ZM Trucks, a zero-emissions commercial truck company, has announced via a press release that it has established its first North American manufacturing plant in Fontana.
Sagard Real Estate acquired Vista Imperio, a 158-unit garden-style apartment located at 5880 Lochmoor Drive in Riverside for $49.9 million, or $316,000 per unit.
JLL Capital Markets has announced that it has completed the $200-million sale of The Gas Company Tower, a 1.3 million-square-foot, iconic trophy office tower located in the heart of Downtown Los Angeles.
Los Angeles-based Post Investment Group and Walker & Dunlop Investment Partners acquired Marquee, a 236-unit, garden-style apartment complex in North Hollywood for $44 million, or $186,000 per unit.
Moving from Silicon Valley, global manufacturer IDEC Corporation acquires Studio 2200 asset in Carlsbad Research Center to function as new North American headquarters
Gantry, Inc., a national full-service commercial mortgage banking firm, announced in a press release that it has strengthened its Southern California presence by strategically merging the operations of Westcap into its growing platform.
The Los Angeles County’s Board of Supervisors has approved stricter limits on rent increases for rent-controlled properties in unincorporated areas taking effect on January 1, 2025.
Cushman & Wakefield has announced that it has advised the sale of Summit Business Center, a 138,697-square-foot business park in Riverside, within the Inland Empire market.
Stevenson Ranch Plaza, a grocery-anchored shopping center in the Santa Clarita Valley, was acquired by Merlone Geier for $57.8 million, or $309 per square foot.
A large Malibu apartment building is set for condo conversions with BH3 Management’s $70.5-million acquisition of Cavalleri Malibu, a 68-unit building at 6487 Cavalleri Road.
Universal Music Group acquired two parking lots adjacent to the famed Capitol Records Tower in Hollywood for $30 million.
Private equity giant Blackstone sold a portfolio of four Inland Empire warehouses totaling 670,000 square feet to Cabot Properties for $202 million.
New funding will fuel the continued growth of key assets in the firm’s national portfolio of retail properties Westwood Financial, a more than 50-year-old retail real estate investment firm based in Los Angeles, has announced via press release that it has closed on a $70-million term loan upsize to the firm’s unsecured credit facility.
