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 ...
Commercial Real Estate Direct Staff Report A venture of Hankey Investment Co. and Barker Pacific Group has paid $61 million, or $187.12/sf, for Sunset Media Center, a 325,995-square-foot office property in Los Angeles. Hankey and Barker Pacific, both of Los ...
Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, N.J. The Los Angeles investment manager bought the properties from Equity Residential of Chicago. ...
Commercial Real Estate Direct Staff Report EQT Exeter REIT has paid $51.5 million, or $677.57/sf, for a 76,007-square-foot industrial property in Torrance, Calif. The property is believed to be the Frito-Lay LA Mega Distribution Center at 1500 Francisco St., about ...
MGR Real Estate has paid $89 million, or $226.74/sf, for Orange City Square, a 392,523-square-foot office property in the Los Angeles suburb of Orange, Calif. The Ontario, Calif., property owner bought the property, at 750, 770, 790, and 840 The ...
Oaktree Capital Management has provided $125 million of mortgage financing against the 228-unit TenTen Campus apartment property in the Los Angeles suburb of Glendale, Calif. JLL Capital Markets arranged the loan on behalf of the property's owner and developer, Amidi ...
Morgan Stanley Real Estate Investing has paid $211 million for a recently completed industrial building near Los Angeles International Airport and a 19-acre industrial outdoor storage facility. The building is said to be the 143,060-square-foot DFX3 Amazon Delivery Station at ...
Commercial Property Executive Space Investment Partners has paid $64 million, or $518.63/sf, for Topanga Gateway, a 123,402-square-foot retail center in Woodland Hills, Calif., a city that's 24 miles northwest of Los Angeles. The Newport Beach, Calif., real estate investor acquired ...
Netflix Inc.'s agreement to buy Warner Bros. Discovery Inc. in a deal valued at $82.7 billion could upend not only the movie theater industry but the office and production studio business in the Los Angeles area.
Commercial Real Estate Direct Staff Report Morgan Stanley Investment Management's entry into the non-traded REIT sector, North Haven Net REIT, has paid $211.4 million, or $300.40/sf, for the 703,728-square-foot industrial property at 9785 Bellanca Ave. in Los Angeles. The investment ...
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