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Month: July 2022

Century-old soda fountain in OC to shut its doors

President George W. Bush and Watson’s Soda Fountain & Cafe (Getty, Google Maps) Watson’s, a century-old soda fountain in the city of Orange once visited by President George W. Bush, will soon close its doors. Watson’s Soda ...

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  • 26 Jul
  • The Real Deal
  • Uncategorized
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Trousdale Estates mansion sells for $42M after price cuts

Compass’ Aaron Kirman with 1108 Wallace Ridge (Compass, Zillow) After a couple of price cuts, the mansion at 1108 Wallace Ridge in Beverly Hills’s Trousdale Estates enclave sold for $42 million, according to listing sites. The recent ...

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  • 26 Jul
  • The Real Deal
  • Uncategorized
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Bolour picks up Hollywood office building at discount for $14M

Bolour Associates ceo Mark Bolour with the building at 6432 Santa Monica Blvd. in Hollywood (LinkedIn, Loopnet, Illustration by Priyanka Modi for The Real Deal with Getty) A Beverly Hills investor has paid $13.7 million for a ...

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  • 26 Jul
  • The Real Deal
  • Uncategorized
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‘Yawn’ or ‘cold water’ on this week’s rate hike?

Eric Sussman, Kerry Ann Sullivan, Dana Potter and Eric Finnigan (Eric Sussman, Kerry Ann Sullivan, Dana Potter, John Burns Real Estate) Here’s a best-case scenario for Southern California’s residential real estate market as the Federal ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Forever 21 leases 164K sf for new HQ

Forever 21 CEO Winnie Park and the California Market Center, 110 East 9th Street (Forever 21, CMCDTLA) Apparel firm Forever 21 will soon move its headquarters from Lincoln Heights to Downtown Los Angeles. Sparc Group, the parent ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Hines pays $50M for 11-building complex in City of Industry

Jeffrey C. Hines with 16040 Kaplan Ave (Loopnet, Hines, Getty) Hines, which recently closed the biggest office transaction in Orange County this year, added to its extensive deal sheet by paying $50 million for an industrial complex in ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Eisenberg Foundation sells NoHo industrial park for $37M

Joyce Eisenberg Keefer of the The Ben B. and Joyce E. Eisenberg Foundation and an aerial of the Sherman Way Industrial Center (Getty, Google Maps) A charitable foundation has sold a 139,567-square-foot industrial park in North ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Group linked to Pepperdine University lists 7-acre lot in Malibu for $20M

3542 Coast View Drive (Zillow) A group linked to Pepperdine University has listed a 7-acre Malibu lot for sale with an asking price of $20 million, according to property records. Wave Enterprises listed 3542 Coast View Drive, located ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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Jamison breaks ground on 230-unit complex in Koreatown

Jamison Properties’ CEO Jaime Lee with 626-634 St. Andrews Place (LinkedIn, Jamison Properties) Jamison Services has broken ground on a 230-unit apartment complex in Koreatown. The developer, based in Koreatown, has begun building the ...

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  • 25 Jul
  • The Real Deal
  • Uncategorized
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LA County readies mask mandate for offices, retailers next week

BizFed’s Tracy Hernandez and the public health director for LA county Barbara Ferrer (Livecast Screenshot, BizFed, Getty) Los Angeles County may once again require masks worn inside offices, shops, restaurants, bars, manufacturing ...

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  • 22 Jul
  • The Real Deal
  • Uncategorized
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