Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Three NoHo Office Buildings Sell for $32 Million

Three North Hollywood properties have sold for $32 million, according to CoStar Group Inc.

Whole Foods Proposal Still on Table

As if by premonition, Sherman Oaks Neighborhood Council’s planning committee members asked a Whole Foods Market Inc. representative Thursday night about whether the company planned to be acquired.

Valley Condo Prices Hit Record Highs

Condominiums in the San Fernando Valley hit an 11-year record price in May, according to the Southland Regional Association of Realtors Inc.

Woodland Hills Neighborhood Council Approves Hotel

The Woodland Hills-Warner Center Neighborhood Council on Wednesday approved a proposed hotel that will now be reviewed by the city of L.A.’s planning process.

Agoura Hills Office Building Sells for $20 Million

A 94,000-square-foot office building has sold in Agoura Hills for $20 million, according to L.A. commercial real estate brokerage firm Madison Partners.

Patagonia Buys Photography School Building

Outdoor clothing and gear brand Patagonia Inc. in Ventura has bought the former Brooks Institute of Photography building, according to CBRE Group Inc.

Burbank Empire Center Sells for $133 Million

The Burbank Empire Center has been purchased for more than $133 million, according to CoStar Group Inc.

Warner Center Office Building Changes Hands

A 64,000-square-foot Warner Center office building has sold for $14.5 million, according to CoStar Group Inc.

Simi Apartment Complexes Sell for $141 Million

The Villas & Overlook at Woodranch, two apartment complexes totaling 504 units in Simi Valley, have sold for more than $141 million, according to CoStar Group Inc.

Apartments, not Offices, are PS Business Parks’ Newest Venture

Glendale’s national office and industrial landlord, PS Business Parks Inc., is building apartments. The real estate investment trust announced Friday that its first-ever apartment venture, a 395-unit luxury mid-rise complex called Highgate at The Mile, at 7915 Jones Branch Drive in Tysons, Va., has opened to renters.

Office Building Sells with 50% Price Gain in 4 Years

An office building in North Hollywood has sold for $69 million, or about $350 a square foot, according to commercial real estate database CoStar Group Inc.

Home Prices Help American Homes Bonds

American Homes 4 Rent on Friday posted its revised “Home Price Appreciation Factor,” which affects returns for the company’s preferred shares.

Glendale Office Buildings Fetch $144 Million

Two Class A office buildings in Glendale have sold for $144 million, according to their buyer, real estate investment firm Kennedy-Wilson Holdings Inc.

Northridge Plaza Sells for $55 Million

A shopping center in Northridge has changed hands for nearly $55 million, according to Investment Real Estate Associates in Encino.

Home Prices Rise Again

Housing inventory continues to tighten in the San Fernando and Santa Clarita valleys, causing prices to rise again in April, according to the Southland Regional Association of Realtors Inc.