Quantum Capital Secures $16 Million Refinancing for Retail Center in Downtown Los Angeles
Los Angeles — Quantum Capital Partners has secured a $16 million loan for the recapitalization of a retail center in downtown Los Angeles’ Arts District.
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CBRE Appoints Brandon Famous Chairman of Newly Formed Global Strategy Committee
Los Angeles — CBRE has appointed Brandon Famous chairman of the newly formed Global Retail Occupier Executive Committee.
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Ross Dress for Less to Open Three New Stores in Greater Los Angeles
Los Angeles — Ross Dress for Less will open three stores in downtown Glendale, South Los Angeles and Santa Fe Springs on Oct. 13.
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Macerich, Simon to Build 566,000 SF Outlet Mall in Los Angeles County
Carson, Calif. — Macerich (NYSE: MAC) and Simon Property Group (NYSE: SPG) have formed a 50/50 joint venture to develop Los Angeles Premium Outlets, a new outlet mall in Carson, located 13 miles south of downtown Los Angeles.
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Primestor Development Breaks Ground on 115,000-Square-Foot Jordan Downs Plaza in Los Angeles
Los Angeles — Primestor Development has broken ground on Jordan Downs Plaza, a 115,000-square-foot shopping center located within the Jordan Downs project in the Watts area of Los Angeles.
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Hanley Investment Group Arranges $3.5 Million Sale of Starbucks Near University of Southern California
Los Angeles — Hanley Investment Group Real Estate Advisors has arranged the $3.5 million sale of a single-tenant building triple-net-leased to Starbucks Coffee in Los Angeles.
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QIC Expands Senior Leadership Team in United States, Australia
Los Angeles — Australia-based QIC has expanded its senior leadership team, announcing several senior executive appointments in the United States and Australia.
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Shapell Signs Three New Tenants to $150 Million Planned Mixed-Use Development in Los Angeles
Los Angeles — Shapell Liberty Investment Properties has signed three new tenants to The Vineyards, a $150 million planned mixed-use development in Los Angeles’ Porter Ranch community.
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Cushman & Wakefield Arranges $22.9 Million Sale of Retail Property in West Hollywood
Los Angeles — Cushman & Wakefield as arranged the $22.9 million sale of a retail property located on Melrose Avenue in West Hollywood.
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CBRE Arranges $17.5 Million Sale of Shopping Center in Los Angeles
Los Angeles — CBRE has arranged the $17.5 million sale of Triangle Center, a 16,128-square-foot strip retail center located in Culver City and Los Angeles.
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