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Manhattan Beach
CommercialFinanceIndustry NewsLeasingLos Angeles

$240MM Defaulted Loan on 22-Acre Manhattan Beach Studios Hits Market as Foreclosure Looms in South Bay

The $240 million loan secured by Manhattan Beach Studios is up for sale just weeks after the lender filed to foreclose on the...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Larchmont Charter School Taps $25MM Bond to Acquire 59,000 SQFT Hollywood Campus for $20.5MM

Nonprofit buyer’s exemption from Los Angeles’ transfer tax shaved more than $1 million off the deal as Bolour Associates continues paring back its...

tobias-wilden-4453DIQWtsQ-unsplash-apartment
FinanceIndustry NewsLos AngelesResidential

Beach Front Property Management Acquires 81-Unit Gardena Apartment Complex for $13.55MM

Purchase price reflects 6.5 percent discount from September listing as South Bay multifamily market adjusts to shifting investor expectations A multifamily transaction in...

tobias-wilden-4453DIQWtsQ-unsplash-apartment
FinanceIndustry NewsLos AngelesResidential

81-Unit Gardena Multifamily Property Hits Market at $14.49MM

Marine Bay Apartments offers value-add opportunity in South Bay submarket More multifamily investment activity could soon be recorded in Los Angeles County’s South...

Redondo Beach buildings aerial
FinanceIndustry NewsLos AngelesRetail

Kennedy Wilson Lists 29.6-Acre South Bay Galleria Redevelopment Site in Redondo Beach

A 1,272,003-square-foot regional mall known as South Bay Galleria, located at 1815 Hawthorne Boulevard in Redondo Beach, has been listed for sale. The...

Downtown Los Angeles Arts District
AECIndustry NewsLos AngelesResidential

Jamison Moves Ahead with 495-Unit Koreatown Office Tower Conversion to Apartments

Los Angeles County permits show adaptive reuse project at 3550 Wilshire Boulevard received construction approval after a three-year review process A significant adaptive...

warehouse interior with forklift
FinanceIndustrialIndustry NewsInland Empire

LBA Logistics Spends $90.4MM on Industrial Facility in California’s Inland Empire

Cushman & Wakefield team brokers significant logistics transaction in Jurupa Valley amid market recovery LBA Logistics has acquired a substantial industrial property in...

Downtown Hermosa Beach, California
CommercialFinanceIndustry NewsLos AngelesNews ReleasesRetail

BOLOUR Sells Hermosa Beach Beachfront Mixed-Use Assemblage for $33.5MM

Culminates strategic acquisition, renovation and lease-up strategy for generational investment Hermosa Beach, Calif. – (February 26, 2025) — Privately-owned real estate investment, development and...

declan-sun-UoQTc45pyoA-unsplash-office
CommercialFinanceIndustry NewsLos Angeles

45,000 SQFT Office Building in Gardena Hits the Market for $15.25MM

A 45,283-square-foot office building at 18726 S Western Avenue in Gardena has been listed for sale at $15.25 million, or approximately $337 per...

Downtown Hermosa Beach, California
FinanceIndustry NewsLos AngelesRetail

15,000 SQFT Hermosa Courtyard Retail Property in Hermosa Beach Listed for $12.5MM

The Hermosa Courtyard, a commercial property located at 1332 Hermosa Ave in Hermosa Beach, CA, has been listed for sale at $12.5 million,...

Grocery store, shopping
FinanceIndustry NewsLos AngelesNews ReleasesRetail

Chartwell Real Estate Development Buys 49,911 SQFT Hermosa Beach Shopping Center for $27.8MM

ORANGE COUNTY, Oct. 1, 2024 –  JLL Capital Markets announced today the $27.8 million sale of Park Pacific Shopping Center, a 49,911-square-foot grocery-anchored retail...

1220 Hermosa Ave, Hermosa Beach, CA 90254
Los AngelesNews Releases

Family Trust Sells 8,000 SQFT Mixed-Use Property in Hermosa Beach for $6.48MM

Los Angeles, September 17, 2024, Beta Agency, a leading commercial real estate brokerage, and advisory firm, has announced that the firm has completed...

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