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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…

Continue reading →

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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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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Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Real estate investment trust Kilroy Realty Corp. has further increased its Southern Californian footprint by completing the acquisition deal for Columbia Square, a Hollywood media campus. The company is also in final stages on the acquisition of Tribeca West, an entertainment-oriented office property in West L.A.…

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Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Kilroy Expands SoCal Portfolio With Media-Centric Office Acquisitions

Real estate investment trust Kilroy Realty Corp. has further increased its Southern Californian footprint by completing the acquisition deal for Columbia Square, a Hollywood media campus. The company is also in final stages on the acquisition of Tribeca West, an entertainment-oriented office property in West L.A.…

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Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo recently completed a deal to keep it at its current Los Angeles home. The banking giant has finalized a lease renewal with landlord MPG Office Trust, Inc. for space at the Bunker Hill-located Wells Fargo tower. The financial entity will stay on the building’s tenant roster for another…

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Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo Inks Decade-Long Renewal Deal With MPG Office Trust

Wells Fargo recently completed a deal to keep it at its current Los Angeles home. The banking giant has finalized a lease renewal with landlord MPG Office Trust, Inc. for space at the Bunker Hill-located Wells Fargo tower. The financial entity will stay on the building’s tenant roster for another…

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