May 30, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Former Howard Hughes Center Sells for $80 million

TTM Real Estate Capital buys HHLA for $80 million

By Dolores Quintana

HHLA, formerly known as The Promenade at Howard Hughes Center, is an open-air entertainment destination with restaurants and a Cinemark 18 and XD theater that has been sold for $40 million less than the previous buyer purchased it for in 2015 as reported by Bisnow.com. Laurus Corp. and Torchlight Investors bought the commercial building at 6081 Center Drive for $111 million. They also invested $35 million to renovate the site, a process that wasn’t completed until 2020. 

TTM Real Estate Capital bought the HHLA for $80 million and announced the sale on Thursday according to a source that spoke to Bisnow. Cannon Commerical is TTM’s parent company and a real estate investor and commercial management company in Los Angeles.  

They also announced that two new tenants would be joining HHLA, 60out Escape Rooms, a unique and interactive live-action adventure game experience with multiple locations, and the Muhammad Ali Experience whose website says, “Step into the ring and go toe-to-toe with the legend. MAE offers a world-first opportunity to immerse yourself into the life and legacy of Mohammed Ali.”

There was no information about the lease or terms of the purchase made available to the public.

Related Posts

Defensible Space, Defined: How A Plus Tree Protects Communities from Wildfire

May 30, 2025

May 30, 2025

In the wildfire-prone landscapes of the Western United States, safeguarding homes and communities requires proactive measures. A Plus Tree, a...

WeHo Pride Weekend Begins and 2025 Icons Announced: Parades, Concerts, and Community Celebration Kicks Off

May 30, 2025

May 30, 2025

Three-Day LGBTQ+ Festival Features Performances by Lizzo, Maren Morris, and Kim Petras West Hollywood is preparing to kick off its...

Palisades Village to Reopen in 2026 with Revamped Retail, Dining, and Community Spaces

May 29, 2025

May 29, 2025

Elysewalker Set to Return With Park Reconstruction, Holiday Events, and Streetscape Upgrades Palisades Village, the open-air shopping and lifestyle destination...

Bel Air Seventh Grader Reaches Finals of Scripps National Spelling Bee

May 29, 2025

May 29, 2025

Oliver Halkett of Mirman School Competed on Thursday for a $50,000 prize Thirteen-year-old Oliver Halkett, a seventh grader from Mirman...

(Video) Signs That Your Aging Loved Ones Are in Need of Caregiving

May 29, 2025

May 29, 2025

To Find Out More, Go To Safelyhomeagain.com To Find Out More, Go To https://t.co/ZCPyKHj5aq pic.twitter.com/cDTEPjfA6s — Westside Today (@WestsideLAToday) May...

Two Men Charged in Culver City Kidnapping and Robbery After Victim Forced to Withdraw Cash

May 29, 2025

May 29, 2025

Suspects Allegedly Abducted Man at Gunpoint, Drove Him to Multiple Banks  Two men have been arrested and formally charged in...

Salt & Straw Unveils Summer Pie Series with Five Seasonal Ice Cream Flavors

May 29, 2025

May 29, 2025

Five New Flavors Inspired by Classic Summer Pies Will Be Introduced Salt & Straw is giving summer a scoopable twist...

(Video) Interviews with Rick Caruso and Elyse Walker, with a Dennis Quaid cameo

May 28, 2025

May 28, 2025

We spoke at the Press Conference to announce plans to reopen Palisades Village Shopping Mall. Actor Dennis Quaid arrives to...

Levain Bakery Debuts ‘Levain à la Mode’ with Local Ice Cream Partners for Summer

May 28, 2025

May 28, 2025

Seasonal Offering With Wanderlust Creamery is a First in Cookie Shop’s History For the first time in its three-decade history,...

Beverly Glen Sixth Grader Advances to Finals of National Student Cook-Off

May 28, 2025

May 28, 2025

Twelve-Year-Old Heads to Virginia to Compete in K12 Culinary Competition Abijah Levy Minor, a 12-year-old student from Beverly Glen, has...

Sarah Paulson to Host Charity Bingo Night for Pasadena Humane Society on June 5

May 28, 2025

May 28, 2025

Evening of Food, Wine, and Live Music to Raise Funds for Animal Rescue Efforts Emmy-winning actress Sarah Paulson will host...

Bay Cities Italian Deli Responds to Health Code Closure, Commits to Corrective Action

May 28, 2025

May 28, 2025

Santa Monica Landmark Disputes Rodent Claims but Acknowledges Violations Bay Cities Italian Deli, a Santa Monica staple renowned for its...

Film Review: Bring Her Back

May 28, 2025

May 28, 2025

By Dolores Quintana Grief is the price of love.  Danny Philippou and Michael Philippou’s second feature film, Bring Her Back,...

County Assessor Stresses Need For Fire-Affected Households to Update Addresses to Receive Relief Checks

May 28, 2025

May 28, 2025

Assessor’s Office Offers Automatic Tax Relief for Fire-Affected Homeowners Following the destruction caused by wildfires earlier this year, the Los...

Caltrans Schedules Public Meeting for $143.7 Million I-405 Rehabilitation Project

May 28, 2025

May 28, 2025

Virtual Forum Set to Brief Residents on Upcoming Construction The California Department of Transportation (Caltrans) will hold a virtual public...