by Greg Wasik | Mar 29, 2018 | Uncategorized
On the market for he first time in over 50 years, the penthouse of the Sierra Towers is available for sale. The Penthouse contains over 7,000 square feet of space with extra height ceilings as well as over 4,000 square feet of exterior terraces. The space is in a...
by Greg Wasik | Mar 14, 2018 | Los Angeles Real Estate and Appraisal News
According to a source, Toys R Us plans to close and/or sell all 800 US stores. This comes after the retailer filed for bankruptcy six months ago. Their financial problems date back to a leveraged buyout in 2005 which saddled the company with a debt level that finally...
by Greg Wasik | Mar 13, 2018 | Los Angeles Real Estate and Appraisal News
Per BLVD Hospitality, the much discussed and delay Soho House Downtown Los Angeles (in the Artist Loft district at 1000 S. Sanfa Fe Avenue appears to finally have an opening date. BLVD Hospitality who will be involved with the food and beverage operations has posted...
by Greg Wasik | Mar 12, 2018 | Uncategorized
…A Malibu home belonging to the co-founder and CEO of Beverly Hills-based Westside Estate Agency Kurt Rappaport, has just sold for $120 million, according to a source with knowledge of the off-market deal, just as the home’s former guest house listed for almost...
by Greg Wasik | Mar 9, 2018 | Uncategorized
After struggling to maintain its appeal as a retail destination due to the double whammy of online shopping and destination malls such as the $1 Billion-renovated Century City Mall (which stole its major tenants), the Westside Pavilion owners have decided to convert...
by Greg Wasik | Mar 1, 2018 | Uncategorized
..Snapchat has put 14 of its Venice Beach office locations totaling 163,000 square feet up for sublease as it moves to consolidate those offices into Santa Monica. Snap Inc. was founded in Venice and for years has operated as a company without an official centralized...
by Greg Wasik | Feb 28, 2018 | Uncategorized
…The median home price in Southern California hit $507,000 in January, up 11.4% from a year earlier, but slightly below the record set in December of $509,500 Home prices in Southern California jumped 11.4% in January — the largest year-over-year gain in 44...
by Greg Wasik | Feb 12, 2018 | Los Angeles Real Estate and Appraisal News
1. The biggest sale of the year was the off-market sale of 454 Cuesta Way in Bel Air for $88 million. The hip-hop power couple, Jay-Z and Beyoncé, purchased the newly built mansion in August. The contemporary property includes six structures of 30,000 square feet of...
by Greg Wasik | Feb 3, 2018 | Los Angeles Real Estate and Appraisal News
gendary Pictures founder Thomas Tull is seeking $85 million for his Thousand Oaks home, which features seven structures and a working organic farm. Tull began assembling the hilltop compound seven years ago, acquiring three parcels on the same cul-de-sac in separate...
by Greg Wasik | Jan 19, 2018 | Uncategorized
As it forges ahead into original programming, Apple Inc. will elevate its physical presence in Hollywood in a significant way by planting a flag in Culver City. The Cupertino, Calif., tech giant will lease an entire building at 8777 Washington Blvd., near Culver...
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