Category Archives: Apartments

New Whole Foods for Burbank in 241 Unit Mixed Use Apartment Complex

Burbank apartments and net leased retail

It took developer Michael Cusumano two years to get this through Burbank’s planning commission and city council, and despite the objections of Burbank’s mayor, the project finally got approved. Residents complained as always that the project will jack up traffic flow. The developer will have to drop $250,000 to go toward ‘traffic calming’ measures and…

New Six 254 Unit Story Mixed Use for Reseda

Los Angeles net leased retail property

We haven’t seen much new for Reseda in decades so this is a significant start. Now that the LA river waterfront is beginning the process of partial deconstruction with a planned continuous landscaped riverfront complete with walking and biking paths we’ll begin to see a revitalization of mixed use retail and multifamily condo and apartment…

Downtown Los Angeles Commercial Development Recap

Downtown Los Angeles News (DTNews) just recapped the truly mega number of commercial developments underway or in planning stages for downtown for a total of 94 today with 14 of those added since late spring. Plans are for at least 3,000 new residential units, Condos and apartments, in just the 14 new projects announced since…

Columbus Ranked 8th for Economic Growth

The U.S. Bureau of Economic Analysis ranked Columbus, Ohio eighth for economic growth according to new data that takes a fresh look at economic output generated by individual U.S. metro areas. Columbus came in at nearly double the national average of 1.7 percent with 3.2 percent GDP growth since 2012 “The metros where economic output…

Mixed Use Development Proposal for Clintonville Olympic Swim Club Site

multifamily apartments, net leased retail

No, it’s not a proposal for Columbus to host the 20xx Olympics, but it is a large 152 unit mixed use development with ground floor mixed use retail and possibly office with three floors of multiunit residential on top in Clintonville to be named the Olympic.  And finally something a little different in architecture for…

1200 Fig With 648 High End Condos Reveal Today

los angeles net leased retail

648 condos in the twin 35 story towers will sit above eight stories of retail, parking and electronic signage in place of the two huge surface parking lots that face Staples Center now. The condos will range in size from 750 square feet to over 4,000.  A hotel may also be part of the project…

Dublin, Ohio Arthritis Foundation Charity Car Show

For the 32nd annual show there was a record turnout last weekend with around 1,400 cars present, including me of course.   The perfect weather with no rain and moderate temperatures surely helped. As I’ve written about here many times, Dublin, Ohio has some big plans ahead for the revitalization of Dublin Granville Road from Sawmill…

Ohio State University South Campus Gateway Expansion.

columbus commercial real estate for sale and lease

Ohio State University plans to start the rezoning process for the Campus Partners for Community Urban Redevelopment properties on 7 acres immediately south of the existing South Campus Gateway.  This will be mixed use including ground floor retail with office space and residential above. The rezoning process will begin next month and is expected to be…

Construction Well Underway for the Worthington Road Extension

Westerville net leased retail

Work began a couple of months ago on the Worthington Road extension that will run from Polaris Parkway at the top of the photo south to County Line Road at the bottom of the photo. Design of the $6.3 million project began in 2012 with completion expected by November of this year. Utilities and sewer…

Update Regarding Measure R2 Draft Proposal For Los Angeles Transit Projects

Los Angeles commercial real estate for sale and lease

I’m getting off of the topic of Los Angeles commercial real estate for sale and lease a bit.  Transportation in and around Los Angeles is of extreme importance if we’re going to have a thriving commercial real estate market well into the future when the population of LA county is expected to rise by another two…

Three Billion Dollar expansion planned for Warner Center

Los Angeles commercial real estate for lease

Boston Global Investors has been hired to develop a master planned development for the 47 acre Rocketdyne site into a self sustaining 24/7 neighborhood. The development will add more than five million square feet of space to Warner Center, including over 200,000 square feet of Los Angeles net leased  retail commercial real estate for lease….

Proposals for Columbus Convention Center Excess Property

Columbus net leased retail

Proposals from four developers have proposed hotels for the wedge shaped ground level parking lot directly across from the convention center on Goodale.  Wagenbrenner, Pizzuti, Starwood and a joint proposal from CoProposals from four developers have proposed hotels for the wedge shaped ground level parking lot directly across from the convention center on Goodale. Wagenbrenner,…

March 2014 – Commercial Construction Update for Columbus and Central Ohio

I’ll link shortly to Walker Evans at Columbus Underground for his summary of the current progress of Columbus commercial real estate for sale and lease. True, the weather has had huge effect on many of these projects, but now that hopefully it’s getting warmer, there will be much progress in the coming months.  We sure…

Grove Owner Rock Caruso Has Big Plans for the Village of Pacific Palisades

Our wealthy west side enclave of Pacific Palisades has been getting a little tired looking over the last 30 or 40 years and is in dire need of some sprucing up.  So in comes successful Los Angeles developer Rick Caruso who developed the Los Angeles commercial real estate net leased oasis named the Grove in…

Westerville Planning Commission Turns One Down

On February 26th , the Westerville Planning Commission voted down by  4 – 2 a proposal from Romanelli and Hughes for rezoning a 23.6 acre parcel at 645 and 655 N State from Rural Residential to Planned Neighborhood District. The project was going to be a mixed multifamily and single family development of a 141…

Casto’s 392 Apartment Complex Slated for Dublin’s Bridge Street District

Casto's 392 Units in Dublin Ohio

 A 392 unit apartment complex named Tuller Flats to be located on an 18 acre parcel off of Tuller Road near Lexus of Dublin went before the City of Dublin Ohio planning Commission on the 20th. The proposed development would be comprised of 30 three and four unit buildings around a clubhouse and green space. …

Large Mixed Use Project for West Hollywood

Los Angeles Commercial Real Estate for lease

Developer Avalon Bay Communities and architects MVE partners will be building a 371 unit apartment complex over 32,300 square feet of net leased retail on the site of the old Movietown Plaza, which was demolished a month ago at Santa Monica Blvd. and Poinsettia. Included will be two market rate and one income and age…

New Hollywood High Rise Commercial Real Estate Developments at Earthquake Risk

New California geological maps released last week show that several new Hollywood commercial real estate developments are within the 500′ fault zone if not right on top of the fault line. The new maps show the Hollywood fault, which runs from Atwater Village and Los Feliz through a redeveloping section of central Hollywood and then…

Columbus Short North, triple Net Retail Restaurant Tenant Signs Early for Fireproof Records Project

The Columbus based pizza chain, Pies and Pints, has leased 4,500 square feet of Columbus commercial retail real estate  at 1024 N High in the Short North. The Short North was on the wish list for Pies and Pints since Rob Lindeman and Lexington, Ky.-based Blue Fire Capital bought the existing two-restaurant chain in 2011.  The…

Columbus Mixed Use Retail, Office and Apartment Development Ground Breaking Monday

A 12 story mixed use Columbus, Capital South development scheduled for ground breaking Monday.  Actually, given the weather forecast for Monday, ground breaking may have to be delayed for a few days. Daimler Group and Kaufman joint venture had had acquired the land at 250 S High Street for $1.5 million from the Columbus Capital…