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Month: August 2022

Business corridor named Little Arabia in Anaheim

Anaheim councilman Jose Moreno (City of Anaheim) A boulevard in Anaheim known for its Middle Eastern lamb, falafel and saffron rice has now been officially designated Little Arabia. The Anaheim City Council gave Brookhurst Street ...

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  • 26 Aug
  • The Real Deal
  • Uncategorized
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Bridge Industrial plans big warehouse in NoHo

Bridge Industrial CEO Steve Poulous and 6950 North Tujunga (Bridge Industrial, Google Maps) Bridge Industrial is looking to expand its push into Southern California with a new facility in North Hollywood. The Chicago-based firm, among ...

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  • 26 Aug
  • The Real Deal
  • Uncategorized
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Guess co-founder lists Trousdale Estates home for $28M

Guess’s Maurice Marciano and 1095 N. Hillcrest Road, Beverly Hills (Zillow, Getty Images) Guess clothing co-founder Maurice Marciano has listed an 11,000-square-foot mansion in Trousdale Estates for $27.5 million. The apparel mogul put ...

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  • 26 Aug
  • The Real Deal
  • Uncategorized
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Cityview eyes 441-unit complex in Westchester

Cityview’s Sean Burton and Adam Perry with rendering of 6136 West Manchester Avenue (Cityview, AC Martin) A local developer aims to build a mixed-use, 441-unit apartment complex in Westchester. Cityview, a multifamily developer based ...

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  • 25 Aug
  • The Real Deal
  • Uncategorized
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LA metro to deliver fewest apartments in 5 years: report

(Getty) Across the country apartment construction is booming, according to a report published on Tuesday by the website RentCafe. But not in L.A. Nationally, more than 400,000 new apartments are expected to be delivered this year, the ...

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  • 25 Aug
  • The Real Deal
  • Uncategorized
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Westfield Santa Anita mall sells for $538M

Westfield Santa Anita and Unibail Rodamco Westfield CEO Jean-Marie Tritant (Unibail Rodamco Westfield) Unibail-Rodamco-Westfield has sold another mall in L.A., as it continues with a plan to divest its non-core properties in the U.S. ...

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  • 25 Aug
  • The Real Deal
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PS Business Parks buy gives Blackstone portfolio in Signal Hill

Blackstone Group’s Stephen A. Schwarzman (Getty, Mike Greene/CC BY-SA 2.0/via Wikimedia Commons) The Blackstone acquisition of PS Business Parks for $7.6 billion has revealed another two dozen acquisitions in Signal Hill. Blackstone ...

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  • 25 Aug
  • The Real Deal
  • Uncategorized
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Sotheby’s International Realty closes two L.A. market offices

A photo illustration of 9255 West Sunset Boulevard (LoopNet, Getty Images) Sotheby’s International Realty is bidding farewell to its Sunset Strip office and its Encino office, The Real Deal has learned. A representative of the ...

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  • 25 Aug
  • The Real Deal
  • Uncategorized
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Jonathan Azal plans more apartments in Van Nuys

A photo illustration of 14519 West Sylvan Street in Van Nuys (Google Maps, Getty Images) A San Fernando Valley-based developer has turned his sights on Van Nuys for his newest housing plans. Jonathan Azal, along with his brother and ...

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  • 25 Aug
  • The Real Deal
  • Uncategorized
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Reform of historic property taxes could impact brokers

Bill Cooper, Matthew Berkley, and clock tower for Eastern Columbia Lofts (Bill Cooper, Matthew Berkley, Andrew Asch of The Real Deal) Proposed changes to tax breaks for historic homes could impact residential brokers in Los Angeles. ...

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  • 24 Aug
  • The Real Deal
  • Uncategorized
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