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June 2018 Archives

Properties with commercial leases to be impacted by blockchain

The real estate market in Los Angeles and elsewhere continues to change thanks to the advancements being made in technology. A particular change that appears to becoming to real estate is the increasing use of cryptocurrency. This form of currency may come in handy not only for residential real estate but also for purchasing properties featuring commercial leases.

Building featuring commercial leases purchased for over $130M

A large office campus that eBay occupies in San Jose, California, was recently purchased. The sale price for the building featuring commercial leases was over $130 million. Investors with ties to another country completed the major purchase, the likes of which are continuing to draw attention throughout the Golden State, including in Los Angeles.

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