REAL ESTATE: Analysts cheer REIT’s report of property acquisitions in quarter.
Executives with Public Storage discussed acquisitions with research analysts during their conference call on third-quarter earnings.
Los Angeles County’s unemployment rate fell to 15.1 percent in September from a revised 16.4 percent in August.
FINANCE: Manufacturing, professional service firms look to buy real estate.
Small businesses have found opportunities during the pandemic, creating a need for capital that SBA lenders have worked to fill.
Investment features artificial intelligence marketing deal.
Eta Compute Inc. announced last month it had raised $12.5 million in a Series C round of funding.
At $5.3 million, location offers ‘value appreciation.’
The gavel has come down on an office building in Valley Village. Alder Law, a Los Angeles-based legal firm, has purchased the building at 12800 Riverside Drive for $5.3 million, or $266 per square foot, according to brokerage CBRE Group.
It is interesting to read that transit agencies such as New York Metro are ending its free fares that it had for a short period during the pandemic.
Los Angeles-based printer Front Signs has signed a 10-year-lease to occupy a 24,468-square-foot portion of the 67,456 square foot multitenant warehouse at 3520-3560 Valhalla Drive in Burbank.
A Glendale man on Tuesday was sentenced to 84 months in federal prison after pleading guilty to running a series of credit card scams which defrauded over 20 banks out of nearly $5 million.
Calabasas real estate brokerage Marcus & Millichap Inc. has entered an agreement to acquire Mission Capital Advisors.
Avantus Aerospace has acquired California Screw Products, a Paramount high-strength fasteners manufacturer for commercial and military aerospace applications.
Rexford Industrial Realty plans for redevelopment.
Rexford Industrial Realty has purchased an industrial park in Sylmar for $22 million, according to a statement from real estate brokerage Newmark.
As part of a two-property transaction, Rexford Industrial Realty Inc. has acquired a Sylmar property at 13943-13955 Balboa Blvd. for $42.6 million.
MannKind Corp. announced it has acquired Pennsylvania-based QrumPharma Inc. for $3.5 million in cash and more than 3 million shares of its common stock.
The Cusumano family has donated $1 million to the Boys & Girls Club of Burbank and Greater East Valley to purchase a new clubhouse.
Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.
An office building in Valley Village has been purchased by Alder Law, a Los Angeles-based legal firm, for $5.3 million, or $266 per square foot.
Teledyne Technologies Inc. announced Monday it will acquire Flir Systems Inc. in a cash and stock deal valued at $8 billion.
It’s outrageous that the average cost to build a city-subsidized apartment for the homeless has climbed to $559,000 with highest per-unit cost now at $746,000.
Marvell Technology Group Ltd. is acquiring Inphi Corp., the San Jose semiconductor manufacturer that got its start in the Conejo Valley