Bianca Barragan

Los Angeles

Writer at Bisnow

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Articles

This Week's LA Deal Sheet: 80K SF East Pasadena Office Lease

6 days ago | bisnow.com | Bianca Barragan

The CFT Foothill Center property at 3465-3475 E. Foothill Blvd. in East Pasadena, California. Landlord CFT NV Developments, a Nevada-based entity with connections to the co-founders of the Panda Restaurant Group and Panda Express, secured agreements for a new office lease and a renewal with two tenants totaling about 80K SF at its CFT Foothill Campus at 3465-3475 E. Foothill Blvd. in East Pasadena.
Irvine Co. Wants To Redevelop Local Golf Course Into Homes

6 days ago | bisnow.com | Bianca Barragan

Irvine Co.'s Oak Creek Golf Club could be redeveloped, along with an adjacent parcel, into a massive new housing development. The Irvine Co. is planning a 3,000-home development in the city of Irvine, with about 1,500 of those homes built on what is now the developer's Oak Creek Golf Club. Another 1,600 residential units would rise on an adjacent parcel previously planned to hold office buildings, The Orange County Register reported.
Los Angeles Affordable Housing Advocates Work To Stay Afloat Amid Likely Funding Cuts

1 week ago | bisnow.com | Bianca Barragan

Los Angeles affordable housing developers have long been fighting an uphill battle to create below-market-rate units for a population that is growing far faster than housing can be built. But with proposed cuts to some programs that provided critical funding, the incline of the hill has gotten steeper. Anticipated cuts to funding for the Section 8 program would affect approximately 59,293 households in the city of Los Angeles that depend on housing vouchers.
DTLA Federal Courthouse On GSA's New 'Accelerated Disposition' List

1 week ago | bisnow.com | Bianca Barragan

The federal courthouse on Spring Street is on the market. The General Services Administration last week listed the federal courthouse at 312 Spring St. in Downtown Los Angeles for "accelerated disposition."The 1930s-era courthouse measures nearly 752K SF in the Civic Center area of Downtown near other federal and county courthouses and government buildings, including City Hall.
Google Teaming Up With Nuclear Project Developer For 3 Sites

1 week ago | bisnow.com | Bianca Barragan

Nuclear developer Elementl Power said Wednesday it will partner with Google to set up three sites for advanced nuclear reactors. Google, along with Meta and Amazon, have increasingly looked to nuclear power as they work to meet the massive energy needs of data centers. “Our collaboration with Elementl Power enhances our ability to move at the speed required to meet this moment of AI and American innovation,” Amanda Peterson Corio, global head of data center energy at Google, told CNBC.
Leasehold For 5-Building DTLA Campus The Park For Sale

1 week ago | bisnow.com | Bianca Barragan

The leasehold of a five-building Downtown Los Angeles office park is up for sale. The property at 201 to 281 S. Figueroa St. offers roughly 280K SF and 400 secured parking spaces in Downtown LA. The leasehold is listed by Park at DTLA LLC, which purchased it in 2022 for $1.5M, according to eXp Commercial Director of Leasing and Sales Tony Wood in an interview with Bisnow.
What's A Bonded Warehouse? What To Know About The Spaces That Let Shippers Skip Tariffs

1 week ago | bisnow.com | Bianca Barragan

Shippers of all stripes have scrambled for the last month as the Trump administration’s blistering tariff regime came into clearer focus, seeking ways to blunt the impact of steep levies imposed on every major trade partner. One solution in particular has emerged, with industrial users hunting for access to a small and dwindling pool of property.
BKM, Kayne Anderson Launch $1.5B Light-Industrial Investment Partnership

2 weeks ago | bisnow.com | Bianca Barragan

Smaller warehouses are the focus of the new partnership. BKM Capital Partners and Kayne Anderson Real Estate, the real estate investment arm of alternative investment management firm Kayne Anderson, have formed a $1.5B joint venture partnership targeting light industrial real estate. The $1.5B commitment from Kayne Anderson Real Estate will focus on the acquisition and repositioning of small bay and mid-bay industrial properties, according to a release from the partnership.
Burlington, Other Retailers Snag Joann Store Leases

2 weeks ago | bisnow.com | Bianca Barragan

Joann's closures have created opportunities for some retailers, including Burlington, to swoop in on the real estate. As retailer Joann works its way through bankruptcy, other retailers have called dibs on some of the craft store's locations. Burlington has signed up to assume 45 leases of former Joann store locations, according to a Monday court filing. Burlington will move in as soon as this month to some locations, which span the country.
With Troubles Piling Up, LA's Hotels Are Fighting To Stay Alive Through '25

2 weeks ago | bisnow.com | Bianca Barragan

A minimum wage hike for Los Angeles hospitality workers looms as the city’s tourism industry prepares to host a nonstop roster of high-profile international sporting events. With the city still reeling from January’s devastating fires and persistently depressed tourism, many in the hotel industry are concerned the hotel landscape may be lacking come kickoff.