Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown
Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...
Affirmed Housing, MTS Announce Groundbreaking on $116MM, 147-Unit Spring View in La Mesa
Two six-story buildings with studios through three-bedroom apartments for households earning 30 to 60 percent of area median income are rising at the...
Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM
Nearly nine years after Kmart closed its Valencia store, a Glendale investor has bought the 80 percent occupied, 120,559-square-foot center for $27.5 million,...
39-Unit Molokai Apartments Near SDSU Trade for $11.2MM
San Diego's push to allow a 322% housing increase in College Area gives the Molokai's new owner a long-term case beyond its own...
Private Investor Buys 59,000 SQFT Summit III at Valencia Office Building for $10.8MM
A nearly full suburban office building in the Santa Clarita Valley has traded for $10.8 million, the second Valencia office sale CBRE has...
Sunroad Enterprises Sells Fully Leased 24,000 SQFT Sunroad Plaza in Vista to All-Cash Institutional Buyer
Sunroad Enterprises has sold Sunroad Plaza, a fully leased 23,540-square-foot drive-thru retail center at 485 Hacienda Drive in Vista, to an all-cash institutional...
California Gold Development Buys Sprouts-Anchored 44,000 SQFT Victorville Retail Building for $9.3MM
Five bidders competed for a Sprouts-anchored building in Village Center next to Interstate 15, and the Sonora-based buyer won at $9.3 million, about...
Pistola Denim Leases 18,000 SQFT at Atlas Capital’s ROW DTLA, Pulling Creative Team Out of Vernon
Womenswear label Pistola Denim is relocating its design and creative operations from a Vernon warehouse to a 17,922-square-foot office at ROW DTLA, deepening...
Sorenson Engineering Pushes New Building, Setback Variance at Yucaipa Micro-Machining Campus
The precision-parts maker, a Yucaipa fixture since the 1950s, wants the city to amend the long-running permit governing its industrial campus and grant...
Los Angeles Leads Southern California Construction Pay, Trailing the Bay Area in Real Wages
A Construction Coverage analysis of federal wage and cost data put Los Angeles atop Southern California for cost-adjusted construction pay at $61,295, with...
Costco Pays Brookfield $260MM for 114-Acre Menifee Site to Build 1.26MM SQFT Dry and Cold Depot
Costco Wholesale paid Brookfield Properties $260 million for about 114 acres of entitled land in the Menifee Valley Business Park, where the retailer...
CIP Real Estate Acquires 200,000 SQFT Walnut Tech Business Center for $60.65MM in Walnut
Irvine-based CIP Real Estate paid roughly $303 per square foot for an 11-building, 109-suite small-bay park at Valley Boulevard and Lemon Avenue, buying...
Los Angeles Leads Southern California Construction Pay, Trailing the Bay Area in Real Wages
A Construction Coverage analysis of federal wage and cost data put Los Angeles atop Southern California for cost-adjusted construction pay at $61,295, with...
Record $2.26T Exit Wave Largely Bypasses Los Angeles as Bay Area, Dallas Grab the Spoils
A record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 flowed overwhelmingly to the Bay Area and a...
Pentagon Steers $29.3MM to California Base Towns for Jolon Road, Edwards Training Hangar and Twentynine Palms Access
The Department of War committed $29.3 million in Defense Community Infrastructure Program grants to three California base communities, bankrolling a rebuild of the...
Santa Ana Rent Control Accelerated Rent Growth in Regulated Units, Beacon Economics Study Finds
Rents in Santa Ana's rent-stabilized apartments grew faster than those in the city's newer, unregulated buildings after the city's 2021 Rent Stabilization Ordinance...
California Regains Job Momentum in August as Shrinking Labor Force Clouds Outlook
California's labor market rebounded in August with 39,400 new nonfarm jobs and an upward revision to July's tally, yet a continued contraction in...
KB Home Blames Southern California for Q4 Guidance Cut as Sales Slow and Openings Slip
Los Angeles-based KB Home lowered its fourth-quarter pricing and margin expectations and named its Southern California operations as the main cause, citing slower...
Southern California Commercial Real Estate News
Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown
Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...
Imperial County Reverses California’s Largest Data Center as Water Fight Heads to Court
Two months after approving a nearly 1 million square foot hyperscale campus, Imperial County reversed course with a moratorium, drawing a lawsuit from...
San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout
A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...
Los Angeles Leads Southern California Construction Pay, Trailing the Bay Area in Real Wages
A Construction Coverage analysis of federal wage and cost data put Los Angeles atop Southern California for cost-adjusted construction pay at $61,295, with...
San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout
A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...
Broadcom Acquires Its 661,000 SQFT Irvine Headquarters Campus from PRP Real Assets for $325MM
The Palo Alto-based chipmaker converted from tenant to owner of its Irvine Spectrum headquarters, paying $325 million to landlord PRP Real Assets—roughly $492...
Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown
Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...
San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout
A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...
Midway Rising’s $3.9B San Diego Redevelopment Clears Sacramento as Risk Shifts From Courtroom to Capital Stack
Two bills enrolled in the final hours of California's legislative session would retire the environmental litigation risk that has stalled the 48-acre Sports...
California Gold Development Buys Sprouts-Anchored 44,000 SQFT Victorville Retail Building for $9.3MM
Five bidders competed for a Sprouts-anchored building in Village Center next to Interstate 15, and the Sonora-based buyer won at $9.3 million, about...
Imperial County Reverses California’s Largest Data Center as Water Fight Heads to Court
Two months after approving a nearly 1 million square foot hyperscale campus, Imperial County reversed course with a moratorium, drawing a lawsuit from...
San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout
A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
Ready for My Close-Up, Mr. Bonta
David Ellison says he'll pull Paramount out of California—and maybe sell the storied Melrose lot—unless a dozen attorneys general drop their antitrust suit....
McNellis: One House, One Spouse — A Guide to Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Record $2.26T Exit Wave Largely Bypasses Los Angeles as Bay Area, Dallas Grab the Spoils
A record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 flowed overwhelmingly to the Bay Area and a...
Glendale Church Campus Eyed for 323-Unit, Six-Story Mixed-Use Complex on East Colorado Street
A six-story, 323-unit apartment and retail project would replace the United Community Church campus on East Colorado Street, adding to a downtown Glendale...
Pentagon Steers $29.3MM to California Base Towns for Jolon Road, Edwards Training Hangar and Twentynine Palms Access
The Department of War committed $29.3 million in Defense Community Infrastructure Program grants to three California base communities, bankrolling a rebuild of the...
Lincoln Property Sells Studio in Chatsworth for $22MM
Lincoln Property Company and Gem Realty Capital sell a Chatsworth studio for $22 million, below their 2021 purchase price.
121,000 SQFT Oceanfront Enclave @ Carpinteria Tech Campus Hits Market for Sale and Lease
The three-building Enclave @ Carpinteria, a 121,230-square-foot campus on 9.47 acres between Highway 101 and the Pacific Ocean, is now being offered to...
Santa Ana Rent Control Accelerated Rent Growth in Regulated Units, Beacon Economics Study Finds
Rents in Santa Ana's rent-stabilized apartments grew faster than those in the city's newer, unregulated buildings after the city's 2021 Rent Stabilization Ordinance...
Northgate Market Clinches Approval for 40,000 SQFT Grocery Store on Vacant Moreno Valley Corner
The Moreno Valley Planning Commission unanimously cleared Northgate Gonzalez Markets to build a roughly 40,000-square-foot grocery store on a long-vacant 4.31-acre corner at...
