From the August issue: Renovate, lease to Facebook, then sell high. That’s what Vantage Property Investors did with Playa Jefferson, the five-building, 250,000-square-foot creative office campus in the Playa Vista area that’s home to Facebook’s largest office in Los Angeles. Airbnb will throw its annual gala in Downtown Los Angeles this year — with a star-studded guest speaker list that includes Gwyneth Paltrow, Ashton Kutcher and “Eat, Pray, Love” author Elizabeth Gilbert. Greenland USA, whose billion-dollar Metropolis project is the biggest development under construction in Los Angeles, recently filed a request to market 51 Phase II condos to buyers and investors in the Big Apple. [more]
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Los Angeles roundup: Facebook’s LA headquarters sells, Greenland courts New Yorkers … & more
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