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Month: September 2024

Thrive Living starts building first US Costco with apartments on top

Thrive Living has broken ground in Baldwin Hills on the first Costco Wholesale store in the nation to be covered by apartments. Thrive, a Los Angeles-based unit of Magnum Real Estate Group of New York, began building the six-story ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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Harridge plans 290 for-sale homes at Baldwin Hills Crenshaw Plaza

Harridge Development Group aims to add nearly 300 homes to its Baldwin Hills Crenshaw Plaza in Baldwin Hills. The Century City-based developer led by David Schwartzman has filed plans to build 290 duplexes and single-family homes on ...

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  • 30 Sep
  • The Real Deal
  • Uncategorized
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George Clooney moves out of Studio City home with $14.5M check

George Clooney is handing over the keys to his Studio City home after selling it for $14.5 million on Friday. The home at 3240 Iredell Lane is located in Studio City’s Fryman Canyon area, a woody neighborhood flush with exclusivity and ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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GPI Companies pays nearly $93M for Lofts at NoHo Commons

GPI Companies paid $92.5 million for the 292-unit Lofts at NoHo Commons, further bolstering the real estate investment firm’s presence in the L.A. market. The purchase price, confirmed by an industry source, pencils out to nearly ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Movie producer apologizes for graffiti-covered mansions in Hollywood Hills

It took a barrage of news about his graffiti-slathered mansions to compel producer John Powers Middleton to pipe up about their slow demise in the Hollywood Hills . The son of the billionaire owner of the Philadelphia Phillies issued a ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Judge orders halt to Howard Industrial’s warehouse project in the IE

A judge has ordered Howard Industrial Partners to halt work on a 213-acre warehouse project in Bloomington after the developer demolished more than 100 homes. Superior Court Judge Donald Alvarez told the Orange-based developer to put a ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Ardie Tavangarian lists furnished Bel-Air mansion for $177M

It’s not far to the lav at the 24-bathroom mansion unveiled by Ardie Tavangarian above Bel-Air Country Club. The cost for the convenience: $177 million. The Los Angeles-based developer has listed the furnished, 35,000-square-foot ...

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  • 27 Sep
  • The Real Deal
  • Uncategorized
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Pritzker divorce could result in sale of their Beverly Crest estate

A bitter divorce between billionaire Tony Pritzker and his wife, Jeanne, may result in the sale of their 50,000-square-foot hilltop estate in Beverly Crest for as much as $200 million. The 3-acre compound built by the Hyatt hotel heir ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Aerospacelab selects Torrance for satellite factory and HQ

Aerospacelab has leased a 34,700-square-foot industrial building in Torrance for its U.S. headquarters and first U.S.-based manufacturing plant. The Belgian-based satellite-maker inked a deal for the three-story office and ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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Fashion label L’Agence takes 21K sf at Jamison’s Harbor Building

Count fashion label L’Agence as the latest creative to join the Harbor Building’s tenant roster. The Los Angeles-based women’s apparel company inked a 21,000-square-foot, 78-month office lease at 4201 Wilshire Boulevard. The fashion ...

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  • 26 Sep
  • The Real Deal
  • Uncategorized
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