LOS ANGELES-Experts saythat the decision by home-improvement giant HomeBase Inc. to close 22 of its stores and convert 62 others is a warning sign for retail-property investors that the economy may be slowing down.
LOS ANGELES-In the first major casualty of the nation's fierce home-improvement wars, Southern California-based retailer succumbs to pressure from rivals Home Depot and Lowe's.
LOS ANGELES-California's highest court rules that homeowners cannot sue developers for negligence unless a home's defects causes real injury or financial loss. The decision could prompt more construction of condos and townhomes.
LOS ANGELES-In exclusive interview with GlobeSt.com, a top JMB Realty marketing executive says his company will begin construction by March on the first high-rise to be built in the red-hot Century City market in more than a decade.
LOS ANGELES-MGM's record-shattering lease for nearly $500 million in a new Century City high-rise reflects a strong landlord's market that won't disappear soon, experts tell GlobeSt.com.
LOS ANGELES-Transit officials approve $20.8-million contract for engineering work on proposed six-mile line. Losing bidders cry foul, noting the same engineering firm is also handling the projects EIR.
LOS ANGELES-A special team created by Mayor Riordan is finishing details of a program that would prompt CBD office-building owners to commit more space to retail tenants. The move would help create a vibrant atmosphere in the city's much-maligned Downtown area.