LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.
LOS ANGELES-A 116-unit multifamily complex has been sold in North Hollywood for $5.3 million, as apartments continue to be the top choice for many Southland investors.
LOS ANGELES-Opus West Corp. starts construction of 126,000-sf complex in the South Bay community of El Segundo, where vacancies continue to plunge and rents keep rising.
ORANGE COUNTY, CA-A company that refurbishes and resells computers and related equipment has purchased a 70,072-sf warehouse and distribution complex. The deal reflects strong property demand from small and mid-sized space users.