A 200-unit apartment complex in Lancaster has sold at a record price for the greater region, according to commercial real estate brokerage firm Mogharebi Group in Costa Mesa.
An older industrial building has traded hands in Sun Valley for one of the highest prices in the area, according to Lee & Associates-LA North/Ventura.
Stock prices of Public Storage in Glendale tumbled nearly 6 percent Thursday on second-quarter earnings and revenue that fell short of analysts’ expectations.
HemaCare Corp. in Van Nuys plans to relocate its headquarters to Northridge to make room for growth, the company announced.
Prices for condominiums in the San Fernando Valley broke records again in June, the second month in a row, according to the Southland Regional Association of Realtors.
Home builders have a message for the city of Los Angeles: it’s been a good run, but we’re moving on.
Storm Properties has sold a development project for 58 houses in Van Nuys to KB Home, the company announced Thursday. Financial terms of the transaction were not disclosed.
Theodore W. Tozer, the former president of the Government National Mortgage Association or Ginnie Mae, will join the board of PennyMac Financial Services Inc., the company announced Wednesday.
Half of the massive Newhall Ranch development project sailed through approvals Tuesday at a public hearing by the Los Angeles County Board of Supervisors.
Younan Properties Inc. has purchased Burbank Corporate Center at 21900 Burbank Blvd. in Woodland Hills, the company announced Tuesday. Financial details of the transaction were not disclosed.
Wish Sotheby’s International Realty will open its fourth office next week in Calabasas, according to the company.
Quixote Studios, a national provider of soundstages, equipment and vehicles for film and television in Los Angeles, has bought a more than 60,000-square-foot industrial building in Sun Valley it currently rents and occupies, the company announced.
One Capital Management plans to relocate within Westlake Village and double its existing space by the end of the year, according to Daum Commercial Real Estate Services.
Glendale’s newest office building has sold for $59 million, according to Newmark Knight Frank of Los Angeles.
Chatsworth Business Park has sold for more than $29 million, according to real estate database CoStar Group Inc., a hefty bump-up over its prior purchase price.