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IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

Greenland USA is adding a new hotel to its offering at the Metropolis mixed-use development in downtown Los Angeles. The company, a subsidiary of Greenland Group in Shanghai, has announced that it has inked an agreement with InterContinental Hotels Group for the opening of the city’s first Indigo-branded hotel. The…

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IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

Greenland USA is adding a new hotel to its offering at the Metropolis mixed-use development in downtown Los Angeles. The company, a subsidiary of Greenland Group in Shanghai, has announced that it has inked an agreement with InterContinental Hotels Group for the opening of the city’s first Indigo-branded hotel. The…

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Buena Park Auto Center Adds Tesla Motors as Electric Car Manufacturer Expands

Buena Park Auto Center Adds Tesla Motors as Electric Car Manufacturer Expands

Tesla Motors is definitely what you call a company on the up. The Elon Musk-led entity has grown in recent years to a point where their unveilings carry the weight of an Apple keynote. Faced with the need to expand, the company recently sealed an agreement for a dealership space…

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Units at Eighth & Grand Mixed-Use Community in Downtown L.A., Now Available for Pre-Lease

Units at Eighth & Grand Mixed-Use Community in Downtown L.A., Now Available for Pre-Lease

Eighth & Grand, a new mixed-use community that occupies a three-acre block in downtown Los Angeles, is now available for pre-lease. The developer, San Francisco-based Carmel Partners, has launched the property’s pre-leasing office at 433 West 7th St., effectively starting the occupancy process for the 700 luxury units. The community…

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One Year After Grand Opening, Juanita Tate Marketplace Acquired by Optimus Properties

One Year After Grand Opening, Juanita Tate Marketplace Acquired by Optimus Properties

The Juanita Tate Marketplace in Los Angeles was recently acquired by locally based Optimus Properties LLC. The redevelopment project located at the corner of Slauson Avenue and Central Avenue is a venture that has taken its developers nearly 17 years to complete. Developed by a partnership consisting of Infinity Redevelopment…

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Meta Housing Corp. Presents Its First Family Arts Colony

Meta Housing Corp. Presents Its First Family Arts Colony

Meta Housing Corp. finalized its first “family arts colony” apartment project in the San Pedro, Calif., neighborhood.…

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TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach

TODAY’S DEALS: Waypoint Grabs Waterfront Apartments in Newport Beach

IPA brokers a $25.5 million sale in Newport Beach, Calif.; Lee & Associates arranges a 32-unit asset in Los Angeles; and Berkadia negotiates the financing and sale of a multifamily property in Greater Phoenix. …

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Silicon Beach Asset in Santa Monica Trades Hands for Highest Per-Square-Foot-Rate in 2015

Silicon Beach Asset in Santa Monica Trades Hands for Highest Per-Square-Foot-Rate in 2015

We’ve previously covered the growing strength of the area of Santa Monica known as Silicon Beach, but the tech-centric submarket seems to finally be hitting its stride. Recently, New York-based real estate investment management firm JOSS Realty Partners acquired a creative office asset in Santa Monica for a total of…

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Newly Built Industrial Asset in Santa Fe Springs Signs First Major Tenant

Newly Built Industrial Asset in Santa Fe Springs Signs First Major Tenant

A recently built Santa Fe Springs industrial asset completed a major long-term lease worth approximately $20 million. Gelson’s Markets recently inked an agreement for more of the available space at the Freeway Springs Logistics Center. The company will also take up a large component of the property’s available office space,…

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PennySaver HQ in Brea Acquired by Intercontinental Real Estate Corporation

PennySaver HQ in Brea Acquired by Intercontinental Real Estate Corporation

The current headquarters of PennySaver USA Publishing LLC recently traded hands in a deal arranged by real estate company HFF. The property is located in the North Orange County Brea/La Habra submarket, southeast of Los Angeles. The selling entity, a joint venture between Cohen Asset Management Inc. and American National…

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San Bernardino Office Campus Acquired by Hines/Oaktree Joint Venture

San Bernardino Office Campus Acquired by Hines/Oaktree Joint Venture

A San Bernardino office portfolio was recently acquired in a deal completed by international real estate firm Hines. Part of a joint venture that it has created with a fund managed by Oaktree Capital Management LP, the company acquired the Inland Empire property from two investment funds managed by Rancon…

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Oakwood Worldwide Acquires Luxurious Redwood City Apartments for Global Portfolio

Oakwood Worldwide Acquires Luxurious Redwood City Apartments for Global Portfolio

Oakwood Worldwide added a 141-unit apartment community in Redwood City, Calif., to its global portfolio through its $4 billion partnership with Singapore-based Mapletree Group.…

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