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Moving Company Signs Chatsworth Warehouse Lease

Air 1 Moving & Storage has signed a lease for a freestanding industrial facility in Chatsworth.

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NoHo Arts District Apartments Sell for $2.3 Million

An apartment complex with eight units in North Hollywood has sold for $2.3 million to an undisclosed buyer.

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$1 Billion Transformation for Warner Center Corporate Park

Adler Realty Investments has plans for a $1 billion transformation of Warner Center Corporate Park at the intersection of DeSoto Street and Burbank Boulevard in Woodland Hills.

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Northrop Grumman Site to Host Eldercare Facility

A 1 million-square-foot eldercare facility will be developed on a portion of the 59 acre property at Northrup Grumman’s Woodland Hills site.

Tutor Perini Bids Low on Projects Totaling $1 Billion

Tutor Perini Corp. has made low bids for three new civil projects that will total approximately $1 billion.

L.A. County Approves Centennial at Tejon Ranch Project

By a 4-to-1 vote, the Los Angeles County Board of Supervisors voted Tuesday morning to approve the massive Centennial master-planned community project at Tejon Ranch and bring 19,000 new dwellings to the Southern California region.

Valley Lobbyist Charged With Bribery in Huizar Corruption Case

Federal prosecutors Tuesday charged an L.A. City Hall lobbyist from the Valley with bribery.

Preview: Indy 500 Puts Face on Afrezza

Race driver to promote MannKind's insulin.

New Details on Adler Realty’s $1 Billion Warner Center Development

New information has surfaced regarding Adler Realty Investments’ $1 billion mixed-use development in Warner Center.

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Head of WarnerMedia to Take Top Job at AT&T

John Stankey, head of WarnerMedia, which includes Burbank-based Warner Bros. Entertainment, will become chief executive of AT&T Inc. by July 1.

French Transport Conglomerate Buys Camarillo Bus Company

French firm RATP Dev USA has purchased Camarillo’s Roadrunner Shuttle for an undisclosed amount, according to local reports.

Crunch Fitness Building in Van Nuys Sold for $6.1 Million

The Crunch Fitness Building in Van Nuys has traded hands for $6.1 million, according to SRS Real Estate Partners’ National Net Lease Group.

Valley Contractor to Build Electric Car Manufacturing Plant

Electric vehicle manufacturer Faraday Future has selected San Fernando-based construction company Bernards as the general contractor to create its new, 1 million-square-foot factory in Hanford.

Santa Clarita Projects Fill Out the Map

Business Journal field trip highlights developments.

The Business Journal’s Warner Center-based editorial team took a field trip to Santa Clarita Valley, where gatekeepers of various developments shared updates on their projects.

Chinese Real Estate Investment Nosedives

Chinese investment in U.S. real estate last year declined by more than half, according to a Cushman & Wakefield report.

Warner Center Land in Development Sells for $11.6 Million

A 2.3-acre parcel of land in Warner Center has sold for $11.6 million.

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Commercial Real Estate Veteran Joins Marcus & Millichap Board

Marcus & Millichap Inc. has expanded its board with the appointment of Lauralee Martin, effective Aug. 1.

Labor Commissioner's Office Fines NoHo Restaurant

The California Labor Commissioner’s Office has cited three Southern California restaurants for more than $1 million in wage theft violations, with the heaviest fine on a North Hollywood-based Thai restaurant. Labor Commissioner Julie Su ordered Sanamluang Cafe to pay nine workers $708,457 in lost wages and break period restitution.

Lancaster Retail Property Sells for $1 Million

Calabasas-based Marcus & Millichap has announced the sale of Lancaster Village, a 13,463-square foot retail property located at 1137 West Avenue I in Lancaster.

Warner Bros. Expansion Includes Burbank Studios, Gehry Towers

Warner Bros. Entertainment announced Monday major expansion plans for its Burbank headquarters, which will include the acquisition of a nearby studio complex and the creation of two Frank Gehry-designed office towers.

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