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Mixed-Use Development Announced for Palms Neighborhood

Mixed-Use Development Announced for Palms Neighborhood

L.A.’s Palms submarket has seen its fair share of turmoil but important changes are slated for the Westside neighborhood after a recent report announces a new mixed-use development. Frost/Chaddock Developers has announced that work has commenced at its $30 million Palms apartment community that will use the proximity of a…

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Hines Lines Up Transit-Oriented Multifamily Development in Pasadena After Completing Land Deal

Hines Lines Up Transit-Oriented Multifamily Development in Pasadena After Completing Land Deal

A new multifamily development is set to take shape in Pasadena after international real estate firm Hines recently announced that it has acquired a patch of land on which it intends to develop a residential community. The company will develop a for-rent residential complex in a submarket that it has…

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Caruso Targets a Host of Properties in Central Pacific Palisades for Renovation and Rebranding

Caruso Targets a Host of Properties in Central Pacific Palisades for Renovation and Rebranding

The central properties seem to have cost Caruso a total amount in the $40-$50 million range. However, the financial terms of the transaction were not disclosed to the media and an accurate number is currently not available. Most of the properties are currently tenant-free and are 50-60 years old, making…

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Culver City Creative Office Campus Development Breaks Ground

Culver City Creative Office Campus Development Breaks Ground

A new Culver City office campus officially broke ground recently when developer Hackman Capital Partners LLC kicked off the construction of its WorkScapes at the Hayden Tract facility. The project includes the renovation and conversion of three different industrial buildings, operation for which the company has also recently secured a…

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Culver City Creative Office Campus Development Breaks Ground

Culver City Creative Office Campus Development Breaks Ground

A new Culver City office campus officially broke ground recently when developer Hackman Capital Partners LLC kicked off the construction of its WorkScapes at the Hayden Tract facility. The project includes the renovation and conversion of three different industrial buildings, operation for which the company has also recently secured a…

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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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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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