David Nusbaum is a contributing reporter and research consultant to LA Times Studios. He covers all sectors of business in Southern California focused on local companies, commercial real estate deals and M&A transactions. In addition, he compiles lists of the top banks, law firms, accounting firms and commercial real estate companies. His work has appeared in business publications nationwide including the Los Angeles Business Journal, Crain’s New York, Crain’s Cleveland, the Commercial Observer, and others.
Latest From This Author
LG H&H Co. Ltd., a South Korean personal care company, acquired the remaining 35% stake in Los Angeles-based beauty products manufacturer The Créme Shop Inc. for $67 million.
Costco has acquired two Orange County sites, planning to build a new fueling center at a former Bed Bath & Beyond in Mission Viejo and a new warehouse store at a shuttered theater in Lake Forest.
Calabasas-based corporate ticket provider TicketManager was acquired by private equity firm Valeas Capital Partners in a deal valued at $110 million.
Uncommon Developers acquired the 1 million-square-foot office tower located at 601 S. Figueroa St. from Brookfield Properties for $210 million.
Long Beach-based Rocket Lab is acquiring Tucson’s Geost, an optical systems and payload manufacturer for national security satellites, for $330 million. The deal expands Rocket Lab’s capabilities into advanced electro-optical and infrared payloads.
A 94,000-square-foot office building in Loma Linda, CA, fully leased to San Bernardino County, has been sold for $17.4 million. The property at 10417 Mountain View Ave. houses the county’s Child Support Services.
Motorola Solutions announces a $4.4 billion deal to acquire Los Angeles-based Silvus Technologies, a developer of mobile communications datalinks for infrastructure-less data transmission.
Terreno Realty Corp. sells a five-building, 545,000-square-foot industrial portfolio in Commerce, CA for $97 million ($178/sf). The properties were 99% leased at the time of sale.
South El Monte-based aerospace manufacturer Vacco Industries Inc. has been acquired by RBC Bearings Inc. from Esco Technologies Inc. for $310 million.
A 40,100-square-foot Amazon Fresh store in Fontana, the first in San Bernardino County, has been sold by Sage Investco to a private buyer for $17.8 million.