Real Estate 2017-12-14T18:23:48+00:00

The Commons at Valencia Gateway sold for $33.1M

Harbor Associates, LLC, has added The Commons at Valencia Gateway to its growing Southern California portfolio, the company announced Monday in a news release. In a $33.1 million, all-cash deal, Harbor acquired the 156,628 square-foot office campus on 10.25 acres at 25124 Springfield Court, its 11th acquisition in the last [...]

By | February 19th, 2018|

Hasserjian takes lead at NAI Capital

Eric Hasserjian will join NAI Capital Management as its president and chief executive officer, the property management firm announced Thursday in a news release. Hasserjian, who formerly worked as managing director of asset services for CBRE, Inc., will be based out of the company’s office in West Los Angeles. “Eric’s [...]

By | January 11th, 2018|

Luxury apartments set for Vista Canyon

JPI, a national developer of  multifamily homes, will be building luxury apartments at Vista Canyon, a project by JSB Development under construction in Santa Clarita. The 13.08-acre, 480-home resort-style development is the first multifamily complex in Vista Canyon’s centralized town square and will feature floor plans in studio, one, two [...]

By | December 22nd, 2017|

Westfield Corp. sold for $15.8 billion

A French real estate firm is buying Westfield Corp., the Australian-based owner of Valencia Town Center and 34 other malls, including 15 in California. Unibail-Rodamco, owner of 71 retail centers across Europe, will pay $7.55 in cash and stock for each Westfield share, making the deal worth about $15.8 billion. [...]

By | December 15th, 2017|

LYFE Kitchen closes Valencia outlet, three others

LYFE Kitchen has closed its restaurant in Valencia Town Center and three others, effective Monday. the outlet opened in 2014. The fast casual restaurant featured healthy menu options and touted “balanced flavors from real, high-quality ingredients for the freshest possible meals” on its website. LYFE stands for "Love Your Food [...]

By | November 14th, 2017|

SCV in the mix as L.A. bids for Amazon’s 2nd HQ

As Amazon considers bids from cities around the nation hoping to land the online retailing giant’s second headquarters complex, the Santa Clarita Valley is among the options. The Los Angeles Economic Development Corp. submitted a unified bid with several possible locations. Bids were due Oct. 19. “Based on Amazon’s express [...]

By | October 24th, 2017|

California home sales steady in September

Sales of single-family homes in California were up in September from the previous year, but momentum has slowed due to a shortage of homes for sale and worries that interest rates could rise. Those are among the key findings from a report issued Wednesday by the California Association of Realtors, [...]

By | October 20th, 2017|