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Regular Inspections and Testing Keep Fire Sprinklers Working Properly

Regular Inspections and Testing Keep Fire Sprinklers Working Properly

August 2, 2019

The reliability and effectiveness with which sprinklers operate cuts both the human and financial costs of fires. Here’s how to make sure they will work when needed.

If fire suppression systems don’t operate when they should, both lives and property are put at risk.

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Reports Peg Dalian Wanda’s Sale of One Beverly Hills at $420M

Reports Peg Dalian Wanda’s Sale of One Beverly Hills at $420M

November 16, 2018

One Beverly Hills may finally have a new owner. Chinese conglomerate Dalian Wanda Group has sold the property to London-based Cain International and Beverly Hills-based Alagem Capital Group.

The buyers have reportedly agreed to pay $420 million for the property at 9900 Wilshire Blvd., according to the Wall Street Journal, which cited a source familiar with the matter. Wanda put the property up for sale earlier this year.

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Major Turnaround Coming to California Market Center

Major Turnaround Coming to California Market Center

November 23, 2018

One of the biggest projects in Downtown Los Angeles, in terms of sheer size, is the transformation of the California Market Center. It aims to turn the hulking, 56-year-old complex into a modern mixed-use hub, and expand beyond its traditional tenant base of fashion showrooms by adding creative office space and extensive ground-floor retail.

Although work has already begun, Brookfield Properties, which acquired a stake in the property in 2017, last week finally revealed its full plans for the project, including how it will create more than 1 million square feet of new creative office space.

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