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Month: February 2023

Griffin Living sells Simi Valley shopping center for $22M

Griffin Living’s Paul Griffin III and Griffin Plaza at 3885-3977 Cochran Street in Simi Valley (Google Maps, Griffin Living) Griffin Living has sold a 182,000-square-foot mixed-use shopping center in Simi Valley for $22.1 million. The ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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Layoffs hit The Agency

A photo illustration of The Agency’s Rainy Austin and Mauricio Umansky (Getty, The Agency) The Agency is the latest residential brokerage resorting to layoffs. The California-based firm confirmed to The Real Deal it had let go of 15 ...

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  • 04 Feb
  • The Real Deal
  • Uncategorized
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Simon seeks to redevelop former Sears site at Brea Mall

Simon Property Group’s David Simon, Brea Mall at 1065 Brea Mall (Getty, Google Maps, Simon Property Group) Simon Property Group aims to replace a former Sears complex at the Brea Mall with a 380-unit urban-retail village. The ...

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  • 03 Feb
  • The Real Deal
  • Uncategorized
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Mansion tax anxiety? Luxe home listings surge in January

Douglas Elliman’s Stephen Kotler and Hilton & Hyland’s Stuart Vetterick (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Douglas Elliman, Hilton & Hyland) In a market sector that is anxious over L.A.’s ...

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  • 03 Feb
  • The Real Deal
  • Uncategorized
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TV host James Corden lists Brentwood estate for $22M

A photo illustration of Late night TV host James Corden and 300 North Cliffwood Avenue (Getty, Google Maps) Late night TV host James Corden, now packing his bags for a return to the United Kingdom, has listed his Brentwood estate for ...

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  • 03 Feb
  • The Real Deal
  • Uncategorized
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CIM to build offices on West Hollywood cement plant site

CBRE’s Stew Weston with rendering of 1011 North Sycamore Avenue (CBRE, RDC Collaborative, Getty) CIM Group plans to convert an old cement plant in West Hollywood into a seven-story office building. According to documents filed with the ...

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  • 03 Feb
  • The Real Deal
  • Uncategorized
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Bed Bath & Beyond to close seven more stores across SoCal

Bed, Bath & Beyond’s Sue Gove with 14351 Hindry Avenue (Bed, Bath & Beyond, LoopNet, Getty) A beleaguered Bed Bath & Beyond is throwing seven Southern California stores out with the bathwater. The New Jersey-based home ...

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  • 03 Feb
  • The Real Deal
  • Uncategorized
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Brookfield spends $330M on IE warehouse leased to fast fashion’s Shein

Brookfield Properties’ Brian Kingston, Shopoff Realty Investments’ Bill Shopoff, Artemis Real Estate Partners’ Deborah Harmon; 36500 Cherry Valley Blvd (Google Maps, Getty, Brookfield Properties, Shopoff Realty Investments, Artemis ...

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  • 01 Feb
  • The Real Deal
  • Uncategorized
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Mansion tax deadline looms, putting LA residential agents in tough spot

From left: Stephen Shapiro and Jason Oppenheim (Oppenheim Group, WEA Homes, Getty) The clock is ticking for Measure ULA taxes on the sale of luxury homes to take effect in the city of Los Angeles — and it puts agents in a tough spot. ...

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  • 01 Feb
  • The Real Deal
  • Uncategorized
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Skid Row Housing Trust pursues first project in South LA

Skid Row Housing Trust Joanne Cordero and renderings of 800 W. 85th Street, Los Angeles (Gensler, Skid Row Housing Trust) Skid Row Housing Trust seeks to build a 90-unit complex for formerly homeless residents in South Los Angeles. The ...

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  • 01 Feb
  • The Real Deal
  • Uncategorized
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