City: Los Angeles
Investor Pays $36 Mln for Sunset Strip Offices
January 3, 2001 WEST HOLLYWOOD, Calif. – Mani Brothers, a private investment firm, has paid $36 million, or just over $257/sf, for 9000 West Sunset Blvd. in West Hollywood.The 15-story office building was sold by ING Realty Partners and Jupiter ...
1930 Century Park West
The property is 100 percent occupied, with investment bank Houlihan Lokey Howard & Zukin as the biggest tenant.
MaguirePartners Scores $65 Mln of Mezz Funding for L.A. Tower from Blackacre, BlackRock
Rob Maguire met the year-end deadline to buy out Dai-Ichi Life's stake in the building. His purchase was funded with a mortgage from Deutsche Bank and CSFB and mezzanine debt from Blackacre and BlackRock.
Nonprofit Sublets Space from Washington Mutual
December 22, 2000 By Brad Berton, Commercial Real Estate Direct Contributing WriterCCK Sports Foundation has subleased 51,500 square feet of campus-type office space from financial giant Washington Mutual at the former Home Savings headquarters in Irwindale, Calif.The 9-1/2-year sublease is ...
Newhall Land Sells 4 Apartment Complexes to Equity Residential for $129 Mln
December 22, 2000 Special to Commercial Real Estate DirectNewhall Land & Farming (NYSE:NHL), the biggest property owner in northern Los Angeles County's booming Santa Clarita Valley, has sold four apartment complexes totaling 924 units within its Valencia master-planned community for ...
Equity Office Nudges Into Playa Vista Project
The Chicago REIT is providing a bridge loan to Maguire Partners, allowing the developer to buy a 6.5-acre development site within the massive Playa Vista complex in California.
KWI Property Fund I Purchases 3 Buildings in Los Angeles
December 15, 2000 LOS ANGELES – KWI Property Fund I LP, a $250 million fund formed by Kennedy-Wilson International (Nasdaq:KWIC) earlier this year, has purchased three office properties totaling 576,092 square feet. The properties are: the 11-story, 162,150-sf 7080 Hollywood ...
Developer Files Plan to End Legal Dispute, Develop LA Site
December 8, 2000 LOS ANGELES – The owners of the former Ambassador Hotel site in central Los Angeles today filed a reorganization plan to resolve the 10-year legal dispute with the L.A. Unified School District over development of the 23.5-acre ...
Carlyle Group Seen Buying Big L.A. Telecom Building
One Wilshire, one of the nation's premier telecommunications properties, is about to be sold. The building would be among the first built-out carrier hotels to be sold.
Charlesbank, Divco Buy LA-Area Office
December 5, 2000 BOSTON – Charlesbank Capital Partners LLC has formed a joint venture with Divco West Properties to purchase Manhattan Towers, a 310,000-square-foot office complex in Manhattan Beach, Calif.As previously reported, Charlesbank and Divco paid $55 million, or $177/sf. ...
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