Three banks have re-upped their office leases for a combined 300,000 square feet in Irvine, marking some of the larger new leases in Orange County. Pacific Premier Bancorp,…
Read more Banks buck downsizing trend, re-up for 300K sf in IrvineBrookfield Asset Management is once again in hot water with a lender for a big downtown Los Angeles office tower. The alternative investment giant’s lender for its 1.4…
Read more Brookfield’s $400M DTLA Office Loan Heads to Special ServicerReal estate data giant CoStar Group is officially on the move from Washington, D.C. to northern Virginia. Andy Florance’s company is relocating to Central Place Tower, a 31-story…
Read more CoStar Moving HQ From DC After $339M PurchaseFor the cost of a pizza slice, Boston Properties significantly increased its stake in a Midtown South office property. BXP acquired a 29 percent stake in 360 Park…
Read more Boston Properties Takes 360 Park Avenue South Stake for $1Barry Sternlicht says the loss of office values in recent years is in the trillions of dollars. The Starwood Capital Group head recently spoke of the “existential crisis”…
Read more Barry Sternlicht on Office Values: “$1.2 Trillion of Losses”SL Green and RXR Realty’s Worldwide Plaza could find themselves in a world of hurt if two of its biggest tenants jump ship. Wall Street securities firm Evercore…
Read more Office Complex Worldwide Plaza’s Estimated Value Sinks $500MCentury City has stood out as an exception in L.A.’s struggling office market. But the upscale district that recently drew such tenants as Sidley Austin and Creative Artists…
Read more Office Vacancy Ticks Up in tony Century City
