LOS ANGELES-The local newspaper has renewed its lease for 11,814 sf of office space in West Los Angeles, as experts predict a decrease in LA's office vacancy rate.
LOS ANGELES-The complex, which encompasses 45,548 sf, is located in Arcadia. Rents and prices in the San Gabriel Valley have remained fairly steady in recent months, even as other submarkets have weakened.
HUNTINGTON BEACH, CA-The seller, who originally paid $7.2 million for the 200-unit complex, has sold the property for $10.4 million. The Inland Empire has been named one of the top 10 tightest multifamily markets in the nation.
LOS ANGELES-The investor has purchased a 78-unit apartment complex in Alhambra from Jade Gardens LLC. Investors continue to favor multifamily, as the county's increasing population and lack of buildable land has caused occupancy levels to skyrocket.
LOS ANGELES-As LA's apartment market continues to sizzle, the Inland Empire is starting to heat up. It is now one of the top 10 tightest multifamily markets in the nation.
SANTA ANA, CA-The Santa Ana-based company has recently received approval by Korea's Financial Supervisory Commission to set up a branch there. First American is one of the nation's leading providers of business information and related products and services.
LOS ANGELES-An affiliate of Hager Pacific Properties has purchased a 76,000-sf manufacturing building from Avery Dennison Corp., the Fortune 500 label manufacturer.
LOS ANGELES-As LA's apartment market continues to sizzle, the Inland Empire is starting to heat up. It is now one of the top 10 tightest multifamily markets in the nation.
ORANGE, CA-The buyer, Brookhollow Industrial Properties, has paid $6.3 million for the 155,000 sf facility. The property is 100% leased, with tenants including Orange Engineering & Machine, Go Rhino Products and CAPCO.
ORANGE, CA-The buyer, Matrix Service Co., intends to build a regional office and distribution facility on the 5.6-acre site. The distribution facility will be used for the company's aboveground storage tank services unit. Matrix provides maintenance, construction services and products to the petroleum industry.