Los Angeles

News

Charitable Foundation to Donate Proceeds from US $37M Sale of North Hollywood Industrial Park

Cushman & Wakefield has advised charitable foundation, The Ben B. and Joyce E. Eisenberg Foundation, on the disposal of a fully leased industrial park totaling 139,567 square feet in North Hollywood, California, with all proceeds from the sale to support the foundation’s charitable activities. Known as the Sherman Way Industrial Center, the multi-tenant property consists…

News

Mixed Office and Retail Development Earmarked for LA Arts District

Plans have been unveiled for Above, a 350,000sf ground-up creative office project that will support the continuing regeneration of Los Angeles’ Arts District. Owned and entitled by LA-based The Legendary Group, the 17-story Class A project will consist primarily of 311,000 sf of office space on 12 floors plus 22,000 sf of ground floor production,…

News

Wilshire Grand Center Signs Lease with Pacific Western Bank

Pacific Western Bank, a wholly-owned subsidiary of PacWest Bancorp, has signed a long-term lease at the Wilshire Grand Center in Downtown Los Angeles in a deal brokered by Cushman & Wakefield. Under the terms of the agreement, the commercial bank will occupy 8,010 square feet of office space on the 26th floor of the office…

News

Walton Street Capital Expands Portfolio with Multifamily Development

Cushman & Wakefield has brokered the sale of the newly developed Elysian at The Palms apartment community in Las Vegas to Walton Street Capital. Built in 2021, the 286-unit, the Class A multifamily asset is located at 3850 West Nevso Drive on a site adjacent to the world-famous Las Vegas Strip. The property was originally…

Education

Cushman & Wakefield Poaches Senior Savills Tenant Reps

05.10.2021, 17:45 Cushman & Wakefield Poaches Senior Savills Tenant Reps Cushman & Wakefield has added veteran occupier services specialists Matt Hart as Vice Chairman and Alex Phillips as Executive Managing Director of its San Francisco office. Hart and Phillips were previously with Savills, where Hart was consistently recognized as a ‘Top Producer’ in the Bay…

News

Family Investment Vehicle Acquires LA Retail Anchor Store

28.09.2021, 12:52 Family Investment Vehicle Acquires LA Retail Anchor Store Cushman & Wakefield has brokered the sale of a newly built single-tenant grocery property in Los Angeles, California for US $35 million. Completed in 2020, the 29,456 SF property is located prominently on the southeast corner of Centinela Avenue and La Tijera Boulevard and benefits…

Appointments

Veteran Creative Director to Reinvigorate ASM

23.09.2021, 20:14 Veteran Creative Director to Reinvigorate ASM Industry Veteran John Boyle has joined live experiences provider and venue operator ASM Global as Global Chief Content Officer. Boyle was a key principal in the explosive growth of Insomniac Events, the legendary electronic music event promoter and festival producer which is best known as the organizer…

News

U.S. “Top 50” Bed Bug Infested Cities

As students return to college campuses, Terminix has released a list of the 50 most bed-bug ridden cities in America. Bed bugs spread easily by hitching rides on luggage, backpacks and clothing, and can crawl through cracks in walls making shared dorm living areas extremely vulnerable to infestations. Senior director of bed bug services at…

News

LA Records Record Industrial Rent Rises

16.07.2021, 14:09 LA Records Record Industrial Rent Rises Cushman & Wakefield has published its latest report on the industrial property market in the Greater Los Angeles area, accompanied by a “5 Fast Facts” infographic illustrating how supply-side shortages are driving up commercial rents. According to the report‘s findings, increased demand for logistics space continues to…

Construction

SteelWave Acquires Creative Office Campus in the Lost Angeles Arts District

20.05.2021, 19:03 SteelWave Acquires Creative Office Campus in the Lost Angeles Arts District Cushman & Wakefield has brokered the sale of The Switchyard, a 150,451 SF Class A creative office campus located in the Arts District, Los Angeles for US $80 million. San Francisco-based SteelWave acquired the modern two-building campus developed recently in two phases…

Environment

LA Office Campus Signs 27,500 SF Tenant

12.05.2021, 22:46 LA Office Campus Signs 27,500 SF Tenant Onni Group’s Wilshire Courtyard office campus in Los Angeles, California has signed a new long-term lease with CO Architects, a Los Angeles-based architecture firm, for 27,461 square feet of space at the Class A office project. The company will be located on the fifth floor of…

News

Sale and Leaseback of Phoenix Manufacturer’s Premises

13.01.2021, 17:19 Sale and Leaseback of Phoenix Manufacturer’s Premises Cushman & Wakefield has represented Phoenix Paver, a privately-owned manufacturer of residential and commercial pavers, in the US $ 14 million sale and leaseback of its headquarters and production facilities in Phoenix, Arizona. Comprising four neighboring properties in the airport area, the asset consists of approximately…

News

Off-market Sale of LA Industrial Building

30.09.2020, 00:51 Off-market Sale of LA Industrial Building Cushman & Wakefield has brokered the disposal of a freestanding industrial building within the Riverview Business Park in Phoenix, Arizona, to Los Angeles based investment firm, Top Ten Partners L.P., in a transaction worth US $6.9 million. The 14,000 SF manufacturing facility occupies 6.14 acres and is…

News

Cushman & Wakefield Represents Made Goods in Lease Expansion

15.09.2020, 18:24 Cushman & Wakefield Represents Made Goods in Lease Expansion Cushman & Wakefield has negotiated a lease for Ardmore Home Design, Inc., subsidiary, Made Good, on a 282,000 SF Headquarters and warehousing facility in Industry, Greater Los Angeles, California. The new facility is located at 918 S Stimson Avenue and will serve as the…

Cleaning

Building Trust with Cleaning Accreditation

30.06.2020, 11:43 Building Trust with Cleaning Accreditation Organisations from over 30 countries have committed to accrediting their facilities to the GBAC STAR™ standard from ISSA.   Launched by Global Biorisk Advisory Council (GBAC) – a division of ISSA, accreditation provides independent verification of effective protocols, procedures and infection control systems capable of presenting risks presented by…

Afghanistan

Virtual Charity Fundraising Trek

05.06.2020, 13:59 Virtual Charity Fundraising Trek Fourteen members of Incentive FM’s leadership team have participated in a 43-day virtual trek of the Will Rogers Highway (the legendary “Route 66”) in support of chosen charity, Scotty’s Little Soldiers which assists bereaved armed forces children. The challenge saw the team walk, run, and cycle the 2,448 mile route…

Environment

Design Solutions for Transit Environments

Móz Designs rose to the challenges presented by two large-scale airport projects by creating unique metal architectural features for columns, walls, accents and facades. Airports and other large-scale public transit hubs present a unique set of traffic and security-related design challenges. Although often overlooked by specifiers, metal is often the most suitable material for passenger…

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