Early in my commercial real estate career, I spent most of my first five years walking the streets of Los Angeles, knocking on doors, jumping on loading docks, and introducing myself to business owners, property owners, and tenants. One business became a regular stop. The owner wasn’t ready to make a move, but I kept […]
Major Properties is proud to announce the sale of a rare Sun Valley development site situated on 6.9 acres. The buyer, Epicenter Landcorp, has acquired the 11660 Tuxford St. site for $40,000,000, marking the completion of the group’s third real estate investment in the last 12 months. “A meaningful purchase price reduction, seller financing on […]
I am often asked: Anthony, should I sell today, should I lease lease today, what really is the best avenue to take? My short answer always is “it depends.” This is not a cop-out answer but really the truth because there are many variables a property owner needs to consider when confronted with this issue. Let’s look […]
Dear Friends, In 1991, I sold fifteen buildings in the Downtown Los Angeles market. In 1992 I did not sell one! The market had collapsed. The years of the junk bonds and Resolution Trust (RTC) hit the economy like a lightning bolt. Downtown LA saw 90% industrial vacancies, and a devaluation of property values by […]
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 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 […]