Agoura Hills Office Campus Sells for $18.5 Million

Platinum Court, a two-building suburban office campus in Agoura Hills, has sold for $18.5 million, according to Calabasas-based brokerage Marcus & Millichap Inc.

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Partners Pay $37.4 Million for Burbank Post-Production Facility

A partnership of Cruzan and Independencia Asset Management paid $37.4 million for a post-production facility in Burbank.

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Valley Economic Alliance Headquarters Building Sells for $7 Million

The office building that hosts the headquarters of the Valley Economic Alliance in Van Nuys has sold for $7 million, according to brokerage CBRE Group.

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Santa Clarita Multifamily Sells for $54 Million

The Retreat, 148-unit apartment complex in Santa Clarita, has sold for $54.1 million, according to Calabasas-based brokerage Marcus & Millichap Inc., which negotiated the sale.

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Valencia Apartment Complex Sells for $62 Million

Madison at Town Center, a 130-unit apartment complex in Valencia, has sold for $62 million.

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NewMark Merrill Hires New Controller, Creates Director of Finance Position

NewMark Merrill Cos., a Woodland Hills-based retail center owner, announced Wednesday the hiring of a new controller and the creation of a new director of finance position.

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RentSpree Waives Screening Fees for Displaced Hurricane Victims

Sherman Oaks tenant screening service RentSpree will waive application fees for victims who need to rent property after facing evacuation and/or property damage from Hurricane Ida.

Rexford to Reposition Buildings Near Van Nuys Airport

Rexford Industrial Realty has made the off-market acquisition of an industrial property in Van Nuys for $12.4 million.

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PS Business Parks Buys Texas Complex for $123 Million

PS Business Parks Inc. in Glendale has paid $123 million to purchase Port America, a 717,735-square-foot multi-tenant industrial complex near Dallas.

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Encino Investment Firm Sells Washington State Apartments for $75 Million

New Standard Equities, an Encino-based multifamily property company, announced it completed the sale of Atlas Apartment Homes in Port Orchard, Wash., for $75.2 million.

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Aeroplex Group Finishes $16.8 Million Development at Van Nuys Airport

Aeroplex Group Partners has completed a $16.8 million development project at Van Nuys Airport.

Preview: Sky High Homes

As housing prices go up, the top of the market rises even faster.

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B. Wayne Hughes, Public Storage Co-Founder, Dies at 87

B. Wayne Hughes, the entrepreneur behind three publicly traded companies in the Valley region, has died at age 87.

Tutor Perini Joint Venture Awarded $98.3 Million Contract

The Black Construction-Tutor Perini joint venture has landed a $98.3 million fixed-price contract for the construction of a bachelor officer quarters at Marine Corps Base Camp Blaz in Guam.

FreMantleMedia Leases Production Complex

The U.S. arm of London-based entertainment giant FremantleMedia has signed a long-term lease at a new studio space that will be built in Atwater Village.

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