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Lionext signs lease worth $22M for Santa Fe Springs warehouse

Lionext, a third-party logistics provider, has signed a 10-year lease for a 106,000-square-foot distribution center at 11650 Burke Street in Santa Fe Springs. The lease, with a total value of more than $22 million, covers a Class A ...

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  • 25 Apr
  • The Real Deal
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Agents like to talk up luxe condo living. Is LA ready for it?

The Four Seasons Private Residences in Beverly Grove offers residents an IMAX theater for private screenings, 24-hour concierge, security and, of course, life in a property bearing one of the most storied brands in hospitality. As The ...

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  • 25 Apr
  • The Real Deal
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Celebrity agent Carl Gambino eyes growth after over $400M year

Singer-songwriter Patti Smith offered a view into New York City’s always-evolving world of real estate when celebrity agent Carl Gambino was growing up. “I would sit on her [townhome’s] stoop, and she would sometimes talk about real ...

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  • 25 Apr
  • The Real Deal
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Onni reconfigures LA’s Arts District project for apartments

Onni Group is moving forward with a residential-focused mixed-use development in the Arts District on the edge of Downtown Los Angeles.  The Vancouver-based developer submitted a new application to the City of Los Angeles, according to ...

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  • 24 Apr
  • The Real Deal
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CPP buys Westlake workforce housing for $48M with eye on upgrades

Community Preservation Partners has acquired the Witmer Manor workforce housing complex in Los Angeles for $48.4 million. The complex at 1501 Miramar Street in the Westlake neighborhood consists of 142 studios and 96 one-bedroom units, ...

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  • 24 Apr
  • The Real Deal
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Commercial brokerage maps air taxi strategy for LA market

Commercial Brokers International is spearheading a venture to put air taxis in Southern California in time for the 2028 Summer Olympics. The Los Angeles-based brokerage has partnered with U.K.-based Skyports to identify eight local ...

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  • 24 Apr
  • The Real Deal
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Retired judge joins lawsuit against LA utility after losing Palisades home

A retired federal judge who oversaw a $1 billion settlement for some of the state’s largest wildfires has joined a lawsuit against the nation’s largest public utility providing water and power after losing his home in the Pacific ...

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  • 23 Apr
  • The Real Deal
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California lawmakers seek end to CEQA’s reign

A specter is haunting California — the specter of CEQA. The 1970 statute known as the California Environmental Quality Act could get a major reform if lawmakers in Sacramento pass a bill exempting urban housing development from onerous ...

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  • 23 Apr
  • The Real Deal
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Trousdale Estates mid-century modern property with $26M ask tops LA contracts

Last week offered a bright spot in Los Angeles County deal activity as asking dollar volume ticked up among homes that went into contract. That’s after three straight weeks of declines in asking dollar volume among single-family and ...

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  • 23 Apr
  • The Real Deal
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Jacmar Companies eyes Art Deco-style apartment tower in Santa Monica

The Jacmar Companies wants to build a 13-story, Art Deco-style apartment tower in Santa Monica. The Alhambra-based family office led by John Tilley has filed plans to build the 100-unit high-rise at 1427 Lincoln Boulevard, Urbanize Los ...

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  • 23 Apr
  • The Real Deal
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