Hollywood, Downtown Los Angeles, Culver City, Koreatown—what do all of these neighborhoods have in common? All three are emerging markets in Los Angeles, and most have pushed their developments in the last few years.
The Real Deal: There must be pressure to deliver a project of this magnitude on time. What were the first steps towards getting it off the ground?
A bleak sight of sallow grass and withered shrubs in the beach resort city of Malibu may be revitalized soon.
Kennedy Wilson has arranged the $16 million sale of a 23,500-square-foot retail and multifamily property located at the corner of 11th Street and Wilshire Boulevard in Santa Monica.
Poke is the latest craze to hit the fast casual restaurant boom, according to Michael Pakravan, VP at Kennedy Wilson and a fast-casual retail specialist. He recently signed three new poke restaurant leases in Los Angeles on behalf of Hoke Poke, OkiPoki and Honeyfish Poke. ...
One of the most exciting mega projects under construction right now in Downtown LA is the massive Oceanwide Plaza being built on Figueroa directly across the street from the Staples Center. ...
“Apple’s going to be massive,” said Justin Weiss, a senior associate for Beverly Hills real estate services firm Kennedy Wilson. “Once that gets announced, the seas will part.”
"Rates on Abbot Kinney are not that far off from those of Melrose Place and Third Street Promenade, which range from $15 to $20 a square foot. Rents have been high on those other streets,” Deschaine said.
“The seller has owned the property for the last 15 years, and the family decided to focus on their primary business,” Ed Sachse, executive managing director of the brokerage group at Kennedy Wilson, tells GlobeSt.com. “I don’t believe that this indicates any type of broader trend.
The sale was negotiated for an undisclosed amount by Ed Sachse—executive managing director of global real estate investment and services firm Kennedy Wilson—and the buyer is international retail real estate investor, CormackHill, LP.