New York City investment firm Blackstone has acquired two adjoining buildings in Van Nuys for $83 million.
A 15,025-square-foot office building in the West Hills market has sold for $4.3 million.
A residential project has been proposed for Van Nuys, located not far from the Van Nuys Metrolink Station.
A private real estate investor has paid $2 million for a retail building in Castaic that has a lease commitment from Jack in the Box through March 2027.
Van Nuys-based advocacy group Valley Industry & Commerce Association has voiced opposition to a Los Angeles City Council motion to regulate business.
Real estate investment bank Sonnenblick-Eichner Co. has arranged $20.5 million in first mortgage debt for the 178-room Carriage Inn, located at 5525 Sepulveda Blvd. near the intersection of Burbank Boulevard in Sherman Oaks.
Two major mall owners in the Valley region are closing their shopping centers in light of the coronavirus outbreak.
North Hollywood developer Sahaco Inc. has filed plans with the city of Los Angeles for a new residential complex in Sun Valley that would bring 71 market-rate apartments online.
A 48-unit multifamily complex in Tarzana has sold for $15.1 million in an all-cash transaction.
Anchor Loans is relocating its headquarters to Westlake Village with the signing of a 26,000-square-foot lease at One Baxter Way.
WeWork has announced the opening of its first location in Woodland Hills, called WeWork The Warner Center.
Two pie chains open their first parlors in the region.
Pizza is trending in the 818, as two prominent chains with loyal followings opened their first San Fernando Valley outlets in January.
DEVELOPMENT: Office tower in Panorama City closed by the Northridge Quake finds second life as a residential complex.
Office tower damaged in Northridge Earthquake gains new life as a residential complex.
ECONOMY: The disease has impacted businesses across the Valley region – with more to come.
Coronavirus has impacted businesses across the Valley region – with more to come.
A 65,269-square-foot industrial building in the Conejo Valley has sold for $8.1 million, with the new owner looking to turn it into biotech labs.
Sinclair Printing has sold an industrial warehouse in Palmdale for $15 million.
A 60-unit multifamily complex in Glendale has sold for $28 million, or $467,000 per unit.
U.S. Postal Service has signed a lease to occupy a 52,000-square-foot industrial building owned by Bolour Associates Inc. at 21200 Oxnard St. in Woodland Hills.
The Village at Moorpark, a 129,374-square-foot shopping center, has sold for $20 million, according to brokerage Avison Young.
Barefoot Dreams has committed to a 50,708-square-foot lease at Rexford Industrial’s Conejo Spectrum Business Park in Thousand Oaks.
PBS Biotech has leased a 63,789-square-foot freestanding industrial facility in Camarillo, according to brokerage Newmark Knight Frank.
Law Special Report
Yi Sun Kim’s practice concentrates on business bankruptcies, litigation and transactions.
REAL ESTATE: Brokerage sales increased, despite slump in overall market.
Brokerage Marcus & Millichap saw increased Q4 revenue despite market slump.
Foundation now Mamba & Mambacita Foundation.
The Mamba Sports Foundation at Mamba Sports Academy in Newbury Park has been rebranded as Mamba & Mambacita Sports Foundation.
Regional parcel courier trucking company 1st Choice Delivery has signed a 25,202 square-foot industrial lease for an undisclosed cost at San Fernando Business Center in the city of San Fernando.
An investor paid $17.4 million, or about $285,000 a unit, for a 61-unit apartment building in Sylmar put on the market by court order, according to CoStar.
Warner Center has another mixed-use project coming soon on the site of the Fry’s Electronics store at 6100 Canoga Ave.
Ramada by Wyndham Hotel/Burbank Airport has announced the completion of a nine-month, $7 million property overhaul which includes a new name.
The Rotary Club of Thousand Oaks sponsored a breakfast Friday on the economic outlook for Ventura County and the city of Thousand Oaks.
STAG Industrial Inc. has sold a pair of massive free-standing industrial buildings in Camarillo for $88 million.
24/7 Events Inc., a rental company for corporate and sporting events, has leased 50,930 square feet at a newly constructed industrial property in the Valencia Commerce Center complex.
REGULATION: Newly legalized crop banned in Moorpark, Thousand Oaks.
Ventura County cities pass ordinances to ban production of industrial hemp within their borders.
REAL ESTATE: Entrepreneurs disrupt brokerage business.
How proptech is changing the way people buy a new home.
Developers have filed paperwork with the city of Los Angeles to turn a former club in North Hollywood into a hotel.
The Mamba Sports Foundation at Mamba Sports Academy in Newbury Park has been rebranded Mamba & Mambacita Sports Foundation.
Cartoon studio Titmouse has leased space at Media Center North, an office building located at 2835 N. Naomi St. in Burbank.
A proposed four-story, 278-unit apartment complex has been approved in Simi Valley under pressure-filled circumstances.
A 20-unit multifamily property at 15323 Weddington St. in Sherman Oaks has sold for $9.1 million, or $455,000 per unit.
Developer IMT Capital’s mixed-use re-imagining of the former Sunkist headquarters in Sherman Oaks has secured approval from Los Angeles City Council’s Planning and Land Use Management Committee.
NAI Capital has filed for Chapter 11 in a move to reorganize the company.
George’s Greek Grill has leased 3,105 square feet at the Sherman Oaks Galleria in Sherman Oaks, marking the regional chain’s first San Fernando Valley restaurant.
The multi-tenant industrial building at 13026 Saticoy St. in North Hollywood has sold for $5.7 million.
A developer wants to convert four Tri-Cities industrial buildings into leasable office space, according to an environmental impact report filed with the city of Glendale.
Scott Road Terrace Apartments, a 33-unit multifamily property in Burbank, sold for $10.9 million, according to brokerage Marcus & Millichap Inc. in Calabasas.
A portfolio of three industrial buildings in Van Nuys and Santa Clarita totaling 91,248 square feet has sold for $15.3 million.
Newmark Knight Frank has completed the $10.5 million sale of a 22,237-square-foot industrial property in the Northridge Business Centre at 19851–19853 Nordhoff St. in Northridge.
A private investor has acquired the Doran Lofts apartments in Glendale for $12.6 million.
Champion Real Estate Co. has acquired Valleywood Apartments, a 42-unit multifamily property in Northridge, for $14.9 million.
An apartment complex with eight units in North Hollywood has sold for $2.3 million to an undisclosed buyer.
Tarzana investment and property management firm Gelt Inc. has significantly expanded its Denver region apartment portfolio by 472 units by paying nearly $146 million the Kallisto at Bear Creek complex.