Martin Beck of Major Properties Has Closed a Multi-Family Deal for $4,250,000

Martin Beck has been specializing in multi-family real estate for the past five years (out of the ten that he’s been with Major Properties). As most of us are aware, Los Angeles housing is incredibly limited these days. Finding a multi-family property for sale is very competitive, especially one in a good location and priced […]

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 […]

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 […]

Grand Central Market Celebrates its 100th Anniversary

Grand Central Market is celebrating its 100th anniversary this year! The 30,000-square-foot open-air arcade of food vendors opened in 1917. At the time it was declared “the largest and finest public market on the Pacific Coast.” Standing at the intersection of culture and cuisine, the market’s transformation continues as food truck sensation Eggslut and Golden […]

Retail Asking Rates Continue to Increase

In the first quarter of 2017, the Los Angeles retail market vacancy rate ticked up 30 basis points to 4.1% as 532,000 sq.ft. were delivered to the market, according to the latest research from NAI Capital. This new space includes the largest IKEA in the United States, at 470,000 sq.ft. in the city of Burbank. […]