Norm's Restaurant is coming to Northridge at the northeast corner of Reseda Boulevard and Vincennes Street. The 24 hour old school diner will be replacing the former site of Acapulco Restaurant & Cantina after 15 years of being in business. The … [Read more...] about Norms Restaurants Comes to Northridge
Gelson’s Calabasas Shopping Center Sold
The Gelson's Shopping Center in Calabasas "SOLD"in July for $39,000,000 which represents $704 per square foot for the market and surrounding retail buildings. Dallas money manager Sarofin Realty Advisors purchased the property from the investment … [Read more...] about Gelson’s Calabasas Shopping Center Sold
New Pacoima Movie Studio Opens
Quixote Studios opened their new $30,000,000 San Fernando Valley facility which has five sound stages totalling 50,000 square feet, 20,000 square feet of office and a cafe. Amazon Studios' "Them:Covenant" is their first tenant. See the Daily … [Read more...] about New Pacoima Movie Studio Opens
Former Fallas Paredes Building Sold!
Paley Commercial Real Estate brokered sale of the former Fallas Paredes Building in Canoga Park not far from Warner Center. The Big Box Retail space of 23,000 square feet on 59,000 square foot of land "SOLD" for $5,815,000.00 to a Buyer who plans on … [Read more...] about Former Fallas Paredes Building Sold!
Rent Control Increase
The City of Los Angeles mandates an increase in rent control for the first time in a decade. The previous 3% increase has been raised to 4% due to higher inflation levels. We at Paley Commercial Real Estate like to keep Commercial Property Owners … [Read more...] about Rent Control Increase
