William J. Drewes, Andrew Ouvrier, and Kevin Bender A handful of Los Angeles commercial real estate veterans have jumped ship, lured away by rival firms. Jones Lang LaSalle hired veteran tenant specialist Kevin Bender away from CBRE, making him managing director and market lead for its Integrated Portfolio Services group covering the Southwestern U.S. The […]
Tesla will close stores, lay off staff as carmaker goes online
Elon Musk (Credit: Getty) Tesla is closing down its dealerships and will sells its cars solely online, the company said this week. The decision was made to cut costs in order to release its mass-market vehicle, the $35,000 Model 3, according to TechCrunch. The move is among several cost saving measures that will allow the […]
Playing this video game taught a generation of planners how to design cities
Screenshot from Sim City 4 (Credit: Microsoft) When the city-building game “Sim City” was released in 1989, video games were largely considered a leisure activity at best. But the groundbreaking city-planning simulator has influenced scores of players to become city planners, transit advocates and to run for office over the years. These professionals told the […]
Is co-working’s latest amenity onsite doctors?
Eden Health CEO Matt McCambridge and Convene CEO Ryan Simonetti (Credit: iStock) Beer on tap, fitness centers, child care…and now doctors? Amenities in co-working spaces have evolved as the concept has grown more popular, and now one firm wants to add onsite health care to the mix. Co-working firm Convene and Eden Health — a health […]
Aby Rosen’s RFR Holding nears deal to buy Chrysler Building: sources
The Chrysler Building at 405 Lexington Avenue and Aby Rosen, co-founder and principal of RFR Holding (Credit: iStock) Aby Rosen’s RFR Holding is in advanced talks to purchase the Chrysler Building, one of the world’s most recognizable skyscrapers, The Real Deal has learned. A purchase-sale agreement between RFR and the sellers, Tishman Speyer and an Abu Dhabi […]
LA is top target for US real estate investors in 2019: report
Los Angeles has been the top target for commercial real estate investment in the country since 2016 (Credit: Wikipedia and iStock) Despite signs of a slowing housing market and other warning lights in the real estate market, Los Angeles remains the top target for commercial investment among metro areas. That’s according to CBRE’s newly-released Investor […]