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NoHo Complex to Replace Strip Mall, Apartment Building

A proposed development would raze a strip mall and vacant apartment building in North Hollywood to pave the way for an 84-unit apartment building.

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Westlake Village Office Building Sells for $18 Million

Westlake Plaza Centre 2, an 84,098-square-foot office building at 2829 Townsgate Road in Westlake Village.

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Burbank Warehouse Sells for $2.3 Million

A 7,400-square-foot industrial building in Burbank has sold for $2.27 million, or $307 a square foot, according to brokerage NAI Capital.

Agoura Hills Office Property Sells for $4.75 Million

A private investor has purchased a multi-tenant office building in Agoura Hills from an undisclosed seller for $4.75 million.

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Harbor Freight Moves Calabasas Headquarters

Harbor Freight Tools USA Inc., a national tool retailer that was formerly based elsewhere in Calabasas, has signed a 228,990-square-foot, 15-year lease at Corporate Center Calabasas.

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Hotel, Apartments to Replace Defunct School in Newbury Park

A developer has proposed new uses for an obsolete school in Newbury Park while preserving the historic value of the buildings, which date back nearly a century.

Glendale Apartment Portfolio Sells for $79 Million

Dana Point-based Raintree Partners purchased seven multifamily properties in Glendale for $79 million.

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New Self-Storage Facility Coming to Glendale

Trojan Storage, a Los Angeles-based self-storage company, has purchased a site in Glendale to build a new storage facility.

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Nonprofit Eyes 120 Units of Affordable Housing in Panorama City

A major affordable housing mixed-use project will go before Panorama City Neighborhood Council's Land Use Committee this month.

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L.A. Investment Firm Pays $24 Million for Reseda Apartment Complex

Lion Real Estate Group, a Los Angeles based real estate investment and development firm, has sold the Park Terrace Apartments in Reseda for nearly $24 million.

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Tejon Ranch Criticizes Latest Centennial Lawsuit

Tejon Ranch Co. issued a statement Tuesday criticizing a lawsuit filed by an environmental organization to prevent the company from building its massive Centennial project.

KB Home Opens Sapphire Dunes Development in Lancaster

KB Home has opened a new collection of single-family homes for sale at Sapphire Dunes in Lancaster.

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Preview: For Valley Landlords, Seismic Deadline Looms

REAL ESTATE: Owners of 'soft story' buildings balk at costs.

Dressbarn to Close All Stores

Dressbarn, the value clothing retail chain specializing in women’s career wear, is shuttering all of its 650 stores, including its Santa Clarita Valley location.

Encino Apartment Building Sells for $7.4 Million

A 27-unit multifamily property at 5354 Yarmouth Ave. in Encino has sold for $7.4 million, or $342 per square foot.