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Month: March 2022

Gemdale buys into Agoura Hills office complex

From left: Harbor Associates co-founders Justin Loiacono, Joon Choi and Paul Miszkowicz; Gemdale USA co-president Michael Daly (Harbor Associates, Gemdale USA, iStock) Gemdale, one of China’s largest real estate developers, has bought ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Niami cancels tour of The One

Nile Niami and The One (Getty) Spec developer Nile Niami has canceled a tour of The One megamansion for would-be investors and the media, the latest turn in a roller-coaster ride through bankruptcy and last ditch effort to stop an ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Office to industrial trend likely to be “minimal”: Prologis

(iStock) As demand for suburban office space has dwindled over the past two years, some industrial developers and investors have touted conversions to industrial space. That doesn’t necessarily make it a major trend, according to ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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Relevant moves ahead on plan for Morrison Hotel makeover in DTLA

American rock band The Doors in front of a rendering of the Morrison Hotel project at 1246 S. Hope St., Los Angeles (SHoP Architects, APA-Agency for the Performing Arts-management, Public domain, via Wikimedia Commons) The rundown ...

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  • 16 Mar
  • The Real Deal
  • Uncategorized
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OC tech exec lists Newport Coast manse for $27M

Raouf Halim, CEO, Spectra7 Microsystems, in front of 7 Pelican Vista Dr., Newport Coast (Compass, Spectra7 Microsystems) Orange County tech exec Raouf Halim has listed his 11,600-square-foot home in Newport Coast for $27 million. The ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Trevor Noah finds buyer in Bel Air

Trevor Noah with 833 Stradella Road (Getty, Zillow, Illustration by Shea Monahan for the Real Deal) There must be a punchline in here somewhere. Nearly six months after listing a Bel Air mansion in an apparent attempt at a quick flip, ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Law firms take more space at Silverstein’s US Bank Tower

Henry Nassau, Paul Derby, Paul Skiermont, and Larry Silverstein (Dechert LLP, Skiermont Derby LLP, Silverstein Properties, Google Maps) Two law firms have taken up more space at Silverstein Properties’ U.S. Bank Tower in Downtown Los ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Coastal Commission approves Miramar redevelopment in Santa Monica

Renderings of Miramar Santa Monica at 101 Wilshire Blvd. in Santa Monica (Miramar Santa Monica) The California Coastal Commission has signed off on a revised plan to redevelop the century-old Fairmont Miramar Hotel in Santa Monica. The ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Staley Point, Bain add to OC industrial portfolio

5530 Beach Blvd and 5609 River Way in Buena Park with Staley Point Capitals Kevin Staley and Bain Capitals Andrew Terris (Bain Capital, Staley Point Capital, Google Maps) Staley Point and Bain Capital have expanded their industrial ...

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  • 15 Mar
  • The Real Deal
  • Uncategorized
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Undeveloped plot in Beverly Park lists for $10M per acre

57 North Beverly Park (Google Maps) An 2.9-acre undeveloped plot of land in Beverly Park — among the country’s most exclusive neighborhoods — is on the market for $29.5 million. The price of just over $10 million per acre is more than ...

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  • 15 Mar
  • The Real Deal
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