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Submarket Snapshot: Financial District
Vacancy rates Downtown in the fourth quarter (credit: Colliers International) Downtown L.A.’s Financial District saw 16.8 percent total vacancy in the fourth quarter, down from 17.5 percent in the...
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Current reader favorites: 1. A look inside the Calabasas estates of Khloé and Kourtney Kardashian 2. Facebook signs lease for 35K sf in Playa Vista 3. Jeff Hyland on LA’s “bogus” celebrity culture and...
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Hilton & Hyland to open new office on prime Beverly Hills strip
A rendering of the N. Canon Drive space Hilton & Hyland is planning to relocate from its current Beverly Hills location at 250 North Canon Drive to a brand new building under construction across...
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Jackie Collins’ Beverly Hills mansion to ask $30M
The late Jackie Collins and her Beverly Hills home The Beverly Hills home of late romance writer Jackie Collins is slated to hit the market for $30 million. The property, an eight-bedroom mansion...
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Universe Holdings is betting on Inglewood and the Rams
Henry Manoucheri of Universe Holdings and renderings of the Inglewood stadium Inglewood, which is “always up to no good,” according to Tupac, has not historically been a magnet for multifamily...
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Kilroy’s Columbia Square residences to ask up to $22,500 a month
A look at the new Columbia Square homes The residential component of Kilroy Realty Corp.’s massive Columbia Square redevelopment in Hollywood is slated to begin leasing this month, with rents ranging...
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The Wrap: Views of $700M DTLA development, Tony Shalhoub lists LA home…and more
Renderings of Shenzhen Hazens Real Estate Group’s proposed $700 million mixed-use complex Downtown 1. New Views of $700 million DTLA development [ULA] 2. Tony Shalhoub and Brooke Adams list Los Angeles...
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Submarket Snapshot: Playa Vista
The Campus at Playa Vista office complex The Playa Vista office submarket ended the fourth quarter of 2015 with an availability rate of 33.6 percent, according to a report by Savills Studley. The...
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Current reader favorites: 1. Stockdale buys medical building in DTLA for more than $50M 2. A look inside the Calabasas estates of Khloé and Kourtney Kardashian 3. Facebook signs lease for 35K sf in...
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Digital Domain renews 51K sf Playa Vista lease
Digital Domain CEO Daniel Seah Digital Domain, a visual effects and digital production company that’s been based in Playa Vista since 2007, has renewed its lease for the entire building at 12641...
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Invesco buys Runway Playa Vista for $475M
Runway Playa Vista, during final construction phases Invesco Real Estate, an arm of Atlanta-based investment manager Invesco, aims to take over Playa Vista, or so it seems. The firm bought the planned...
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Fed may revise outlook on multiple interest rate hikes
Janet Yellen From the New York website: Federal Reserve chair Janet Yellen said that while the U.S. central bank still plans to gradually raise interest rates over the course of this year, global...
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Lutnick bullish on US real estate, says NGKF outpacing rivals
Howard Lutnick From the New York site: BGC Partners chair and CEO Howard Lutnick said the U.S. economy’s current “low interest rate environment is good for real estate,” and added that Newmark Grubb...
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Lakers owner Jim Buss lists Downtown LA pad for $8.8M
Jim Buss and his Downtown LA apartment Lakers co-owner Jim Buss wants $8.8 million for his penthouse at the Ritz-Carlton Residences at L.A. Live. The sports mogul, who is the son of late Lakers owner...
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The Wrap: A peek at WeHo branch of London’s Arts Club, Joel Silver lists...
Renderings of the Arts Club proposed in West Hollywood (credit: Gensler) 1. WeHo gets a peek at the proposed West Coast branch of London’s Arts Club [Wehoville] 2. Joel Silver pocket-lists Malibu Beach...
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Stockdale buys third L.A. medical building for $50.3M
The medical building at 9090 Wilshire Boulevard Stockdale Capital Partners now owns three medical buildings in Los Angeles County, The Real Deal has learned. It bought 9090 Wilshire Boulevard, a...
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Submarket Snapshot: Glendale
Glendale had the highest net absorption out of the Tri-Cities in Q4 (credit: Colliers International) The 47 buildings that make up Glendale’s 6.6 million-square-foot office submarket saw 12.9 percent...
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Current reader favorites: 1. Universe Holdings is betting on Inglewood and the Rams 2. Facebook signs lease for 35K sf in Playa Vista 3. Hilton & Hyland to open new office on prime Beverly Hills...
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Tishman Speyer to buy CNN Building in Hollywood for more than $127M
The CNN Building in Hollywood and Rob Speyer, CEO of Tishman Speyer New York-based Tishman Speyer is in contract to buy the CNN Building in Hollywood for more than $127 million in a sale expected to...
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Summer Redstone’s Beverly Park mansion won’t go to his ex
Summer Redstone Ailing media mogul Summer Redstone will no longer bequeath his eight-bedroom Beverly Park mansion to his girlfriend Manuela Herzer after dismissing her from his life and amending his...
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