SFV REAL ESTATE
Two Valley Apartment Portfolios Sell for Nearly $12 Million
Real estate brokerage Marcus & Millichap Inc. in Calabasas has sold two separate multifamily portfolios in the San Fernando Valley totaling 61 units between four buildings.
Xebec to Renovate Chatsworth Warehouse for E-commerce
Xebec Realty has announced the purchase of an industrial facility in Chatsworth, which the Dallas-based real estate investment company plans to renovate for e-commerce deliveries.
Colliers Appoints Executive to Oversee Valley Offices
To further expand its business in the five-county Los Angeles commercial real estate market, Colliers International has appointed a new executive to oversee seven offices, including three in the greater Valley region.
Independent Movie Studio Leases Valencia Warehouse
An unidentified independent studio operator with an existing Santa Clarita Valley presence has signed a new 166,359-square-foot lease at Rockefeller Crossing.
Construction Begins on Glendale Holiday Inn
A Glendale gym at 1001 E. Colorado St. has been demolished to make way for the construction of a new Holiday Inn & Suites hotel, now underway.
NoHo Development With 27 Homes Breaks Ground
Los Angeles real estate developer Verono Homes has begun building its first project in North Hollywood, called Outline at NoHo.
ServiceTitan to Occupy Former Nestle Space in Glendale
ServiceTitan Inc. is expanding into a Glendale office building once occupied by Nestle USA.
Rex Home Brokerage Expands on East Coast
Digital real estate brokerage Rex is expanding its service to Philadelphia, southern New Jersey and, soon, Delaware.
Bedfellows Building in Studio City Sold
A Studio City retail building located at 12250 Ventura Blvd. that was most recently home to the mattress business Bedfellows has sold for an undisclosed price.
Tudor Office Building Sells for $5.4 Million
The Tudor office building in Woodland Hills has sold for $5.4 million, or $228.68 per square foot.
Three People Injured in Canoga Park Industrial Explosion
Three people were injured after an explosion rocked a Canoga Park industrial area Wednesday that collapsed part of the building’s roof and tore through three units.
Valley Home Sales Reach Record Low as Prices Fall
The number of homes sold last month in the San Fernando Valley reached a record low for February, even as inventory expanded and prices softened, according to a report from the Southland Regional Association of Realtors.
Newhall Retail Center Sells for $2.5 Million
A multi-tenant retail property in Newhall has sold in an all-cash transaction for $2.45 million, or $389 a square foot.
Commercial Real Estate Awards Honors Valley's Best
San Fernando Valley Business Journal handed out its Commercial Real Estate Awards Thursday night during a dinner event held at the Hilton Woodlands Hills hotel.
Rain Storms Delay Shopping Center Opening in Porter Ranch
A series of rain storms has delayed the official rollout of Porter Ranch shopping center The Vineyards, which was originally scheduled to begin opening stores this week.
