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

Preview: Office Transformation Special Report

Will the office building of the future include a gym or restaurant?

Developer Eyes Mixed Use Project on $40 Million Burbank Parcel

Developer SJ4 Burbank has purchased 8 acres in Burbank from Northridge Properties for $40 million.

Valley Retailers Prepare for Protests

Panorama City Mall was scheduled to reopen for in-store shoppers on Monday but was forced to postpone due to protests taking place near the property.

Tease photo

22-Unit North Hills Multifamily Sells for $4.7 Million

Kelly Morgan Commercial Group at KW Commercial has transacted the sale of 8805 Orion Ave., a 22-unit multi-family property in North Hills, for $4.7 million.

Tease photo

Promenade 2035 Project Passes Planning Commission With Unanimous Vote

Westfield’s Promenade 2035 project has passed an important milestone after a unanimous vote during its entitlements hearing with the Los Angeles City Planning Commission.

Tease photo

Marcus & Millichap to Lay Off 175 Staffers

Calabasas-based brokerage Marcus & Millichap Inc. will lay off 175 salaried employees, or 20 percent of its 877-person workforce, as the coronavirus outbreak ripples through the commercial real estate industry.

SecureSpace Self Storage Opens in Camarillo

SecureSpace Self Storage has announced the grand opening of a new self storage facility in Camarillo.

Tease photo

Terasaki Institute to Move into Former Weider Building

The Terasaki Institute, a Los Angeles biotech nonprofit, plans to transform the former Weider Health and Fitness Center into a biomedical research and development facility.

Tease photo

Van Nuys Multifamily With 96 Units Sells for $19 Million

A 96-unit apartment building in Van Nuys has sold for just over $19.3 million, or $200,337 a unit.

Tease photo

Amazon to Occupy 97,000 Square Feet in Santa Clarita

Amazon.com Inc. is ready for a major Santa Clarita Valley presence.

Tease photo

Preview: Resilience in Self Storage

INDUSTRIAL: Business model works in current economy.

Westfield Unveils New Renderings of Promenade 2035

Shopping mall developer Unibail-Rodamco-Westfield has unveiled new illustrations for Promenade 2035, its 34-acre mixed-use complex in Warner Center that will replace the current Westfield Promenade mall.

Tease photo

38-Unit Sunland Apartment Complex Sells for Nearly $12 Million

Parkview East Apartments in Sunland has sold for $11.7 million, according to Encino-based Matthews Real Estate Investment Services.

Tease photo

Homes 4 Rent Joint Venture to Build Houses in Las Vegas

A joint venture of American Homes 4 Rent and J.P. Morgan Asset Management has launched its first project to build 34 single-family homes in the Sovana and Spring Valley neighborhoods of Las Vegas.

Valley Home and Condo Sales Drop 47 Percent in April

Stay-at-home orders in April negatively impacted San Fernando Valley’s real estate market, according to a Southland Regional Association of Realtors report, which showed a 47 percent drop in the number of houses and condominiums sold for the month.