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Chinatrust Bank Moves HQ to 801 Tower As It Plans Expansion

Chinatrust Bank Moves HQ to 801 Tower As It Plans Expansion

Taiwan-based Chinatrust Bank is set to move its headquarters after an announcement regarding a new leasing deal was made by company officials recently. The financial entity will move its operations from its current Torrance HQ to the new location, in 801 Tower, in the financial neighborhood set up just north…

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Academy Tower in North Hollywood Now Part of Kennedy Wilson’s Portfolio for $48 Million

Academy Tower in North Hollywood Now Part of Kennedy Wilson’s Portfolio for $48 Million

North Hollywood properties have been the subject of some interest lately, a trend that is making itself noticed through a number of purchases. The latest of these is the acquisition of The Academy Tower, an office property located in the area, by international real estate firm Kennedy Wilson. The company…

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Academy Tower in North Hollywood Now Part of Kennedy Wilson’s Portfolio for $48 Million

Academy Tower in North Hollywood Now Part of Kennedy Wilson’s Portfolio for $48 Million

North Hollywood properties have been the subject of some interest lately, a trend that is making itself noticed through a number of purchases. The latest of these is the acquisition of The Academy Tower, an office property located in the area, by international real estate firm Kennedy Wilson. The company…

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New Joint Venture to Acquire Burbank Media District Office Campus

New Joint Venture to Acquire Burbank Media District Office Campus

Hudson Pacific Properties, Inc. has announced that it has entered a new joint venture, with M. David Paul & Associates/Worthe Real Estate Group, that will move to acquire one of the largest properties in the Burbank Media District. The new JV is set to close on the two-building facility named…

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New Joint Venture to Acquire Burbank Media District Office Campus

New Joint Venture to Acquire Burbank Media District Office Campus

Hudson Pacific Properties, Inc. has announced that it has entered a new joint venture, with M. David Paul & Associates/Worthe Real Estate Group, that will move to acquire one of the largest properties in the Burbank Media District. The new JV is set to close on the two-building facility named…

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Division 13 Will Provide Local Transportation Authority With State-of-the-Art Maintenance Equipment

Division 13 Will Provide Local Transportation Authority With State-of-the-Art Maintenance Equipment

The Los Angeles County Metropolitan Transportation Authority is now underway with the development of the new Metro Division 13 Bus Maintenance and Operations Facility. The state-of-the-art construction will be located next to Union Station and will be built over the following two years. While the facility will cost around $72…

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Division 13 Will Provide Local Transportation Authority With State-of-the-Art Maintenance Equipment

Division 13 Will Provide Local Transportation Authority With State-of-the-Art Maintenance Equipment

The Los Angeles County Metropolitan Transportation Authority is now underway with the development of the new Metro Division 13 Bus Maintenance and Operations Facility. The state-of-the-art construction will be located next to Union Station and will be built over the following two years. While the facility will cost around $72…

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Archstone Acquires Silicon Beach Residential Property Formerly Known as The Frank

Archstone Acquires Silicon Beach Residential Property Formerly Known as The Frank

The Frank, a Venice, CA multifamily property, was the subject of a recent deal resulting from an Archstone-sponsored partnership. The company is currently on a shopping spree that includes the acquisition of a 205-unit apartment community in Marina del Rey, as well as a 237-unit Washington D.C. residential property. Archstone…

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Archstone Acquires Silicon Beach Residential Property Formerly Known as The Frank

Archstone Acquires Silicon Beach Residential Property Formerly Known as The Frank

The Frank, a Venice, CA multifamily property, was the subject of a recent deal resulting from an Archstone-sponsored partnership. The company is currently on a shopping spree that includes the acquisition of a 205-unit apartment community in Marina del Rey, as well as a 237-unit Washington D.C. residential property. Archstone…

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Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Located at 450 North Rossmore Avenue, the building features 56 luxury units, with an impressive per-rate unit of $527,000. The property offers an expansive overlook with views that include Hancock Park and the nearby Wilshire Country Club. The average apartment is about 1,400 square feet. Forty-six of the units are…

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Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Historic Celebrity Magnet ‘El Royale’ Trades Hands for $29.5M

Located at 450 North Rossmore Avenue, the building features 56 luxury units, with an impressive per-rate unit of $527,000. The property offers an expansive overlook with views that include Hancock Park and the nearby Wilshire Country Club. The average apartment is about 1,400 square feet. Forty-six of the units are…

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Multifamily Portfolio in Lancaster is Acquired by MG Property Group

Multifamily Portfolio in Lancaster is Acquired by MG Property Group

A Lancaster, CA multifamily portfolio was recently acquired by real estate company MG Properties Group from an unnamed seller. The San Diego-based company paid approximately 91.75 million for the four residential communities. The properties comprising the portfolio are Cordova Park, Granada Villas, Sienna Heights and Woodlands West, all of them…

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