Universal Music Group CEO Lucian Grainge and a rendering of Colorado Campus Building B Universal Music Group is close to leasing another building at the renovated Colorado Campus in Santa Monica, The Real Deal has learned. The company’s expansion — it will take an additional 33,140 square feet — comes at a time when some […]
Lincoln Property Co. puts Blackwelder office campus in Culver City on market
Blackwelder office campus and LPC’s David Binswanger Lincoln Property Co. has put its 19-building office campus, known as Blackwelder, in Culver City on the market, The Real Deal has learned. Sources said the first round of bids closed last week. It could fetch as much as $150 million, they added. Blackwelder is an adaptive reuse […]
Colony Capital sells massive industrial property in Inland Empire
From left: Colony Capital’s Tom Barrack, 8250 Milliken Avenue and Lincoln Property Co.’s David Binswanger (Credit: Getty Images, Google Maps) Colony Capital has sold a massive four-property industrial portfolio in the Inland Empire, the latest indication it is looking to sell its entire industrial holdings. Colony sold a 745,580-square-foot portfolio in Rancho Cucamonga to Lincoln […]
Big ticket item: Campus @ Warner Center hits market for $215M
LPC’s David Binswanger, Angelo Gordon’s CEO Michael Gordon and the property (Credit: Yardi Matrix) As multifamily developers and commercial firms flock to Warner Center, one joint venture is looking to cash out. Lincoln Property Company and Angelo Gordon have put their sprawling office campus, dubbed Campus @ Warner Center, on the market for $215 million, […]
Still on the market, Warner Center tower will get $50M creative office conversion
LPC West’s David Binswanger and Rob Kane The planned reposition of a 14-story Warner Center office tower will look to take advantage of the growing creative office trend, likely making the on-the-market building more attractive to potential buyers. Lincoln Property Company, working with the building owner Abraham Lerner, will embark on a $50 million reposition, […]