LOS ANGELES-Lee & Associates has named Joseph Chavez as president of its Investment Services Group. The new president is a multifamily specialist for the Inland Empire/San Gabriel Valley.
LOS ANGELES-The Sky Zone Trampoline Park just leased a 39,000-square-foot space in the San Fernando Valley, it's biggest yet. Rapidly expanding attraction now has over 60 sites in 15 states.
SANTA MONICA, CA-Development of a new ocean-view condominium project here will likely move forward thanks to a $42.1-million bridge loan that encumbers three properties.
LOS ANGELES-A $260-million mixed-use project officially breaks ground this week. The project will develop one of the last huge undeveloped land plots in Los Angeles.
LOS ANGELES-A new law kicking in July 1 will require landlords and tenants to take a closer look at their commercial lease agreements in order to leverage new protections against disability access lawsuits.
LOS ANGELES-Koreatown is rapidly gentrifying. The ethnic enclave condo market is hot and an influx of new people attracted by affordable rents should further boost the lively street scene.
LOS ANGELES-An analysis by Jones Lang LaSalle of Port of Los Angeles imports shows a huge spike. Historically, such jumps portend good things for the region's warehouse market.
LOS ANGELES-The multifamily market in L.A. is coming back, but not at the pace of other western cities, says CBRE. However, look for the pace to pick up in 2013's second half.
BEVERLY HILLS, CA-Such high-end clothing retailers as Theory and Alice + Olivia have recently opened in Beverly Hills, joining Scoop NYC, Intermix and AllSaints. It's helping this famed shopping area recover from some tough years.