Press

In the event of a downturn, these asset categories are likely to provide a leg up. At a moment marked by inflation, slowing growth and recession fears, CRE asset categories that offer long-term potential for reliable returns are in the spotlight. Those most often cited by experts reflect a wide…
One of downtown’s trendiest buildings is looking to get even edgier. Niku X, an upscale Japanese restaurant with a French influence, has signed a lease to occupy the Wilshire Grand Center. The restaurant, created by Haibin Yang and David Zhao of The X Pot, will open this fall.
Diners settling in for lunch at Brazilian steakhouse Fogo de Chao at Eighth and Figueroa streets in downtown Los Angeles can splurge on a 20-ounce wagyu New York strip steak for $150. Or they can go to the Wendy's next door and grab a Baconator burger for $6.09.
Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., has facilitated the sale of a 24,350 square-foot site representing two contiguous parcels and inclusive of a 12,800 square-foot building at 2301 S. Sepulveda Blvd. and 2318 S. Pontius Ave. in Los Angeles, California. The…
Commercial property prices that have been hovering at near peak levels are starting to slide lower, and with more interest rate hikes looming, it could turn out to be a slippery slope for some sellers. “The higher cost of capital is resulting in a repricing of risk across the broader economy, and…
A 164,198-square-foot cold storage facility in south Fresno — built and formerly operated as a Zacky Farms plant — has been purchased for $16.8 million. The buyer is Southern California-based restaurant supply company S.J. Distributors, Inc. The seller is Producers Cold, LLC, which offers third-…
Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., has completed the sale of a 164,198 square-foot cold storage property on 11.53 acres at 2950 East California Avenue and 222 S East Avenue in Fresno. Kennedy Wilson Brokerage Vice President John Troughton and Associate Adam…
Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., announced today that Kalaveras, a Southern California-based fast casual Mexican restaurant group, has leased space for its first Burbank location. Christine Deschaine, Senior Vice President and Kyle Fishburn, Senior Associate…
Italian restaurant Settecento is moving into Maguire Gardens, adjacent to the U.S. Bank Tower in downtown Los Angeles. The restaurant’s owner Global Dining Inc. has signed a 15-year lease for 4,000 square feet at 700 5th Street, according to real estate firm Silverstein Properties. Settecento will…
As one of the largest acquisitions of its class in the market north of Redding, the property is comprised of industrial, low intensity agriculture, and residentially zoned land in Siskiyou County. This acquisition includes a 144,900 square-foot industrial building at 210 Ski Village Drive, which…