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Month: March 2022

Nike doubles down at Rockwood’s Water’s Edge campus in Playa Vista

Nike’s John Donahoe with 5533 Waters Edge Way (Getty, Mike Kelley) Nike has expanded its presence in Silicon Beach by filling up a 161,000-square-foot office building in Playa Vista. The global sportswear brand has now taken up the ...

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  • 30 Mar
  • The Real Deal
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Elbow room premium on LA rentals: $1,500 gets 454 sf

(iStock) Pay 1,500 a month on rent within the city limits of Los Angeles and you’ll get 454-square-foot of elbow room, on average. Drive east 25 miles or so to Covina, and that same $1,500 will score a 673-square-foot space. In ...

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  • 30 Mar
  • The Real Deal
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Robbie Williams buys Funny Girl’ estate in Holmby Hills

English pop singer Robbie Williams (RedFin) Robbie Williams has another exclusive Los Angeles address. The British pop star spent $49.5 million for 312 N. Faring Rd. in Los Angeles’ Holmby Hills district, according to the Wall Street ...

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  • 29 Mar
  • The Real Deal
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Whittier selects builder to redevelop eight lots for housing

Whittier (City of Whittier, iStock) The site of a former Alpha Beta supermarket in Whittier will be redeveloped as part of a $200-million mixed-use housing project, with hundreds of new condominiums and apartments. The City of Whittier ...

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  • 29 Mar
  • The Real Deal
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Oceanwide trims back to lone US project in LA

Oceanwide Plaza in Los Angeles and the island of Oahu (iStock, RTKL Architects inc.) Oceanwide has officially trimmed back to one development in the U.S. — its unfinished, 2 million-square-foot Oceanwide Plaza project in Downtown Los ...

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  • 29 Mar
  • The Real Deal
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Latest spec mansion touts views, looks for $88M in Beverly Hills

620 Arkell Dr., Beverly Hills (Compass) An 18,400-square-foot hilltop mansion with walls of glass has hit the market in Beverly Hills for $88 million. The newly completed eight-bedroom, 11-bath home at 620 Arkell Dr. in Trousdale ...

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  • 29 Mar
  • The Real Deal
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Co-working firm CTRL Collective files for bankruptcy

CTRL Collective CEO Charles “Duke” Runnels with 45 South Arroyo Parkway (LinkedIn, Loopnet, iStock) A co-working firm in Los Angeles has filed for bankruptcy after bringing its locations down to a standalone space in Pasadena. CTRL ...

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  • 29 Mar
  • The Real Deal
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Developers tout approvals for $1.6B Angels Landing

Victor MacFarlane and R. Donahue Peebles with renderings for Angels Landing at Fourth and Hill streets in Los Angeles (McFarlane Partners, Wikipedia, Handel Architects) Los Angeles city planners have approved Angels Landing, a ...

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  • 29 Mar
  • The Real Deal
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Planned LA Chargers HQ scores financing package

Rendering of the new LA Chargers HQ (Gensler) Continental Development and Mar Ventures have scored a touchdown, bagging a financing package for their proposed development of a new headquarters for the Los Angeles Chargers. CTL Capital ...

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  • 29 Mar
  • The Real Deal
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Oil company moves forward on 1,100-home project in north OC

Aera Energy’s Erik Bartsch and renderings of Brea 265 (Aera Energy, Brea 265) A 140-year-old oilfield outside of Brea might soon be redeveloped with more than 1,100 homes. Bakersfield-based Aera Energy, whose Brea 265 project has just ...

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  • 28 Mar
  • The Real Deal
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