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Month: October 2022

“Grand Theft Auto” creator pays $31M for unfinished home

Rockstar Games co-founder Dan Houser and 14914 Corona Del Mar, Los Angeles (The Agency, Getty) The co-creator of the “Grand Theft Auto” video game franchise has bought an unfinished bluffside mansion in Pacific Palisades for $31 ...

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  • 12 Oct
  • The Real Deal
  • Uncategorized
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WeWork to close Hollywood location

1601 Vine Street; J.H. Snyder’s Michael Wise and Lon Snyder; WeWork’s Sandeep Mathrani (Loopnet, Getty, J.H. Snyder) WeWork is saying goodbye to Hollywood. The company is shutting its only location in Hollywood at 1601 Vine Street by ...

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  • 12 Oct
  • The Real Deal
  • Uncategorized
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Industrial vacancy in Inland Empire loosens to 1.5%

(Illustration by The Real Deal with Getty) Has the day finally come when the industrial market starts to cool down? The industrial vacancy rate in the Inland Empire — encompassing Riverside and San Bernardino counties — ticked up for ...

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  • 12 Oct
  • The Real Deal
  • Uncategorized
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Villa Firenze in escrow, its asking price was almost $80M

Villa Firenze (Sotheby’s International Realty, Getty) After half a year on the market, one of the Los Angeles market’s priciest listings is under contract to sell. Villa Firenze is in escrow, confirmed listing agent Richard Klug of ...

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  • 12 Oct
  • The Real Deal
  • Uncategorized
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GLP pays $156M for Fullerton warehouse in OC’s top industrial deal this year

GLP Capital Partners’ Alan Yang with 458-486 E. Lambert Road (Loopnet, Getty, GLP Capital Partners) GLP Capital Partners paid $156 million for an industrial property partially leased by FedEx. Swiss Re Group, a Zurich-based insurer, ...

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  • 12 Oct
  • The Real Deal
  • Uncategorized
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Rusnak to swap Pasadena Volvo dealership for 150 apartments

Rusnak Auto Group’s Victoria Rusnak along with a rendering of 1099 and 2025 East Colorado Boulevard (Twitter/Victoria_Rusnak, DLR Group) The Rusnak Auto Group tells its Volvo buyers they are ”customers for life.” Now its Rusnak Volvo ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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“Highest availability ever reported” for LA office space

(Photo Illustration by The Real Deal with Getty Images) There has never been so much office space available in Los Angeles. About 25.4 percent of office square footage in L.A. was available for lease in the third quarter — up 30 basis ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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Vacant lot in neighborhood of mansions lists for $24M

Hilton & Hyland’s David Kramer, Vista 4 LLC’s Todd De Mann and 74 S. Beverly Park in Beverly Hills (Zillow, David Kramer Group) A month after an undeveloped piece of land sold for $28 million in Beverly Hills, an empty, flat piece ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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Another big apartment complex planned for Van Nuys

The Van Nuys apartment building at 7115-31 Van Nuys Boulevard in Van Nuys (City of LA Planning, Getty) A development team wants to build a major apartment complex in the San Fernando Valley neighborhood of Van Nuys, an area that’s ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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Adam Sandler buys Pacific Palisades ranch house

Adam Sandler with 15415 Albright Street (Getty, Compass) Filmmaker and funnyman Adam Sandler has added to his real estate holdings by paying $4.1 million for a midcentury rambler in Pacific Palisades. Sandler bought the ...

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  • 11 Oct
  • The Real Deal
  • Uncategorized
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