David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Los Angeles
Anaheim, Calif., Office Property Sells for $72.1Mln
The Registry Henry and Susan Samueli have paid $72.1 million, or $275.26/sf, for Stadium Tower, a 261,936-square-foot office property in Anaheim, Calif. The owners of the Anaheim Ducks, a professional hockey team, purchased the building from CBRE Investment Management and ...
Barings Buys Los Angeles Office Property for $150.7Mln
Barings has paid $150.7 million, or $491.19/sf, for the 306,809-square-foot I/O at Playa Vista office property in Los Angeles. The Charlotte, N.C., investment manager purchased it from Clarion Partners of New York, which bought it in 2014 for $132.7 million. ...
Los Angeles-Area Apartments Sell for $38.3Mln
Commercial Real Estate Direct Staff Report Community HousingWorks has paid $38.3 million, or $303,968/unit, for the 126-unit NOVO Apartments in the Los Angeles suburb of Rowland Heights, Calif. The San Diego nonprofit purchased the property, at 1940 Fullerton Road, about ...
Downtown Los Angeles Office Property Sells for $210Mln
Uncommon Developers has paid $210 million, or $201.92/sf, for Figueroa at Wilshire, a 1.04 million-square-foot office property in downtown Los Angeles. The local company purchased it from Brookfield Properties of New York, which was represented by Newmark. Brookfield came into ...
EY Plaza
Carolwood is in the process of purchasing EY Plaza, a 920,308-square-foot office building in Los Angeles for $130 million, or $141.26/sf. The local private equity firm is buying the property from the lenders that had provided $305 million of debt ...
Ralphs at Market Lofts
Mushmel Properties has paid $20.9 million, or $380.36/sf, for the 54,946-square-foot Ralphs at Market Lofts retail space in Los Angeles. The Los Angeles investment firm structured its purchase as part of a tax-deferred exchange. The property comprises the ground floor ...
Palisade Group Pays $97Mln for Los Angeles-Area Industrial Property
A venture led by Palisade Group has paid $97 million, or $178.08/sf, for Garfield Business Center, a five-building industrial property with 544,705 square feet in Commerce, Calif. The Los Angeles investment manager partnered with affiliates of Benefit Street Partners on ...
New York Life Lends $220Mln for Los Angeles Apartments
New York Life Real Estate Investors has funded $220 million of financing against the 428-unit Opus apartment property in Los Angeles' Koreatown neighborhood. BWE arranged the financing, which is comprised of a $205 million senior loan and $15 million mezzanine ...
Logistics Company Leases 250,369 SF of Industrial Space in Ontario, Calif.
Commercial Property Executive CTK USA has agreed to lease 250,369 square feet of space within Ontario Commerce Center, a 967,439-sf industrial property in Ontario, Calif. The logistics company was represented by Newmark. The property, at 3100 Hamner Ave., is owned ...
L.A. Office Gets 23% Haircut in Latest Appraisal
Commercial Real Estate Direct Staff Report The 891,128-square-foot Central Plaza in Los Angeles has been reappraised at $109 million, a nearly 23% reduction from the $141.3 million appraised value pegged to it in 2014, when a $94 million mortgage was ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
