COMMERCIAL REAL ESTATE

COMMERCIAL REAL ESTATE NEWS

 

Stocks hit new records as an appetite for deals sends food companies up

Stocks again broke records Tuesday as investors came back from a long weekend hungry for deals. Although Kraft Heinz and Unilever couldn't agree to a proposed $143-billion mega-merger, food and household goods makers rose as investors bet that other deals are coming. Companies that make packaged...

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  • Spruce Goose hangar complex is sold to Japanese investors

    Spruce Goose hangar complex is sold to Japanese investors

    Japanese investors have bought the landmark hangar in Playa Vista, now leased by Google, where mogul Howard Hughes built his Spruce Goose aircraft in the 1940s. Los Angeles developer Ratkovich Co. and its financial partner Penwood Real Estate Investment Management sold the four-building Hercules...

  • Caltrans will begin selling homes along the 710 Freeway corridor

    Caltrans will begin selling homes along the 710 Freeway corridor

    Transportation officials have begun the painstaking process of selling hundreds of houses acquired decades ago for a Los Angeles County freeway project that was never built. In the 1950s and 1960s, Caltrans began buying empty lots, houses and apartments along the planned route of the 710 Freeway...

  • Community meeting on 1919 Market Street warehouse in Oakland

    Community meeting on 1919 Market Street warehouse in Oakland

    Real estate developer Danny Haber speaks at a contentious community meeting at the Greater St. John Missionary Baptist Church, left, next to the 1919 Market Street warehouse, in West Oakland on Dec. 8. The meeting was meant to inform the community about the development of new units at 1919 Market.

  • Developer details high-rise residential, retail plans for historic L.A. Times property

    Developer details high-rise residential, retail plans for historic L.A. Times property

    The new property owner of the historic Los Angeles Times building unveiled details Friday about its plans to dramatically transform the downtown Civic Center with high-rise residential towers and a host of stores. Onni Group, a developer in Vancouver, Canada, bought the 202 W. First St. property...

  • Luxury developers are painting the town green to cater to the eco-conscious

    Luxury developers are painting the town green to cater to the eco-conscious

    Real estate developers are seeing green. Responding to interest among home buyers for eco-friendly dwellings, developers are building energy- and water-efficient features into homes, reusing materials instead of buying new ones and purchasing bicycles for residents to use. They’re also catering...

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