Wayfair Renews 2,008,000 SQFT Across Two Perris Warehouses as Inland Empire Renewal Wave Builds
Wayfair has renewed its leases on two neighboring Class A distribution buildings totaling 2,008,281 square feet on Indian Avenue in Perris, locking in...
Amazon, DP World Logistics Take 1,332,000 SQFT Prologis Warehouse in Moreno Valley
Amazon and DP World Logistics have taken all 1,331,763 square feet of a 2020-vintage cross-dock warehouse on Krameria Avenue in Moreno Valley, topping...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
Galvanize Buys Link Logistics’ Three-Building, 285,000 SQFT Tustin Industrial Portfolio for $74.1MM
Galvanize Real Estate, the climate-focused property arm of Tom Steyer's investment firm Galvanize, has paid $74.1 million for a three-building Tustin industrial portfolio...
Taylor Morrison Buys 185,000 SQFT Tustin Financial Plaza From Kingsbarn, Kelemen for $68.7MM to Build 145 Homes
Homebuilder Taylor Morrison paid $68.7 million for Tustin Financial Plaza, a five-building office campus that Kingsbarn Realty Capital and The Kelemen Company bought...
Overton Moore Properties Buys 248,000 SQFT MEI-Leased La Mirada Industrial Facility From Brookfield for $58.5MM
Overton Moore Properties paid $58.5 million for Brookfield's 248,105-square-foot La Mirada industrial building, inheriting a freshly renewed, market-rate lease with heavy-equipment specialist MEI...
Nuveen Real Estate Acquires 174,000 SQFT Marigold Center in San Luis Obispo from First Washington Realty for $58.25MM
Nuveen Real Estate has acquired Marigold Center, a Vons-anchored community center on San Luis Obispo's south side, from First Washington Realty for $58.25...
Inland Empire Industrial Construction Hits 15.1MM SQFT as Five Megaprojects Test 9.9% Vacancy
Inland Empire industrial construction climbed to 15.1 million square feet in the third quarter, its highest level since 2024, led by five projects...
Amber Creek, Rosewood Associates Sell 206-Unit Amberwood and Rosewood Apartments Portfolio for $36.65MM in Fallbrook
Two longtime ownership entities sold the Amberwood and Rosewood apartment communities in Fallbrook for a combined $36.65 million, handing buyers 206 older units...
EōS Fitness-Anchored Lake Elsinore City Center Hits Market at $34.87MM for 117,000 SQFT on Interstate 15
A 116,937-square-foot shopping center on Interstate 15 in Lake Elsinore, anchored by EōS Fitness and 94 percent occupied with a roster led by...
Fletcher Jones Auto Pays $30MM for 17,000 SQFT Wilshire Dealership Site in Beverly Hills Once Eyed for 102 Apartments
Fletcher Jones Auto has paid $30 million for a 16,580-square-foot dealership building at 8833-8845 Wilshire Boulevard, buying out longtime owner Anderson Real Estate...
Southern California AI Tenants Occupy 2.7MM SQFT as Defense Demand Pushes Orange County Into Industrial, JLL Finds
A 2026 JLL study finds artificial intelligence companies occupy 2.1 million square feet in Los Angeles and Orange County and another 600,000 in...
SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise
Southern California apartment investors drove third-quarter sales to $4.32 billion even as rents stalled and cap rates climbed, a sign the region is...
Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%
Orange County’s apartment market posted a nearly threefold jump in quarterly sales volume and the region’s strongest rent growth in the third quarter,...
Orange County Office Sales Surge 74% to $586MM in Q3, Busiest Quarter Since 2021
Investors spent $586 million on Orange County office buildings across eight deals in the third quarter, the most in a single quarter since...
California Exports Climb 15% to $17.7 Billion as Diesel Costs at LA, Long Beach Ports Surge 61%
California shipped $17.696 billion in goods abroad in August, a 15.2 percent annual gain led by electronics and farm exports, Beacon Economics reports,...
Los Angeles Fire Rebuild Puts AI Plan Check to the Test as Developers Automate the Front End
The rebuilding of Los Angeles neighborhoods destroyed in the January 2025 wildfires has become Southern California's largest live test of AI in the...
San Diego Retail Vacancy Holds Near 5% as Big-Box Leases Meet a Thin Pipeline
San Diego's retail market absorbed a modest vacancy uptick through mid-2026, but a run of large national-tenant commitments and a nearly nonexistent construction...
Southern California Commercial Real Estate News
Overton Moore Properties Buys 248,000 SQFT MEI-Leased La Mirada Industrial Facility From Brookfield for $58.5MM
Overton Moore Properties paid $58.5 million for Brookfield's 248,105-square-foot La Mirada industrial building, inheriting a freshly renewed, market-rate lease with heavy-equipment specialist MEI...
Orange County Industrial Construction Costs Jump 6.5% as Southern California Warehouse Pricing Tops $160 Per Foot
Orange County posted one of the steepest industrial construction cost increases in the Americas this year, while San Diego, Los Angeles and the...
Toys R Us Lands Three Southern California Stores in Cerritos, Long Beach and Camarillo as WHP Global Rolls Out 120 US Locations
Toys R Us is planting holiday stores at Los Cerritos Center, the Long Beach Towne Center and Camarillo Premium Outlets, giving Southern California...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
Orange County Industrial Construction Costs Jump 6.5% as Southern California Warehouse Pricing Tops $160 Per Foot
Orange County posted one of the steepest industrial construction cost increases in the Americas this year, while San Diego, Los Angeles and the...
Envista Holdings Leads Orange County’s Q3 Office Leasing With 118,000 SQFT Relocation to Irvine Spectrum
Dental technology company Envista Holdings has committed to 117,802 square feet across three Irvine Company buildings on Barranca Parkway and Technology Drive, the...
Amber Creek, Rosewood Associates Sell 206-Unit Amberwood and Rosewood Apartments Portfolio for $36.65MM in Fallbrook
Two longtime ownership entities sold the Amberwood and Rosewood apartment communities in Fallbrook for a combined $36.65 million, handing buyers 206 older units...
Orange County Industrial Construction Costs Jump 6.5% as Southern California Warehouse Pricing Tops $160 Per Foot
Orange County posted one of the steepest industrial construction cost increases in the Americas this year, while San Diego, Los Angeles and the...
Vacant 60,000 SQFT Otay Mesa Industrial Building Hits the Market at $13.4MM in San Diego
A newly vacated 59,505-square-foot industrial building at 8753 Kerns Street has come to market in San Diego's Otay Mesa submarket at an asking...
Wayfair Renews 2,008,000 SQFT Across Two Perris Warehouses as Inland Empire Renewal Wave Builds
Wayfair has renewed its leases on two neighboring Class A distribution buildings totaling 2,008,281 square feet on Indian Avenue in Perris, locking in...
Orange County Industrial Construction Costs Jump 6.5% as Southern California Warehouse Pricing Tops $160 Per Foot
Orange County posted one of the steepest industrial construction cost increases in the Americas this year, while San Diego, Los Angeles and the...
Southern California’s Building Operations Power a $53.6BN Economy Supporting 334,000 Jobs, BOMA Study Finds
A new economic-impact study from BOMA International sizes Southern California's building-operations economy, finding that Greater Los Angeles ranks among the nation's largest markets...
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...
$9MM Life Company Refinance Secured for 55,000 SQFT Vail Ranch Town Square Office in Temecula
Gantry secures a $9MM life company loan for Temecula’s 55,000 SF Vail Ranch Town Square, retiring CMBS debt with a cash-out fixed-rate refinance.
Two New-Construction Quick Quack Car Wash Ground Leases in Murrieta, Riverside Trade for $8.63MM
Two new Quick Quack Car Wash ground-lease properties in Murrieta and Riverside sell to private investors for a combined $8.63 million.
CIP Real Estate Buys 200K SQFT Walnut Tech Business Center in San Gabriel Valley from AEW for $60.65MM
CIP Real Estate buys the 200,049-square-foot Walnut Tech Business Center in Walnut from AEW for $60.65 million, backed by a $42.91 million loan.
Santa Fe Irrigation District Buys 17,000 SQFT Solana Beach Office Building for $9.6MM
Santa Fe Irrigation District paid $9.6MM, or $553 per square foot, for a 17,365-square-foot office building at 140 Marine View Ave. in Solana...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers
S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...
Longtime Family Owner Sells 29-Unit Empire Apartments in Anaheim for $8.5MM in All-Cash 1031 Play
A family that held Anaheim's Empire Apartments for more than three decades sold the 29-unit, townhome-heavy complex to a large property management company...
LACERA Lands $200MM Slot in Energy Capital Partners’ $8.1 Billion Power Fund, Adds $75MM Whitman Peterson Co-Investment
The Los Angeles County Employees Retirement Association squeezed a $200 million commitment into Energy Capital Partners' oversubscribed sixth flagship fund just as it...
