One Beverly Hills secures .3 billion financing

One Beverly Hills secures $4.3 billion financing

The developers of One Beverly Hills have secured $4.3 billion in financing to complete the project, another milestone for one of the largest real estate projects underway in the country. Work on... Read more »
Levin Johnston Team Closes 1031 Sale of San Jose Multifamily

Levin Johnston Team Closes 1031 Sale of San Jose Multifamily

Levin Johnston, the #1 multifamily team nationally within Marcus & Millichap, represented the seller and procured the buyer in the investment sale of Park Plaza, a multifamily property located in San Jose. Executive... Read more »
Late Developer Set Multiple Sale Records

Late Developer Set Multiple Sale Records

Reports of the murder of Demetrius Doukoullos remain shrouded in mystery with little light shed so far on the motive of the alleged killer. The 92-year-old was an esteemed luxury residential developer,... Read more »
Victoria Gardens Mall Almost Sets Sale Price Record

Victoria Gardens Mall Almost Sets Sale Price Record

It didn’t take long for Brookfield Properties and Queensland Investment Corporation to find a buyer for the Victoria Gardens shopping center in Rancho Cucamonga.  After listing the retail property earlier this month,... Read more »
Marcus & Millichap Closes Sale of Court Square Development Site

Marcus & Millichap Closes Sale of Court Square Development Site

Marcus & Millichap closed the $9.75-million sale of 42-81 Hunter St., a development site in the Court Square neighborhood of Long Island City, Queens. David Cornejo, Shaun Riney and Sean Fopeano of Marcus & Millichap’s New York City office, represented the seller, Werwaiss Properties, and procured the... Read more »
Development Site Across from UCLA Fetches M in Off-Market Sale

Development Site Across from UCLA Fetches $38M in Off-Market Sale

Newmark completed the $38.2-million sale of 10918-10926 Le Conte Avenue, a 1.16-acre land site with a 9,647-square-foot office building in Westwood. Newmark executive managing director Ryan Plummer and WESTMAC EVPs Willa McNamarra... Read more »
GSA, CBRE Put Laguna Niguel’s Ziggurat Building on the Sale Block

GSA, CBRE Put Laguna Niguel’s Ziggurat Building on the Sale Block

The U.S. General Services Administration (GSA) on Friday announced it would sell the former Chet Holifield Federal Building, commonly known as the Ziggurat, in Laguna Niguel. GSA is partnering with CBRE to... Read more »
IPA Closes M Sale of Central Coast Apartments

IPA Closes $75M Sale of Central Coast Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria on California’s Central Coast. It traded for $75 million, or $275,735 per... Read more »
An Ikea is coming to Culver City’s Helms Bakery complex

An Ikea is coming to Culver City’s Helms Bakery complex

L.A.’s Westside is finally getting its first Ikea outpost. The furniture company known for its Swedish meatballs and blocky “Kallax” shelving units has found a home inside the old Helms Bakery complex... Read more »
SVN Chicago Commercial Brokers Multi-Parcel Assemblage Sale

SVN Chicago Commercial Brokers Multi-Parcel Assemblage Sale

SVN Chicago Commercial has completed the sale of a strategic multi-parcel assemblage anchored at 911 Green Bay Road in Winnetka, Illinois, creating a rare mixed-use redevelopment opportunity in Winnetka’s Hubbard Woods business... Read more »