April 18, 2025 - 05:26
The City of Manhattan Beach has finalized the purchase of the former U.S. Bank site, situated in the heart of downtown next to Von’s, for a substantial $13 million. This strategic acquisition marks a significant investment in the city's future, as local officials aim to enhance the downtown area and promote economic growth.
The property, which has been a focal point in the community, is expected to undergo development that aligns with the city's vision for a vibrant urban environment. City leaders have expressed their commitment to revitalizing the downtown area, creating more space for local businesses, and improving public amenities.
This investment is part of a broader initiative to bolster the local economy and attract visitors to the area. With its prime location, the new property is poised to become a key asset for future development projects that will benefit residents and tourists alike. The city is optimistic about the opportunities this purchase will bring, reinforcing Manhattan Beach's reputation as a desirable destination.
August 1, 2025 - 02:33
Invesco Real Estate Appoints Kim Hourihan as Head of Global StrategyInvesco Real Estate has announced the appointment of Kim Hourihan as its new head of global strategy. Hourihan, who previously served as the Chief Investment Officer at CBRE, brings a wealth of...
July 31, 2025 - 02:23
European Real Estate Investors Hit the Brakes Due to Tariff UncertaintyPresident Donald Trump’s sweeping tariff threats have created significant uncertainty, causing many European real estate investors to pause their activities. After a challenging period marked by...
July 30, 2025 - 18:18
Historic Ranch on the Market for $14.85 MillionA remarkable piece of history has hit the market, as a ranch in the Golden area, owned by the same family since 1911, is now available for purchase at $14.85 million. This expansive property is one...
July 30, 2025 - 06:37
Hulk Hogan's Impressive Real Estate Holdings Uncovered After His PassingHulk Hogan, the legendary professional wrestler, has left behind an astonishing real estate portfolio valued at approximately $11 million following his death at the age of 71. Throughout his...