All results / Stories / Michael Aushenker


Thousand Oaks Approves Caruso’s Lakes Residential Development

The property where the Caruso company’s Lakes retail center is located in Thousand Oaks will be sold to Rick Caruso in a deal that will allow the real estate developer to add a six-story residential apartment building to the site.

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Tejon Ranch’s Centennial Project to Advance After Agreement With Environmental Group

Tejon Ranch Co. will see its long-stalled 6,700-acre Centennial master-planned project near Gorman go forward after the company made an agreement with environmental nonprofit Climate Resolve to drop its lawsuit.

Residential Tower Eyed for Glendale

A 294-unit apartment building with a public plaza has been proposed for the city of Glendale.

Granite Sells Burbank Office Tower for Nearly $91 Million

A 152,834-square-foot office building in Burbank has sold for $90.5 million.

Winds Damage Dome Structure in Burbank

Santa Ana winds caused damage during the Thanksgiving holiday to a new dome structure being built at the intersection of Hollywood Way and Empire Avenue in Burbank.

Eldercare Complex Planned for Studio City

A developer plans to build a 145-unit assisted living facility in Studio City.

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Ventura County Multifamily Sells for Nearly $40 Million

Calabasas-based Marcus & Millichap Inc. has brokered the sale of Ocean Villas, a 119-unit residential complex in Oxnard for $39.8 million.

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$24 Million Burbank Campus to Be Rebranded as the Foundry

Montana Avenue Capital Partners has purchased a Burbank media production and office campus for $24 million.

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AROUND THE VALLEYS

Amgen Inc. announced it has broken ground on a new biomanufacturing plant in New Albany, Ohio.

Simi Valley Industrial in Build Mode

Stream Realty and QuadReal to bring 344,056 square feet.

Last month saw the groundbreaking of Tapo Canyon Commerce Center, a five-building 344,000 square foot industrial complex at 1800 Tapo Canyon Road in Simi Valley.

Q Topanga Unveiled at Warner Center Event

Shawn Evenhaim’s second residential tower opens.

California Home Builders celebrated the grand opening of Q Topanga apartments.

Multifamily Money Flows In Burbank

LaTerra Development plans pair of apartment projects.

With a third-quarter office vacancy of 8 percent, according to Colliers International data, Burbank has thrived throughout the pandemic as the center of media and tech companies, including movie studios Walt Disney Co. and Warner Bros., and various television networks and animation houses, including Netflix Inc.’s new animation studio.

Stages in Short Supply

With demand for content on the rise, developers hurry to build movie studios.

Construction of new production lots in the East San Fernando Valley has heated up.

Valley’s Early Player

Quixote got into studio rentals before the boom, but faces new competitors.

In the pre-pandemic days of August 2019, Quixote Studios got ahead of the content-demand curve when it opened its North Valley Studios at 12137 Montague St. in Pacoima.

Building an Epicenter

NBCUniversal expands production capacity on its lot to become the ‘content hub of the future.’

In what the company calls the “content hub of the future,” NBCUniversal is currently building eight soundstages in an expansion and updating of its century-old Universal Studios lot.

Is It Wetland?

REAL ESTATE: Shawn Moradian wants to build on his 37 acres in Thousand Oaks, but he alleges a ‘backdoor deal’ has sabotaged the project.

Landowner wants to build on 37 acres but claims that ‘backroom deal’ has sabotaged his plans.

Wanted: Would-Be Real Estate Brokers

Marcus & Millichap fellowship will train next-gen professionals.

Marcus & Millichap Inc. fellowship will train next-gen professionals.

Studio Bonanza

Developers build next generation of film facilities in the East Valley.

Developers, investors, movie studios and support companies are working to build enough soundstages to meet increasing demand from newly launched streaming services, internet programmers and traditional production houses.

Developer Sues Agoura Hills Over Rejected Project

California Commercial Investment Cos. has filed a lawsuit against the city of Agoura Hills over the Westlake Village builder’s long-gestating plan to build Agoura Village East.

$199 Million Loan Will Fund Burbank Apartment Project

LaTerra Development and development partner QuadReal Property Group have announced the closing of a nearly $199 million construction loan toward the development of their 573-unit residential community at 777 N. Front St. project in Burbank.

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