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

Housing Development to Go Up in Chatsworth

A Newport Beach firm has acquired its first Los Angeles County homesite with the goal of bringing 50 luxury homes online in Chatsworth by next year.

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Simi Valley Warehouse Sells For $8.2 Million

An industrial building has traded hands in Simi Valley in an $8.2 million deal which closed on April 12, according to an announcement by PCI Commercial Reality Group.

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Santa Clarita Logs Biggest Rent Hikes in L.A. Metro Market

A new study found that Santa Clarita ranks No. 18 among medium-sized cities nationwide for year-over-year rent growth.

San Fernando Retail Building Sells for $850,000

A corner retail property in San Fernando has changed hands for $850,000, or $158 a square foot.

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Public Storage Promotes Top Lawyer

Public Storage has promoted Nathaniel Vitan to chief legal officer and corporate secretary as of April 20, the company said in a statement.

Small Van Nuys Office Building Sells for $1.3 Million

A 4,500-square-foot office building in Van Nuys has sold in an all-cash deal for $1.3 million, or $288.89 per square foot, according to brokerage CREI.

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Lancaster Senior Housing Complex Trades for $8.7 Million

Aurora Village Apartments, a low-income senior housing project in Lancaster, has traded for $8.65 million, according to Lee & Associates-LA North/Ventura.

Tenant Purchases Chatsworth Warehouse for $9.7 Million

A Chatsworth warehouse has sold for $9.65 million to its tenant Allsale Electric.

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North Hills Apartment Building Sells for $4.9 Million

A North Hills multifamily property has sold for nearly $4.9 million, or $318 per square foot.

Sherman Oaks Office Building Trades for $11.6 Million

A 38,994-square-foot office building in Sherman Oaks has sold for $11.6 million, or $298 per square foot, according to an announcement by Lee & Associates-LA North/Ventura.

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Warner Bros. Expansion Includes Burbank Studios, Gehry Towers

Warner Bros. Entertainment announced Monday major expansion plans for its Burbank headquarters, which will include the acquisition of a nearby studio complex and the creation of two Frank Gehry-designed office towers.

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Van Nuys Movie Studio Sells for $1.6 Million

A Van Nuys-based movie production studio has changed hands for the first time since its 1957 founding for $1.6 million, or $181 per square foot, according to brokers involved in the deal.

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Westfield Valencia Adds $100 Million Patios Development

The former Sears location at Westfield Valencia Town Center will become the site of a project dubbed the Patios Connection, building on the success of the retail center’s existing element, The Patios.

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NoHo Apartment Complex Sells After Nearly Three Decades for $5.2 Million

A 22-unit multifamily property in North Hollywood has sold for the first time in nearly 30 years for nearly $5.2 million.

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Semtech, PS Business Parks Join S&P Index

Semtech Corp. and PS Business Parks have been added to the S&P MidCap 400 index.