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According the Urban Land Institute and update from Bisnow.com, here here some key factors affecting CRE going forward and into 2019: 1. Office and multifamily amenities on steroids: New office buildings and multifamily assets are going well beyond the fitness center and recreational areas to include child and pet care, bike storage and even a “curated garden” […]
Executive Vice President Anthony Behar was interviewed by Bill Black on the Exit Coach Radio Show recently. Here are his views on the Downtown Los Angeles real estate market:
The Los Angeles Times has reported that the bustling Grand Central Market, one of Los Angeles’ best-known cultural landmarks, has been sold to a Beverly Hills real estate investor who vows to preserve its historic charms. The sale that closed Tuesday included the 12-story Million Dollar Theater tower next door, home to the first movie […]
In case you haven’t seen it, an Apple commercial was shot in the DTLA Fashion District. The ad promotes portrait lighting on the iPhone 8 Plus and is currently running on TV. See link below: https://youtu.be/REZl-ANYKKY
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 […]
On August 11th, the Los Angeles City Council voted in favor of having the city sign a contract with the International Olympic Committee and the city of Paris to bring the 2028 Summer Games to Los Angeles, four years after the Games take place in France. At this point the IOC’s vote to approve the […]
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 […]
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 […]
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 […]
The first condominium tower in Metropolis, one of the biggest real estate developments in Los Angeles history, officially opens Thursday amid a wave of construction that is crowding the downtown skyline with new tall buildings. The long-anticipated $1-billion luxury condo-and-hotel complex rising along the Harbor Freeway is one of a handful of mega projects being […]