Marc Brutten, founder of Westcore and the redevelopment site (Credit: Google Maps) Investment firm Westcore Properties has landed a $100-million loan to build a massive car dealership and rental facility at a large industrial property it purchased in Azusa in February. Bank of America provided the financing. Westcore wants to build the dealership and rental […]
AT&T shops massive industrial portfolio spanning LA and beyond
Randall L. Stephenson, chairman and CEO of AT&T Inc. (Credit: Google Maps) AT&T wants to dial into L.A.’s industrial market dominance. The Dallas-based telecommunications conglomerate is selling a big portfolio with 33 industrial redevelopment sites in submarkets around Los Angeles, San Francisco, San Diego, Houston and Austin. A source familiar with the properties told TRD that the […]
Urban Offerings partnership will start work on Dearden’s redevelopment in DTLA
Esi Ventures Farshad Asherianurban, Urban Offerings Dean Nucich, and a new rendering of the redevelopment (Credit: Nephew) A joint venture will start work on its vision to transform a 100-year-old building Downtown into a mixed-use space with offices, restaurants and retail. Urban Offerings and ESI Ventures are redeveloping the Dearden’s property at 700 S. Main […]