LA Office Redevelopment Snags Construction-to-Perm Loan

LA Office Redevelopment Snags Construction-to-Perm Loan

Gantry secured a $28.5-million construction-to-permanent loan for the re-development of an existing office building 100% pre-leased by the GSA as a new facility for the Executive Office of Immigration Review, a subsidiary... Read more »
San Bernardino County Buys Office Building for M

San Bernardino County Buys Office Building for $27M

San Bernardino County has bought a 115,500-square-foot office building for $26.8 million. The county, which had leased two floors on the premises, bought the four-story building at 451 East Vanderbilt Way, the... Read more »
First Citizens Pays M for Santa Monica Office Building

First Citizens Pays $87M for Santa Monica Office Building

Nearly a year after defaulting on more than $100 million in loans tied to an office complex in Santa Monica, Realty Bancorp Equities has managed to sell the property — to an... Read more »
FanDuel Bets on Beverly Hills With M Office Buy

FanDuel Bets on Beverly Hills With $71M Office Buy

Gambling platform FanDuel has bought a 50,200-square-foot office building in Beverly Hills for $71 million. The sports betting website, a New York unit of Ireland-based Flutter Entertainment, purchased the three-story building at... Read more »
LA County Office Leasing Falls 28% in the Fourth Quarter

LA County Office Leasing Falls 28% in the Fourth Quarter

Would-be tenants for offices in Los Angeles County seem to have scurried out of the market. Landlords across the county saw leasing fall 28 percent to 2.2 million square feet in the... Read more »
Herbalife Lists Torrance Office For Sale

Herbalife Lists Torrance Office For Sale

For years, drivers traveling through the intersection of the 405 and 110 freeways in Torrance passed by a four-story office building bearing the logo of multi-level-marketing firm Herbalife International of America.  The... Read more »
In Rough Year for Office, LA Generates a Few Mega-Leases

In Rough Year for Office, LA Generates a Few Mega-Leases

Tenants drastically cut back on leases for huge swaths of office space in Los Angeles this year, although a few bit the bullet and signed huge deals in 2023.  And the largest... Read more »
LA Office Redevelopment Snags Construction-to-Perm Loan

JV Snaps Up Westside Creative Office at Deep Discount

Harbor Associates, LLC, in a joint venture with F&F Capital Group, acquired a five-story, 164,683-square-foot Class A creative office building on Los Angeles’ Westside for $44.713 million. The Los Angeles Business Journal reported... Read more »
UCLA Looks to Buy Hudson Pacific, Google Office Campus

UCLA Looks to Buy Hudson Pacific, Google Office Campus

UCLA is poised to buy the former Westside Pavilion mall, pulling the rug from Google’s plan to turn the 580,000-square-foot building into a West Los Angeles office campus. The Westwood-based university has... Read more »
Discount Deals Dominate LA’s Top Office Sales of 2023

Discount Deals Dominate LA’s Top Office Sales of 2023

During a year when many institutional investors pulled back from the office market, two familiar names were involved in this year’s priciest office sale in Los Angeles.  JPMorgan took the cake this... Read more »