Amazon Acquires 1,088,000 SQFT Class A Distribution Facility at Wonderful Logistics Center in Shafter
The Wonderful Company has sold its newly completed warehouse at 5104 Express Avenue in Shafter — a 1,088,047-square-foot speculative building at its Central...
Hoag Opens $1B Sun Family Campus in Irvine, Bringing 475,000 SQFT and 155 Beds Online
Hoag will cut the ribbon Sept. 19 on a $1 billion, six-building expansion of its Irvine hospital campus, a bet that Orange County's...
Taco Bell and Habit Burger Land 251,000 SQFT Alton HQ Campus in Irvine in Orange County’s Largest Office Lease in Five Years
Taco Bell and sister brand Habit Burger & Grill will relocate their shared corporate headquarters about a mile to a larger three-building Irvine...
ParkTerra and JEN Partners Offer AXIS, a Fully Entitled 277-Townhome Site on 13.34 Acres Beside Angel Stadium in Anaheim
ParkTerra and JEN Axis HoldCo are marketing one of Orange County's largest for-sale housing sites in years, a fully entitled 277-townhome development in...
For Southern California Investors, the Cheap-Debt Era Is Over and Cap Rates Must Climb, Ken Rosen Warns
Veteran economist Ken Rosen told CBRE's podcast The Weekly Take that higher real interest rates have ended the leverage-driven returns of the past...
Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles
Tech entrepreneur Daniel Negari's 1922.XYZ LLC has pulled the historic Bank of Italy tower's 241-room Hotel Per La out of lender hands for...
Arc Capital Partners Lands $29.3MM Refinancing for LA’s Landmark Koreatown Retail Hub Chapman Market
Five years after taking on bridge debt to reposition the historic Chapman Market, Arc Capital Partners has refinanced the Koreatown retail hub with...
BH Properties Re-Lists University of Redlands-Leased 111,000 SQFT Central Plaza in Riverside at $23MM
BH Properties has returned its 111,382-square-foot Central Plaza retail-and-office complex in Riverside's Magnolia Center to the sales market at $23 million, standing behind...
Pacific Retail Venture Lists 15,000 SQFT Red Lobster, Verizon & Vitamin Shoppe Strip at Lakewood Center for $16MM
CBRE has begun marketing a fully leased, 14,600-square-foot retail strip anchored by Red Lobster, Verizon and The Vitamin Shoppe inside Lakewood Center, less...
Bilak Companies Sells Walgreens-Anchored Atlantic Crossing in Lynwood for $15MM in 20-Day 1031 Deal
A Los Angeles County shopping center anchored by a chain that has spent the past two years closing hundreds of underperforming stores nationwide...
Gensler, GoFundMe and Lucca Sign On at DivcoWest’s DiamondView Tower in Downtown San Diego
DivcoWest and CBRE closed three leases at DiamondView Tower next to Petco Park — a new office deal with design firm Gensler, a...
Irvine Company Revises Oak Creek Golf Club Plan to 2,400 Homes, Pivoting to Lower-Priced Ownership in Irvine
The Irvine Company has reworked its proposal to redevelop the 280-acre Oak Creek Golf Club into a residential village, trimming the total home...
For Southern California Investors, the Cheap-Debt Era Is Over and Cap Rates Must Climb, Ken Rosen Warns
Veteran economist Ken Rosen told CBRE's podcast The Weekly Take that higher real interest rates have ended the leverage-driven returns of the past...
Los Angeles Retail Vacancy Eases as New Supply Hits 19-Year Low
With retail construction at its lowest first-half level since at least 2007, Los Angeles landlords are backfilling vacated big-box space and pushing multi-tenant...
Southern California Life Science Splits in Two as San Diego Glut Meets Tight Orange County
Southern California's life science market has fractured into two stories, with San Diego absorbing a record wave of oversupply while Los Angeles and...
Battery Developers Chase Southern California Industrial Infill as Record Storage Quarter Sharpens Siting Fights
A record 20.2 gigawatt-hour national quarter for battery storage is landing on Southern California as a land story, with developers clearing standing industrial...
Institutional Money Made Student Housing a Core Asset, and Southern California Is Underbuilt for It
Blackstone, KKR and Greystar have turned purpose-built student housing into an institutional asset class, and the supply-starved blocks around USC, UCLA and San...
Costa Mesa Adopts Revised Housing Element, Moves to Overrule Airport Commission as State Deadline Looms
Costa Mesa's City Council voted unanimously on Sept. 1 to adopt a revised sixth-cycle housing element and to begin overruling the county's airport...
Southern California Commercial Real Estate News
For Southern California Investors, the Cheap-Debt Era Is Over and Cap Rates Must Climb, Ken Rosen Warns
Veteran economist Ken Rosen told CBRE's podcast The Weekly Take that higher real interest rates have ended the leverage-driven returns of the past...
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...
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...
Hoag Opens $1B Sun Family Campus in Irvine, Bringing 475,000 SQFT and 155 Beds Online
Hoag will cut the ribbon Sept. 19 on a $1 billion, six-building expansion of its Irvine hospital campus, a bet that Orange County's...
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...
OCVIBE Adds Five Kitchens to 50,000 SQFT Katella Commons as Anaheim District Underwrites Tenant Build-Outs
The Samueli family's OCVIBE has signed five more independent operators into Katella Commons, the 50,000-square-foot Anaheim market hall it is financing down to...
Gensler, GoFundMe and Lucca Sign On at DivcoWest’s DiamondView Tower in Downtown San Diego
DivcoWest and CBRE closed three leases at DiamondView Tower next to Petco Park — a new office deal with design firm Gensler, a...
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...
BH Properties Re-Lists University of Redlands-Leased 111,000 SQFT Central Plaza in Riverside at $23MM
BH Properties has returned its 111,382-square-foot Central Plaza retail-and-office complex in Riverside's Magnolia Center to the sales market at $23 million, standing behind...
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...
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...
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...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Bilak Companies Sells Walgreens-Anchored Atlantic Crossing in Lynwood for $15MM in 20-Day 1031 Deal
A Los Angeles County shopping center anchored by a chain that has spent the past two years closing hundreds of underperforming stores nationwide...
Gensler, GoFundMe and Lucca Sign On at DivcoWest’s DiamondView Tower in Downtown San Diego
DivcoWest and CBRE closed three leases at DiamondView Tower next to Petco Park — a new office deal with design firm Gensler, a...
Santa Fe Irrigation District Buys 17,000 SQFT Solana Beach Office Building for $9.6MM
The Santa Fe Irrigation District has acquired the two-story office building at 140 Marine View Avenue in Solana Beach for $9.6 million, handing...
San Bernardino County Housing Authority Sells 156-Unit Sunrise Vista Apartments for $12.1MM in Barstow
CBRE brokers HACSB's $12.1MM sale of the 156-unit Sunrise Vista Apartments in Barstow to fund housing elsewhere in the county.
Los Angeles Retail Vacancy Eases as New Supply Hits 19-Year Low
With retail construction at its lowest first-half level since at least 2007, Los Angeles landlords are backfilling vacated big-box space and pushing multi-tenant...
Hudson Pacific Extends $1.1B Loan on Hollywood Studio Portfolio as Production Slump Pressures LA Landlords
Hudson Pacific Properties extended the $1.1 billion loan on its 2.2 million-square-foot Hollywood Media Portfolio to November 2027 without a principal paydown, buying...
Hackman Loses Culver City’s 182,000 SQFT Former Sony Animation Campus to Fortress in $71MM Foreclosure
Fortress Investment Group emerged as the new owner of the vacant, three-building Art Deco office complex at 9050 Washington Boulevard after credit-bidding roughly...
LA County Library Reopens $8MM Renovated 12,000 SQFT Lynwood Branch, First of Five Southeast LA Overhauls
The reopening of the 12,000-square-foot Lynwood branch, shuttered for two years and rebuilt at a cost of $8 million, opens a five-library modernization...
