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Author: The Real Deal

“Gross”: Tracy Tutor hits back at Leonard Steinberg on reality TV

Tracy Tutor has entered the ring in the public match over the intersection of real estate and reality television.  Last week, Compass’ Leonard Steinberg and Eleonora Srugo, a luxury broker at Douglas Elliman and star of Netflix’s ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Landlords ink two industrial leases for combined 200K sf in South LA, Harbor City

Two industrial landlords have sealed two leases for a combined 204,000 square feet in South Los Angeles and Harbor City in a growth market. Newport Beach-based Hager Pacific Properties closed a 108,000-square-foot distribution ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Hilton Universal City developer drops 18-story expansion plan after City Council approves wage hike

Sun Hill Properties is putting the kibosh on the planned 18-story expansion of the Hilton Los Angeles/Universal City complex in the face of rising hospitality wages.  The Studio City-based hotel developer pulled out after the Los ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Caltech plans 94K sf state-of-the-art lab in Pasadena

Pasadena could see a new 94,000-square-foot lab building spring up near the California Institute of Technology.  Trammell Crow Company submitted plans to erect a new academic facility for Caltech at 1364 East Green Street on land owned ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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Newport Coast manse trades for $42M in OC’s priciest deal this year

An estate in Newport Coast’s tony Pelican Crest neighborhood was in the midst of massive construction when it sold this week for $42 million in what is Orange County’s priciest deal so far this year. The property at 1 Pelican Crest ...

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  • 16 May
  • The Real Deal
  • Uncategorized
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USC saves view of LA Coliseum sign after clash with developer, city

The University of Southern California and developer Hamid Razipour have settled a years-long battle over a five-story development that would have obstructed the iconic L.A. Memorial Coliseum sign. The school bought the triangular ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Tesla re-ups lease of 82K sf Santa Monica service center

Elon Musk’s Tesla is doubling down on its 82,000-square-foot service center in Santa Monica.   The Austin-based electric vehicle carmaker renewed its lease for the two-story industrial building at 1100 Colorado Avenue, L.A. Business ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Hotel designer asks $99K per month for Santa Monica beach pad

Kirk Lazarus, the designer behind ultra-luxe homes and resorts, is renting his Santa Monica home in what’s now one of the city’s priciest rental listings.   Lazarus, who is CEO and founder of Molori Design, is known for his high-end ...

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  • 15 May
  • The Real Deal
  • Uncategorized
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Feds to sell landmark Spring Street Courthouse in DTLA

Uncle Sam wants to unload a landmark federal courthouse in Downtown Los Angeles in what appears to be a fire sale. The U.S. General Services Administration has listed the 17-story, 751,800-square-foot Spring Street Courthouse for ...

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  • 14 May
  • The Real Deal
  • Uncategorized
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Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood

Billionaire Stan Kroenke wants to build a state-of-the-art film and TV studio at Hollywood Park in Inglewood, just in time for the upcoming Olympics. The owner of the Los Angeles Rams and SoFi Stadium has filed plans to build Hollywood ...

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  • 14 May
  • The Real Deal
  • Uncategorized
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