Feb. 26, 2026 6:21 AM PT <\/p>\n
Developer Kali P. Chaudhuri has agreed to purchase downtown Los Angeles\u2019 unfinished Oceanwide Plaza for $470 million. The partnership plans to remove the complex\u2019s extensive graffiti<\/a> and complete the $1.2 billion residential and retail project. Meanwhile, Public Storage is moving <\/a>its corporate headquarters from Glendale to Frisco, Texas, after more than 50 years in California. The relocation follows the enactment of Senate Bill 709, which regulates self-storage rent disclosures. Public Storage joins a growing list of major corporations, including Chevron and Tesla, that have recently exited the state.<\/p>\n","protected":false},"excerpt":{"rendered":"Feb. 26, 2026 6:21 AM PT Developer Kali P. Chaudhuri has agreed to purchase downtown Los Angeles\u2019 unfinished…\n","protected":false},"author":2,"featured_media":194971,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[7,90800,91093,89336,10407,80556,48,52,51,47,50,49,63,91092,88299,50811,91094,3287,564,72],"class_list":{"0":"post-194970","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-los-angeles","8":"tag-california","9":"tag-corporate-headquarters","10":"tag-enactment","11":"tag-frisco","12":"tag-glendale","13":"tag-graffiti-towers","14":"tag-la","15":"tag-la-headlines","16":"tag-la-news","17":"tag-los-angeles","18":"tag-los-angeles-headlines","19":"tag-los-angeles-news","20":"tag-los-angeles-times","21":"tag-oceanwide-plaza-sold","22":"tag-public-storage","23":"tag-relocation","24":"tag-self-storage-rent-disclosure","25":"tag-senate-bill","26":"tag-texas","27":"tag-year"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/194970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=194970"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/194970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/194971"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=194970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=194970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=194970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}