News

Arise Investments sold 517 W. 117th Street, a six-unit, townhome-style apartment property with excess land in South Los Angeles, for $1.5 million.

Arise Investments, with HVN Development and Innova Capital Group, completed The Stride, a new 45-unit apartment community at 8733 Reading Avenue in Westchester, Los Angeles.

Arise Investments, Oak Park Investments and Nelnet Real Estate Ventures acquired Guitar Center’s Westlake Village headquarters for $19.3 million in a sale-leaseback.

Arise Investments and Innova Capital Group acquired Mountain View Plaza, a 26,000-square-foot multi-tenant retail center in Phoenix, for $6 million.

Arise Investments and Snow Creek Group acquired a 79,000-square-foot truck terminal and cross-dock facility in Nogales, Arizona, for $7.65 million.

Arise Investments completed Park View Lofts, five new three-level townhomes with three and four bedrooms and private rooftop decks at 257 S. Park View Street in Westlake.

Arise Investments completed The Monarch, a new 29-unit apartment building with one- and two-bedroom residences at 212 N. Mariposa Avenue in Los Angeles.

Arise Investments signed SURA KBBQ, a 4,500-square-foot all-you-can-eat Korean barbecue restaurant, at its building in The Mix at Millenia in Chula Vista.

Arise Investments signed Common Theory Public House, a 4,500-square-foot craft beer gastropub, at its building in The Mix at Millenia in Chula Vista.

Arise Investments and HVN Development acquired two triplexes at 8733 and 8739 Reading Avenue in Westchester from a distressed seller for $2.4 million.

Arise Investments acquired 13925 Sherman Way, a 30-unit multifamily property in Van Nuys, for $8.09 million.

Arise Investments acquired a development site at 257 S. Park View Street in Los Angeles for $850,000, with plans for five luxury townhomes.