Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., recently negotiated the $5,075,000 sale of a 4,128-square-foot retail building at 5242-5246 E. 2nd St., Long Beach, CA 90803. Located in the heart of Belmont Shore’s main shopping and dining corridor, the property has two long…
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California saw an unprecedented 510 hotel sales last year, according to Atlas Hospitality Group, but the frenzied pace slowed during the first half of this year. The number of individual sales in the Golden State was down 9.9% the first half of the year, while total dollar volume was down nearly 34…
The Real Estate Outlook panel is produced by the L.A. Times B2B Publishing team in conjunction with Allen Matkins; Kennedy-Wilson Properties, Ltd.; and Torrey Pines Bank.
Thanks to the various unexpected events that have impacted virtually every kind of business over the last three years,…
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…