenge Pennsylvania’s Office Requirements

Broker Sues To Challenge Pennsylvania’s Office Requirements

A Pennsylvania broker is suing to end the state’s century-old requirement that real estate professionals must have a dedicated office separate from their home. Kevin Gaughen says he spent $35,000 a year... Read more »
Office Conversion, New Apartments Coming to Westwood

Office Conversion, New Apartments Coming to Westwood

Douglas Emmett’s housing plans for the corner of Wilshire and Westwood Boulevards are coming into focus.  On Wednesday, the Santa Monica-based real estate investment trust filed an application with the City of... Read more »
P&G Power Company Signs Office Lease in Indiana

P&G Power Company Signs Office Lease in Indiana

P&G Power Company has signed a lease to occupy approximately 4,200 square feet of office space at 108 N. Main Street in Crown Point, Indiana. The move marks a strategic investment in... Read more »