Kennedy Wilson has paid $135 million, or $196,506/unit, for the Chadwick, a 687-unit apartment property in Los Angeles' Koreatown neighborhood. The Beverly Hills, Calif., investment manager acquired the property, at 209 South Westmoreland Ave., from LeFrak of New York. Kidder ...
Commercial Real Estate Direct Staff Report West Hive Capital has sold Western Plaza, a 28,190-square-foot retail center in Rancho Palos Verdes, Calif., a southern suburb of Los Angeles, for $24.5 million, or $869.10/sf. The Irvine, Calif., investment firm sold the ...
Brixmor Property Group has paid $138 million, or $299.17/sf, for the 461,269-square-foot Chino Spectrum Towne Center retail property in the Los Angeles suburb of Chino, Calif. The New York REIT acquired the property, at 3801-4097 Grand Ave., from MetLife Investment ...
LCBC Development has paid $32 million, or $298.99/sf, for the 107,028-square-foot Centerstone Plaza office property in the Los Angeles suburb of Irvine, Calif. The Newport Beach, Calif., company acquired the property, at 4000, 4010, and 4040 Barranca Parkway, from New ...
Commercial Real Estate Direct Staff Report Safehold Inc. has acquired the ground-lease interest in the 207-unit apartment property that's being developed at 6033-6039 De Soto Ave. in Woodland Hills, Calif., a suburb of Los Angeles. Safehold is a New York-based ...
L.A. Business First Orden Co. has paid $57 million, or $221.17/sf, for the 257,722-square-foot industrial building at 875 West State St. in Ontario, Calif. The Santa Fe Springs, Calif., developer acquired the warehouse from IHC State LLC in a deal ...
Riot was paying $20.11 million of annualized base rent for its space and was subject to a lease that didn't mature until March 2030. To terminate its lease, it made an additional $81 million payment to the Los Angeles REIT, ...
Commercial Real Estate Direct Staff Report Riot Games has paid $150 million, or $528.17/sf, for its headquarters building, the 284,037-square-foot Element LA office property in Los Angeles. The video game developer bought the building, at 12333 West Olympic Blvd., from ...
Rialto Capital has provided $113 million of mortgage financing against the Mix, a 469,749-square-foot mixed-use property in the Los Angeles suburb of Northridge, Calif. Newmark arranged the loan on behalf of the property's owner, a venture of Affinius Capital of ...
Sunset Media Center, at 6255 West Sunset Blvd., was built in 1974 and underwent renovations in 2014. It has a restaurant, cocktail bar, and outdoor seating. The property is 51% occupied by tenants that include Media Res, Magical Elves, The ...
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