Massive Hotel Proposed for Olympia Development in South Park

The Real Deal and Urbanize have reported that City Century, the American affiliate of Shanghai’s Shenglong Group, filed an initial study last week that details a second option of its massive, three-tower Olympia development in the South Park. The new alternative proposes reducing the number of residential units and the size of common spaces in favor of a […]

Major Properties is Currently Hiring New Agents

Major Properties is currently expanding our sales team. We are seeking new and experienced commercial real estate professionals. Candidates should possess a strong entrepreneurial spirit, be self-motivated, professional and of high integrity. Candidates should also be energetic individuals with a passion for success and ready to learn industrial and commercial real estate. Major Properties is […]

Major Properties Promotes Anthony S Behar to Partner

Major Properties is proud to announce the promotion of Anthony S Behar to Executive Vice President and Partner. Mr. Behar has been with the firm since 2002, starting as a sales associate. He is the firm’s first associate to be named Partner. He will continue to serve his clients to sell, purchase or lease commercial real […]

Tallest Residential Building in California Proposed for DTLA

The Los Angeles Times has reported that a skyscraper that would be the tallest residential building in California has been proposed for Downtown Los Angeles. Crescent Heights, a Miami-based developer, submitted a proposal to the city Planning Department this week to build a 70-story apartment building that would stand out in size and design amid […]

City of Los Angeles Launches Cyberattack Warning Center

The Los Angeles Business Journal has reported that L.A. Mayor Eric Garcetti announced the launch of the Los Angeles Cyber Lab, a public-private data-sharing center for alerting local businesses and residents to cyberattacks. Cyber Lab was formed in partnership with Cisco Systems Inc. of San Jose. The organization will alert small- and medium-sized business partners […]

New Los Angeles Database Lists City-Owned Properties

The Los Angeles Business Journal has reported that the city of Los Angeles has opened a new online searchable database that will help it maximize the value of its property and aid in the creation of affordable housing and homeless services. “City-owned property is one of our most valuable assets, and we must maximize its […]

New Development in Boyle Heights: Sears Mail Order District

The Sears Mail Order District is a major new development in Downtown Los Angeles by the Shomof Group. Encompassing the historic Sears distribution facility and the surrounding 25 acres, The Mail Order District (MOD) is a visionary project that reactivates this architectural icon. Flux Branding was selected to develop an authentic brand that integrates the […]

Los Angeles Convention Center Has Biggest Year Ever

The Los Angeles Convention Center had a big year. The Convention Center reported an operating surplus of $10.2 million, a 5% increase from the previous year’s surplus of $9.7 million. It’s the biggest surplus since AEG took over management of the 46-year-old facility; before that December 2013 handover, the city operated the Convention Center, usually […]

Los Angeles to Have Fully Electric Bus Fleet by 2030

The city of Los Angeles just announced plans to have a fleet of fully electric, zero-emissions buses by 2030. Authorities said the project, which involves the purchase of 2,200 vehicles, would cost some $1 billion over the next ten years. “Today’s vote represents an enormous investment in the future of a healthy and prosperous Los […]