Lennar Affiliate Buys Irvine Office Campus for 2 Million

Lennar Affiliate Buys Irvine Office Campus for $232 Million

A 24-acre office campus in the Irvine Business Complex is due for a residential conversion after it sold for $232.1 million, fetching more than double its last sale price in one of... Read more »
CBRE Tapped to Lease Studio and Creative Office Campus

CBRE Tapped to Lease Studio and Creative Office Campus

CBRE has been appointed as leasing agent for Los Angeles Center Studios, a full-service studio and creative office campus located at 1201 W. Fifth St. near Downtown Los Angeles. SVP Nicole Mihalka,... Read more »
Thousands of apartments set to take over empty office buildings with new L.A. ordinance

Thousands of apartments set to take over empty office buildings with new L.A. ordinance

Los Angeles officials just made it easier to convert empty commercial buildings to housing, opening the door to the creation of thousands of apartments across a city clamoring for housing. Developer Garrett... Read more »
M Loan Funds Bushburg Plan for Resi Conversion of FiDi Office Tower

$78M Loan Funds Bushburg Plan for Resi Conversion of FiDi Office Tower

Real estate bridge lender Oak Funding, along with OakNorth Bank, has closed a $78-million co-loan to Bushburg, a vertically integrated real estate firm, to support its acquisition of 100 William St., a... Read more »
Event App Doorlist Leases Chelsea Office Space

Event App Doorlist Leases Chelsea Office Space

Doorlist Event Management, Inc., d.b.a. DoorList, an app designed for college students to create and manage social events on campus, has signed a new three-year lease for 3,062 square feet at 322 Eighth Ave. in... Read more »
Donald Bren Tests Chicago Office Market With Potential Sale

Donald Bren Tests Chicago Office Market With Potential Sale

Donald Bren’s firm, Irvine Company, might be preparing to test how much market appetite remains for top-tier office buildings in downtown Chicago. The Newport Beach, California-based firm is moving toward a potential... Read more »
Lowe’s Hospitality at Work Tapped to Manage DTLA Office Complex

Lowe’s Hospitality at Work Tapped to Manage DTLA Office Complex

Hospitality at Work, a property management subsidiary of Lowe, has assumed management of two prominent office buildings in the downtown Los Angeles Financial District, totaling more than 400,000 square feet of prime... Read more »
Brea Office Park Bought With Plans for Future Costco

Brea Office Park Bought With Plans for Future Costco

Developer and Brea native Dwight Manley has closed his purchase of a business park in Brea, clearing the way for the Orange County city’s first Costco location.  Hines offloaded the Beckman Coulter... Read more »
Los Angeles Office Market

Los Angeles Office Market

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 »
601W Buying Distressed Brookfield Office Tower

601W Buying Distressed Brookfield Office Tower

Eastdil Secured has zeroed in on 601W as a buyer for a distressed, Brookfield-owned office tower on Bunker Hill in downtown Los Angeles. The New York City-based investment company is in talks... Read more »