Harbor and F&F pay M for office building in Westwood

Harbor and F&F pay $45M for office building in Westwood

Harbor Associates and F&F Capital Group have picked up a 164,700-square-foot distressed office building in Westwood for $44.7 million — nearly 52 percent less than it traded for five years ago. The... Read more »
Jeff Worthe Plays the Long Game in LA Office

Jeff Worthe Plays the Long Game in LA Office

Jeff Worthe still believes in office. But he knows it’s tough to persuade lenders and institutional partners to think the same.  “When they’ve sworn off a product type, it doesn’t matter what... Read more »
BREAKING NEWS: Aon Center Trades in DTLA’s Largest Office Sale of 2023

BREAKING NEWS: Aon Center Trades in DTLA’s Largest Office Sale of 2023

Colliers arranged the $147.8-million acquisition of Aon Center, a 1.1-million-square-foot office tower at 707 Wilshire Blvd. in Downtown Los Angeles, on behalf of Carolwood LP, Daniel Abrams and Adam Tischer. The transaction... Read more »
Office or Apartment Towers in Hollywood?

Office or Apartment Towers in Hollywood?

Onni Group has beat back two appeals and received a preliminary nod for plans to build either office or apartment highrises in Hollywood. The Vancouver-based developer was approved by the Los Angeles... Read more »
Jamison’s Loan on Encino Office Goes to Special Servicing

Jamison’s Loan on Encino Office Goes to Special Servicing

Jamison Properties’ loan on an office complex in Encino has been sent to special servicing, after the landlord disclosed it would need more time to figure out a way to refinance it,... Read more »
BREAKING NEWS: Aon Center Trades in DTLA’s Largest Office Sale of 2023

Sheppard Mullin Signs DTLA’s Largest New Office Lease of 2023

CIM Group executed a long-term lease with international law firm Sheppard Mullin to bring its headquarters to City National 2CAL. The deal for 119,217 square feet reportedly is the largest new office... Read more »
BREAKING NEWS: Aon Center Trades in DTLA’s Largest Office Sale of 2023

CBRE Closes Office Sale to City of Garden Grove

CBRE completed the sale of Garden Grove Plaza at 12966 Euclid St. in Garden Grove for $12.12 million on behalf of a private seller. The firm’s investment sales team of Anthony DeLorenzo, Bryan Johnson and Nick Williams, along with Peter... Read more »
LA County Signs Office Lease in Long Beach Worth 7M

LA County Signs Office Lease in Long Beach Worth $167M

The County of Los Angeles has inked a deal for 207,300 square feet of offices in Long Beach with a 15-year lease valued at nearly $167 million. The county’s Department of Social... Read more »
Tireco Spends M to Buy Office Building in Santa Ana

Tireco Spends $29M to Buy Office Building in Santa Ana

An affiliate of Tireco has picked up a 199,800-square-foot office tower in Santa Ana for $28.9 million, or nearly $4 million more than its twin traded for early this year. 3 Hutton... Read more »
TPG, Strategic Office Sell Empty Thousand Oaks Building

TPG, Strategic Office Sell Empty Thousand Oaks Building

TPG Real Estate Finance Trust and Strategic Office Partners have sold half of an office complex in Thousand Oaks for $14.9 million — a 25 percent lower price on a per-square-foot basis... Read more »