Michael Aushenker
Staff Reporter
Phone: 818-316-3123
Recent Stories
Warner Center Site to Host Five-Story Apartment Building
A five-story, 310,490-square-foot multifamily structure —featuring 275 residential units and 418 parking spaces — is planned for an industrial site at 21001 W. Kittridge St. in Woodland Hills, according to Urbanize.LA.
Calabasas Office Building Sells for $11 Million
A building at Corporate Center Calabasas has sold for $11 million, brokerage CBRE Group Inc. announced Tuesday.
Armenian Nonprofit to Rehab Defunct Fire Station
Glendale-based Armenian Cultural Foundation plans to convert a defunct, single-story Encino fire station into a cultural center.
Valley Economic Forecast: Sunny With Higher Growth
Forecasters have upgraded their predictions for the San Fernando Valley during 2018, Matthew Fienup, executive director of the Center for Economic Research and Forecasting at California Lutheran University, announced Wednesday at a breakfast organized by the Business Journal.
Tarzana Multifamily Trades for $11.3 Million
A 52-unit apartment complex at 6251-6267 Reseda Blvd. in Tarzana has traded hands for nearly $11.3 million, or $216,346 per unit.
Reseda Retail Property Sells for $3.8 Million
In Reseda, a 10,873-square foot retail property has sold for $3.8 million, according to James Brian Markel, regional manager of the Encino office of brokerage Marcus & Millichap Inc.
French Transport Conglomerate Buys Camarillo Bus Company
French firm RATP Dev USA has purchased Camarillo’s Roadrunner Shuttle for an undisclosed amount, according to local reports.
A Market Ripe for Vineyards
$150 million Porter Ranch project will feature 266 apartments, movie theaters, hotel and retail on 45 acres.
$150 million Porter Ranch project secures three more tenants.
Spicing Up Dessert
Wanderlust Creamery takes a global approach to selecting flavors for ice cream.
Wanderlust Creamery offers frozen treats.
Top-Tier Malls Elevate Retail Lease Rates
rend: In L.A. County, average rents have risen 4.5 percent in last year.
Retail lease rates rise because of top-tier malls.