SALE Learn More: https://lnkd.in/gKtSthqx IMAGE: Hamid Moghadam DATE: 10/03/2024 ADDRESS: 46859, 46871, 46889 & 46897 Bayside Parkway MARKET: Fremont ASSET TYPE: Industrial BUYER: Hamid Moghadam - Prologis SELLER: Siemens Industry Software SALE PRICE: $71,300,000 NOTE: Prologis acquired four research and office buildings in Fremont for $71.3 million from Siemens Industry Software, 23% above their assessed value. Despite a struggling Bay Area commercial real estate market, this all-cash deal highlights strength in select sectors, with Siemens' occupancy driving higher property values. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Fremont #Industrial #SiemensIndustrySoftware #HamidMoghadam #Prologis
Traded: Los Angeles
Real Estate
Los Angeles, California 16,222 followers
Recent CRE Transactions in California.
About us
Recent Commercial Real Estate Transactions in California.
- Website
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http://Traded.co
External link for Traded: Los Angeles
- Industry
- Real Estate
- Company size
- 1 employee
- Headquarters
- Los Angeles, California
- Type
- Partnership
- Founded
- 2015
Locations
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Primary
Los Angeles, California 90210, US
Employees at Traded: Los Angeles
Updates
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SALE Learn More: https://lnkd.in/gNYCt_7Y IMAGE: Jason Tuvia DATE: 10/04/2024 ADDRESS: 1859 Echo Park Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BROKER: Jason Tuvia - Marcus & Millichap SALE PRICE: $1,450,000 UNITS: 5 ~ PPU: $290,000 NOTE: A five-unit apartment building in L.A.'s Echo Park sold for $1.45 million, or $290K per unit, despite significant deferred maintenance. The fully occupied property was purchased all-cash by a first-time multifamily investor, with Jason Tuvia of Marcus & Millichap representing the seller. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Multifamily #JasonTuvia #MarcusandMillichap
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LEASE Learn More: https://lnkd.in/gagrB3W9 IMAGE: Elon Musk DATE: 10/02/2024 ADDRESS: 3180 18th Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 37,000 TENANT: Elon Musk - xAI Corp NOTE: Elon Musk's artificial intelligence company, xAI Corp, has opened an office in the Pioneer Building at 3180 18th Street in San Francisco's Mission District, previously subleased to competitor OpenAI. Musk announced the move at a networking event, indicating that his team has re-furnished the space, although the building is still officially listed for sublease as of Wednesday. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #SanFrancisco #Office #ElonMusk #xAICorp
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SALE Learn More: https://lnkd.in/gx4YnzQD IMAGE: Jaden Rosselli, David Gilbert, Alex Foshay, Ken White, Kevin Shannon, Laura Stumm, Michael Moll, Rob Hannan & Lucian Grainge DATE: 10/04/2024 ADDRESS: 2220 Colorado Avenue MARKET: Santa Monica ASSET TYPE: Office BUYER: Jaden Rosselli - Drawbridge Realty SELLER: David Gilbert - Clarion Partners LLC BROKERS: Alex Foshay, Ken White, Kevin Shannon, Laura Stumm, Michael Moll & Rob Hannan - Newmark TENANT: Lucian Grainge - Universal Music Group (UMG) SALE PRICE: $185,000,000 SF: 225,773 ~ PPSF: $819 NOTE: Drawbridge Realty has acquired 2220 Colorado Avenue in Santa Monica for $185 million, a Class A headquarters building fully leased to Universal Music Group (UMG), which serves as its operational headquarters. The six-story property, located in the heart of Silicon Beach, features two recording studios, state-of-the-art conference facilities, and a recent long-term lease extension from UMG, marking one of the largest leases in the market since 2021 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #SantaMonica #Office #AlexFoshay #KenWhite #Newmark #KevinShannon #LauraStumm #MichaelMoll #RobHannan #LucianGrainge #UniversalMusicGroup #JadenRosselli #DrawbridgeRealty #DavidGilbert #ClarionPartners
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SALE Learn More: https://lnkd.in/g__DWWqE IMAGE: Gary Dickerson DATE: 10/03/2024 ADDRESS: 1077 East Arques Avenue MARKET: Sunnyvale ASSET TYPE: Retail ~ ACRES: 13.6 BUYER: Gary Dickerson - Applied Materials SALE PRICE: $100,000,000 SF: 152,300 ~ PPSF: $657 NOTE: Applied Materials purchased a 13.6-acre site at 1077 East Arques Ave. in Sunnyvale for an estimated $100 million from the family of "The Sound of Music" director Robert Wise. The company's future plans for the site remain unclear, but it is currently developing a $4-billion R&D facility nearby. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Sunnyvale #Retail #GaryDickerson #AppliedMaterials
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LEASE Learn More: https://lnkd.in/gvUdmpVt IMAGE: Douglas Fillmore & Matt McLaughlin DATE: 10/04/2024 ADDRESS: 700 South Flower Street MARKET: Los Angeles ASSET TYPE: Office ~ SF: 23,000 SUBLANDLORD: InStride TENANT: Finesse SUBLANDLORD'S REP: Savills TENANT'S REP: Douglas Fillmore & Matt McLaughlin - Found Real Estate NOTE: Finesse, an AI-based fashion firm, has subleased over 23,000 square feet at The Bloc in Downtown L.A., nearly quadrupling its office space while moving from the Fashion District to the Financial District, with plans to stay through January 2028. The deal, represented by Found Real Estate for Finesse and Savills for master leaseholder InStride, highlights the need for landlords to enhance amenities to attract tenants in a market facing a 30% vacancy rate. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Office #Finesse #InStride #DougFillmore #MattMcLaughlin #FoundRealEstate #Savills
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SALE Learn More: https://lnkd.in/gYAqyWqp IMAGE: Dan Blackwell & Andrew Boukather DATE: 10/02/2024 ADDRESS: 3926 Franklin Avenue MARKET: Fullerton ASSET TYPE: Multifamily ~ ACRES: 0.44 BROKERS: Andrew Boukather - MBI Equity Partners; Daniel Blackwell - CBRE SALE PRICE: $2,665,000 UNITS: 10 ~ PPU: $266,500 SF: 7,410 ~ PPSF: $360 NOTE: CBRE has facilitated the off-market sale of a 10-unit multifamily property at 3926 Franklin Avenue in Fullerton, California, for $2.665 million, equating to $266,500 per unit. The buyer, a Los Angeles County investor, plans to enhance the property’s value through significant capital improvements, with potential rent increases that could boost the cap rate from 4.52% to 8.60%. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Fullerton #Multifamily #AndrewBoukather #MBIEquityPartners #DanielBlackwell #CBRE
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SALE Learn More: https://lnkd.in/g7gjz9NE IMAGE: David Lukes DATE: 10/02/2024 ADDRESS: 230 Bay Place MARKET: Oakland ASSET TYPE: Retail SELLER: David R. Lukes - SITE Centers BROKER: JLL SALE PRICE: $44,400,000 SF: 57,218 ~ PPSF: $776 NOTE: Site Centers Corp. sold the 57,218-square-foot Whole Foods Bay Place in Oakland, California, for $44.4 million, or $775.98 per square foot. JLL represented Site Centers in the transaction, with the property fully leased to Whole Foods on a long-term basis. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Oakland #Retail #DavidRLukes #SiteCentersCorp #JLL
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SALE Learn More: https://lnkd.in/gAM57NGa IMAGE: Laura Hines-Pierce, Thomas J Lawless, Mike Freno, Nicholas Walker & Trevor Roberts DATE: 10/02/2024 ADDRESS: 17900 Crusader Avenue MARKET: Cerritos ASSET TYPE: Self Storage ~ ACRES: 4.95 BUYER: Laura Hines-Pierce & Tom Lawless - Hines SELLER: Brian Shniderson - Capital 360; Mike Freno - Barings BROKERS: Nick Walker & Trevor Roberts - Self Storage Advisory Group - CBRE SALE PRICE: $91,000,000 UNITS: 2,460 ~ PPU: $36,992 SF: 260,273 ~ PPSF: $350 NOTE: Hines purchased a 260,273-square-foot Extra Space Storage facility in Cerritos, Calif. from Capital 360 and Barings for $91 million in a record-breaking deal, with CBRE's Nick Walker and Trevor Roberts representing the sellers. Despite market-wide slowdowns, the facility was 88% occupied, reflecting strong demand for storage in dense urban areas like Los Angeles. #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #Cerritos #SelfStorage #NickWalker #TrevorRoberts #CBRE #BrianShniderson #Capital360 #MikeFreno #Barings #LauraHinesPierce #TomLawless #Hines
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SALE Learn More: https://lnkd.in/gqQHdprc IMAGE: Jake Glaser DATE: 10/01/2024 ADDRESS: 257 East Vernon Avenue MARKET: Los Angeles ASSET TYPE: Retail SELLER: Jerry & Cheryl Rosenblum BROKER: Jake Glaser - Lyon Stahl Investment Real Estate SALE PRICE: $1,200,000 SF: 800 ~ PPSF: $1,500 #LosAngeles #RealEstate #tradedla #LA #LosAngelesRealEstate #California #LARealEstate #CaliRealEstate #TradedPartner #Retail #JakeGlaser #LyonStahlInvestmentRealEstate #JerryRosenblum #CherylRosenblum