The iconic Binoculars Building, a Frank Gehry-designed creative office property that’s home to technology giant Google and minutes away from the Venice Beach Boardwalk, has sold for $39.6 million, according to property... Read more »
Newmark arranged the sale of The Chamber of Commerce Building, a circa-1904 office property located at 117 E. Colorado Blvd. in Pasadena, to a partnership led by Pasadena-based investor Pete Kutzer and... Read more »
An entity connected to MetLife sold an apartment tower in Downtown Los Angeles for $68.8 million, according to property records dated late December. The buyer is a company owned by APW Avenue... Read more »
Alex Kablanian Artificial intelligence and commercial real estate are being used in more sentences and write-ups lately. However, one real estate area in which AI hasn’t been publicized quite so much is... Read more »
A Morgan Stanley fund has offloaded Bridge Point Powerline Road, a 467,000 square foot industrial park in Pompano Beach. CenterPoint Properties acquired the three-building complex for $124.5 million. The project was developed... Read more »
CBRE arranged the sale of a 1.35-acre site at 5545 Grosvenor Blvd. in Playa Vista. BLT Enterprises acquired the property. CBRE’s Michael Longo, Melissa Moock and Mark Shaffer represented the private seller. The property is zoned M2-1 light industrial, designating areas for... Read more »
An office building designed by modernist architect Craig Ellwood and located in El Segundo traded hands at discount, according to Los Angeles County property records dated late December. AVG Partners, a private... Read more »
Stream Realty Partners finalized the $12.6-million sale of a 45,318-square-foot industrial facility at 1240 Quarry St. in Corona. The seller was KHS America; the buyer was not disclosed. “We dealt with the 43-day... Read more »
CBRE facilitated the sale of the Signal Hill Commerce Center, a portfolio of three industrial properties totaling 89,438 square feet across four buildings in Signal Hill. The properties, located at 2698 Junipero Ave., 2300 Walnut Ave. and... Read more »
RIPCO Real Estate closed the sale of 350 Grand Concourse, a prime development site located in the Mott Haven neighborhood of the Bronx. The buyer, Shorewood Real Estate Group, acquired the site for... Read more »