Posts Tagged ‘Downtown’
How Burbank found a solution to downtown doom
A Burbank landlord trying to land a trendy ice cream shop tenant got a critical assist from the city that helped seal the deal.When a Van Leeuwen Ice Cream representative came to look at his space in the center of downtown Burbank in April, a ...
Port of Long Beach Buys Offices in City’s Downtown
The Port of Long Beach snapped up a downtown Long Beach office tower as vacancies climb to record levels, and values continue to slide.The port authority acquired the 13-story office building at 100 Oceangate, across the street from its headqua...
Downtown L.A.’s Metropolitan to Receivership After Default
The Metropolitan apartment and retail building in Downtown L.A. is in a receiver’s hands after the Fallas family allegedly defaulted on a $32 million loan. A Superior Court of Los Angeles County judge appointed a receiver at the request of s...
Downtown L.A. fixture PwC will move to Century City
In another blow to the struggling downtown office rental market, longtime stalwart corporate tenant PricewaterhouseCoopers has agreed to move its Los Angeles offices to Century City.London-based PwC is one of the world’s largest accounting a...
City approves mega development that will alter downtown L.A. skyline
A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City Council.The planned Fourth & Central comp...
Downtown L.A. World Trade Center to become affordable apartments
An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first project will be a $200-million makeover of the L....
Downtown L.A.’s Metropolitan apartment building faces foreclosure
A landmarked downtown Los Angeles apartment building designed by famed Los Angeles architect John Parkinson is on the market as its owners face foreclosure.Residences in the Metropolitan, a 10-story tower built in 1913, are nearly filled with ...
Downtown L.A. businesses demand attention from the mayor’s race
Cemal Clik was rinsing some strawberries for lunch when he felt a gun on his temple.The 61-year-old was sitting near his gift shop in downtown Los Angeles this month when two men threatened to kill him if he didn’t give up the gold chain han...
