Press
Tribune Media/Kearny Real Estate Sells California Property for $65 Million
“Tribune Real Estate Holdings, a subsidiary of Tribune Media Company (NYSE: TRCO), and Kearny Real Estate today announced the sale of a 24-acre property in Costa Mesa, California, for approximately $65 million, to a joint venture that includes SteelWave, LLC.” read more
– Tribune Media
Exclusive Q&A: Kearny Real Estate Company’s Hoonie Kang Talks About The Firm’s Latest Projects
“Kearny Real Estate Co partner Hoonie Kang, who has been with the company for 15 years, sees less risk-taking as the end of the cycle nears, but the firm’s overall strategy to find value-add opportunities won’t change. He is among the all-star panelists scheduled to speak at Bisnow’s Los Angeles Capital Markets Forum starting at 7:30am…” read more
– Los Angeles Times
Former LA Times Plant Gets $100M Transformation into Creative Workspace
“The former site of the Los Angeles Times building in Costa Mesa is expected to be transformed into a creative office space dubbed The Press, with a focus on luring large companies to the area. Kearny Real Estate Co., with offices in San Diego and Los Angeles, is investing over $100 million to transform the 300,000-square-foot facility into office and recreational space…” read more
– Los Angeles Times
Emerald Plaza Tower Sold for $92 Million to Los Angeles Company
“The distinctive Emerald Plaza office tower in downtown San Diego was purchased for $91.7 million by Los Angeles-based Kearny Real Estate, the company announced Wednesday. The transaction involves the 364,000 square feet of office space in the building that fills a city block at 402 W. Broadway, but not the 436-room Westin Hotel. Kearny Real Estate…” read more
– Los Angeles Times
Storied Downtown SD Highrise Sold
“Downtown’s Union Bank Building, a pioneer of the burgeoning B Street skyscraper corridor of the 1960s, has changed hands. And the Los Angeles-based buyer, Kearny Real Estate, is finalizing $15 million in freshening-up plans aimed at attracting Gen Y startup entrepreneurs. Opened in 1966 at 530 B St., the 24-story building was sold by Union Bank of California…” read more
– Los Angeles Times