Another Bank Commits to Downtown Los Angeles Offices

Another Bank Commits to Downtown Los Angeles Offices

Downtown Los Angeles’ office market has seen better days since the pandemic, but many companies aren’t abandoning the area entirely.  Bank of Hope, a locally based bank that serves the Korean American... Read more »
Gantry Arranges Refi on Palo Alto Offices

Gantry Arranges Refi on Palo Alto Offices

Gantry secured a $13.5-million permanent loan to refinance a timely maturity on a historic office building located at 384 University Ave. in Palo Alto. Principal Jeff Wilcox and senior associate Joe Foley... Read more »
West Capital Lending Buys Irvine Offices for  Million

West Capital Lending Buys Irvine Offices for $24 Million

A mortgage brokerage is planting deeper roots in Orange County with an office buy that doubles as a headquarters move. West Capital Lending purchased a five-story, 104,380-square-foot office building at 17911 Von... Read more »
Lender Acquires Irvine Concourse Offices as Headquarters

Lender Acquires Irvine Concourse Offices as Headquarters

Newmark represented West Capital Lending in its $23.75-million acquisition of 17911 Von Karman Ave., a 104,375-square-foot, five-story Class A office building located in the Irvine Concourse submarket of Irvine. Executive managing directors... Read more »
Luzzatto Unveils Adaptive Reuse Plans for Denver Offices

Luzzatto Unveils Adaptive Reuse Plans for Denver Offices

The Luzzatto Company’s vision for revamping two towers in downtown Denver is coming into focus.  The Los Angeles-based firm submitted plans to the city of Denver for its “vertical village” project at... Read more »
Downtown Burlingame Offices Now Fully Leased

Downtown Burlingame Offices Now Fully Leased

Dostart Development Company, LLC and Sares Regis Group of Northern California have fully leased the 168,000-square-foot office component of 220 Park Rd. in Downtown Burlingame. The 185,000-square-foot mixed-use development, which includes 17,000 square feet... Read more »
Glendale Offices Poised to Become Apartments

Glendale Offices Poised to Become Apartments

Izek Shomof is taking his office-to-residential conversion talents from downtown Los Angeles and Long Beach to Glendale.  The developer has filed plans to convert a 19-story office building at 101 North Brand... Read more »
ESRT Taps Newmark to Lease Up 130 Mercer Offices in SoHo

ESRT Taps Newmark to Lease Up 130 Mercer Offices in SoHo

Newmark has been appointed exclusive leasing agent for 130 Mercer, the Scholastic Building in SoHo, on behalf of the new owner, Empire State Realty Trust (ESRT), which paid $386 million to acquire it... Read more »
Private Investor Snags Costa Mesa Offices for M

Private Investor Snags Costa Mesa Offices for $24M

Newmark arranged the $24.4-million sale of 1901 Newport Blvd., a 134,387-square-foot, three-story office property located in Costa Mesa. Buyer and seller were not identified. Vice chairman Paul Jones, executive managing director Ryan... Read more »
More Long Beach Offices Planned for Housing Transformation

More Long Beach Offices Planned for Housing Transformation

Developer Izek Shomof is taking his office-to-residential conversion work from downtown Los Angeles to downtown Long Beach.  Shomof filed an application with the Long Beach Planning Bureau seeking authorization to convert a... Read more »