City: Los Angeles

L.A. Business First A development group led by Lowe has broken ground on Carina, a 408-unit apartment property in Santa Ana, Calif. The Los Angeles developer is building the property at 2828 North MainPlace Drive, about 31 miles southeast of ...

Commercial Real Estate Direct Staff Report Capital Group has agreed to pay $210 million, or $150/sf, for Los Angeles' Bank of America Plaza, a 1.4 million-square-foot office property in the city's downtown. The financial services company, the building's largest tenant, ...

Sonnenblick-Eichner Co. has arranged an $80 million mortgage against the 162,031-square-foot Del Rey Campus office property in the West Los Angeles area of Marina del Rey, Calif. The loan, which requires only interest payments for its five-year term, was provided ...

Commercial Real Estate Direct Staff Report TruAmerica Multifamily has paid $116.23 million for two apartment properties with 157 units in Los Angeles. The Los Angeles investment manager bought the 97-unit Haven at 11924 West Washington Blvd. from Cityview, also of ...

Terreno Realty Corp. has sold the 231,000-square-foot industrial property at 1855 West 139th St. in Gardena, Calif., for $44 million, or $190.48/sf. The buyer could not be learned immediately. Terreno, of Bellevue, Wash., bought the property in 2017 for $37.6 ...

Rentv.com BWE has provided $82.9 million of Fannie Mae financing against the 398-unit River Ranch Apartments in Simi Valley, Calif., a northwest suburb of Los Angeles. The five-year loan pays a fixed-rate coupon and allows the owner, Decron Properties, to ...

The Real Deal Cedars-Sinai has paid $270 million, or $807.06/sf, for the Beverly Connection, a 334,566-square-foot shopping center in Los Angeles. The local healthcare company acquired the retail property, at 100 North La Cienega Blvd., from Ashkenazy Acquisition Corp., which ...

The Real Deal CIRE Equity has paid $116 million, or $377.85/sf, for a pair of neighboring industrial buildings with a total of 307,000 square feet in Van Nuys, Calif. The San Diego private equity firm bought the properties from Link ...

The Real Deal East West Bank has paid $98 million, or $362.96/sf, for Western Asset Plaza, a 270,000-square-foot office property in Pasadena, Calif. The bank acquired the property, at 385 East Colorado Blvd., from Irvine Co., which bought it in 2012 ...

Yuejie Inc. has paid $28.18 million, or $337.49/sf, for the 83,500-square-foot industrial property at 1800 South Anderson Ave. in Compton, Calif. The freight forwarding company, represented by Kidder Mathews, acquired the building from CSME Partners LLC, which was represented by ...