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Soothe Expands Operations to The Souferian Group’s Iconic Hollywood Office Building
The Souferian Group, a Los Angeles-based real estate development, investment and advisory firm founded and led by Behzad Souferian and focused on developing distinctively branded and designed lifestyle-driven properties, has announced the closing of a full-floor lease for Soothe, an app-based on-demand massage technology company. The company’s expanded operations will occupy the entire sixth floor of 1800 North Highland Ave., a seven-story, Class A office structure located at the gateway to Hollywood’s world-renowned entertainment district.
INNOVATIVE LUXURY AGENCY MERCER VINE LAUNCHES IN LOS ANGELES WITH TEN MAJOR LISTINGS
With plans to grow to 50 agents this year, the emerging real estate firm is built on a foundation of collaboration and client experience. Mercer Vine, a new leader in Southern California luxury real estate, has formally launched its brand by listing 10 properties in some of Los Angeles’ most exclusive neighborhoods. The properties, many of which are undergoing extensive high-end upgrades, have an estimated post-renovation value of $260 million
LA-Based Power Broker Duo Joins Kennedy Wilson Brokerage
Jordan Rubinstein and David Pressberg, two influential commercial real estate professionals in Los Angeles, have joined the brokerage team at Kennedy Wilson, a global real estate investment company. Previously with Century Park Realty, the move expands Kennedy Wilson’s foothold on the tenant representation side, and lengthens the firm’s list of nationally recognized clientele and expanding brands. The team will relocate to Kennedy Wilson headquarters in Beverly Hills.
Kennedy Wilson Represents Seller in Approximately $37 Million Sale of Historic San Fernando Building...
Global real estate investment company Kennedy Wilson has represented the seller in the approximately $37 million sale of the San Fernando Building in the Old Bank District section of the Historic Core in Downtown Los Angeles. Originally built in 1907 as one of the city’s most coveted office buildings, the approximately 89,500-square-foot building was remodeled in 2000 to accommodate 70 large, loft-style multifamily units in addition to approximately 11,500 square feet of ground floor retail and restaurant space. The seller was Los Angeles-based Gilmore Associates and the buyer is MWest Holdings.
Oceanwide Launches “The Collection at Oceanwide Plaza”
Oceanwide Plaza, LLC officially launches “The Collection at Oceanwide Plaza” brand in downtown Los Angeles today, with the unveiling of its leasing website, CollectionAtOceanwide.com, for the development’s retail and restaurant complex currently under construction. Global real estate company Kennedy Wilson serves as the exclusive leasing agent for Oceanwide Plaza’s 153,000 square feet of retail, which is part of the $1 billion mixed-use project developed by Beijing-based Oceanwide Holdings Co Ltd. The leasing website debuts The Collection through a 3-D animated, fly-through video, offering new details of the project, which is scheduled for completion in 2018
Spacious Enclave with Beverly Hills’ Best Views Comes to Market
Mercer Vine, an emerging leader in Los Angeles luxury real estate, has announced its exclusive listing of 1312 Beverly Grove Place in Beverly Hills, California for $6,495,000. “This house is the essence of California living, ushering in year-round sunlight through expansive windows and grand ceilings,” said Adam Rosenfeld, founding partner at Mercer Vine and one of the property’s listing agents.
Spanish-Inspired Live/Work Space Comes to Downtown Santa Barbara
A Spanish-inspired live/work space has officially arrived with the announcement of “El Jardin,” a new building located in the historic Presidio neighborhood in downtown Santa Barbara. The four-story development at 819 Garden Street, which is co-listed by Sotheby’s International Realty and Hayes Commercial Group, is designed for the business owner or CEO seeking a professional office space and a private home all in one place
PACIFIC PALISADES SEES A 94 PERCENT INCREASE IN LUXURY HOME SALES IN OCTOBER 2015...
Released monthly with rolling three-month data, the Sotheby’s International Realty Greater Los Angeles Market Report is a comprehensive analysis of real estate market activity in the area across the top 33 markets to keep audiences up-to-date on trends at the macro and micro level for single-family homes and condominiums
McGrath Family Sells Legacy Asset In San Diego
The McGrath Family, known in San Diego as pioneers in construction and real estate, have announced the sale of a portion of their retail portfolio encompassing 294,428 square feet in the Kearny Mesa submarket of San Diego, California to a commingled fund managed by Clarion Partners, working with existing partner HP Investors, LLC.
Unire Real Estate Group, inc. celebrates 15 year anniversary
Unire Real Estate Group is proud to announce it celebrates 15 years in business this year, marking what founder and president Mark Harryman thinks will be its most successful year yet. With a team of dedicated colleagues, Unire Group has grown from managing 1-million square feet in 2000 to more than 35-million square feet in the beginning of 2015, adding more than six million square feet to its portfolio last year
Lee & Associates Names New Shareholders in Los Angeles – Long Beach Office
LONG BEACH, Calif. - February 21, 2014 - (RealEstateRama) -- Brandon Carrillo and Trauger Ralston, principals in the Lee & Associates Los Angeles – Long Beach office, have been announced as the newest company shareholders for the broker-owned commercial real estate firm.
Lee & Associates Releases Fourth Quarter Inland Empire Industrial Market Summary
ONTARIO, Calif. - January 23, 2014 - (RealEstateRama) -- The Ontario office of Lee & Associates, the nation’s largest broker-owned commercial real estate firm, has released its fourth quarter 2013 Industrial Market Summary for the Inland Empire.
Lee & Associates Names Todd Launchbaugh Recipient of Leaders of Lee Award
ONTARIO, Calif. - January 3, 2013 - (RealEstateRama) -- With over 24 years of industrial brokerage experience at Lee & Associates, Todd Launchbaugh, SIOR, senior vice president and principal at Lee’s Ontario office, was one of the recipients of the 2013 Leaders of Lee award at the Lee broker’s summit, which was held recently in Las Vegas. The award was created to give recognition to those who have made exceptional contributions to the firm and the industry as a whole
Lee & Associates Names Three New Shareholders in San Diego-North Office
Torrance, CA - September 4, 2013 - (RealEstateRama) -- The San Diego-North office of Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has named Al Apuzzo, Marko Dragovic and Isaac Little as its newest company shareholders.
Kennedy Wilson Sells Prime Commercial Condominium in Hollywood
Torrance, CA - September 4, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson today announced the sale of the Broadway Hollywood for an undisclosed price. The prime ground floor commercial condominium, located on the internationally recognized hard-corner of Hollywood Boulevard and Vine Street in Hollywood, was purchased by San Diego-based HP Investors, LLC.
Lee & Associates Asset Management Group Nationally Ranks in “Top Property Managers”
Torrance, CA - September 4, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has been nationally ranked 20th on the 2013 list of “Top Property Managers” as reported by Commercial Property Executive.
Lee & Associates Negotiates the Sale of Ten Walgreens and CVS Drugstores
Torrance, CA - August 23, 2013 - (RealEstateRama) -- A series of transactions totaling more than $40 million that included the sale of nine Walgreens and one CVS drugstore investments was negotiated by Ryan Barr and Ryan Bennett of Lee & Associates-North San Diego County. The combined sales, which closed in June, covered property in the East, Southeast, Midwest and the Southwest regions
Joe LaFico Joins Kennedy Wilson
Torrance, CA - August 21, 2013 - (RealEstateRama) -- Joe LaFico has joined the international real estate investment and services firm Kennedy Wilson as managing director of operations and asset management in its Houston office.
Lee & Associates Closes $5.15 Million Industrial Sale
Torrance, CA - August 21, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has represented both sides in the sale of a 98,456-square-foot industrial property for $5.15 million
Kennedy Wilson Hires Michael Pakravan
Torrance, CA - August 14, 2013 - (RealEstateRama) -- International real estate investment and services firm Kennedy Wilson has hired Michael Pakravan, a nine-year real estate retail leasing veteran, to join KW Properties Group, the commercial brokerage and property management division of Kennedy Wilson, as vice president.