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Industrious expands into LA’s Westwood and Santa Monica

Industrious is expanding its coworking offices around Los Angeles with new locations in Westwood and Santa Monica. The New York-based coworking firm led by Jamie Hodari and Justin Stewart has opened a 20,800-square-foot office at 1100 ...

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  • 17 Apr
  • The Real Deal
  • Uncategorized
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WeWork keeps North Hollywood location, sees LA as “key market”

WeWork, the embattled New York-based coworking firm, said on Monday it filed a motion to keep its leases at two Los Angeles locations.  The company included both as a part of the five lease assumptions it disclosed on April 15 as part ...

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  • 17 Apr
  • The Real Deal
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“Million-dollar cities” in California now include working-class towns

Million-dollar listings were once confined to such cities as Beverly Hills, Palos Verdes Estates and Newport Beach. The Million Dollar Club now includes working-class bergs from San Gabriel to Tustin. As home values rise across the ...

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  • 17 Apr
  • The Real Deal
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Lincoln Property defaults on Newport Beach office loan

When Lincoln Property Company bought 1500 Quail Street in Newport Beach in 2018, the company lauded the office building as a “trophy asset,” a “rare opportunity” and a property with “very stable cash flow.”  Circumstances have ...

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  • 17 Apr
  • The Real Deal
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Amazon.com leases two 1M sf warehouses in the Inland Empire

Amazon.com has inked deals for two distribution warehouses of 1 million square feet each in the Inland Empire, where vacancy has ticked up in the top industrial market in the nation. The Seattle-based e-commerce giant last quarter ...

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  • 16 Apr
  • The Real Deal
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HED: Supreme Court rules builders can challenge California impact fees

The U.S. Supreme Court has ruled that California developers and home builders may challenge impact fees imposed by cities and counties for roads, bridges and more. The justices said the fees may be unconstitutional if builders and ...

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  • 15 Apr
  • The Real Deal
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Jamison clears hurdle for 23-story apartment towers in LA’s Koreatown

Jamison Services has moved ahead with plans to build two 23-story apartment buildings in Koreatown. The Koreatown-based developer led by Jaime Lee won approval from the Los Angeles Planning Commission to construct the dual highrises ...

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  • 15 Apr
  • The Real Deal
  • Uncategorized
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Norwalk hatches plan to revamp downtown with 3,000 homes

Norwalk wants to create a bustling downtown, with thousands of new homes, shops, restaurants and more. The Gateway City has hatched a Heart of Norwalk plan to revamp its historic downtown through new zoning to spur the construction of ...

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  • 15 Apr
  • The Real Deal
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Growing inventory fuels Southern California home and condo sales

Sales of single-family homes and condo units have risen each month since the start of the year in Orange County and San Diego, catching up with the Los Angeles County trend that kicked off last November, according to a new Douglas ...

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  • 15 Apr
  • The Real Deal
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Decron sells Ventura County multifamily to AEW for $133M

Decron Properties has sold an apartment complex in the Ventura County city of Moorpark for $133 million, as it continues offloading some of its Greater Los Angeles assets.  AEW Capital Management bought the 376-unit complex, named ...

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  • 13 Apr
  • The Real Deal
  • Uncategorized
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