The new owners of the former Los Angeles Times plant in Costa Mesa say they are looking to redevelop the property with a mix of creative office space, retail and a food hall. The deal is the first partnership between SteelWave and Invesco, a global real estate investment manager. Tribune Real Estate and Kearny had planned to pump $100 million into revamping the facility. File illustration A rendering shows the Press, an office makeover of the former Los Angeles Times plant in Costa Mesa that was planned by the former property owners. A rendering shows the Press, an office makeover of the former Los Angeles Times plant in Costa Mesa that was planned by the former property owners.

Source: Los Angeles Times November 29, 2017 00:45 UTC