Newport National-Led Group Reacquires 96,000 SQFT Civic View Corporate Center in San Marcos
A partnership led by Newport National Corporation, with Bluebird Capital and Sundance Bay, has bought back the fully leased Civic View Corporate Center...
Victorville Advances 55,000 SQFT Police Station and 3.3-Acre Civic Park on Former Roy Rogers Museum Site
The City of Victorville is asking its own Planning Commission to clear the way for a 54,892-square-foot police headquarters and an adjoining 3.3-acre...
Brea Scraps Mercury Lane Development Agreement, Clearing Way for C&C Development’s 85-Unit Affordable Senior Complex
Brea's Planning Commission has moved to cancel a six-year-old development agreement tied to a stalled workforce apartment concept, formally clearing the 1.01-acre Mercury...
Eagle Four Partners Secures Planning Commission Backing for Up to 78 Homes at Newport Beach Country Club
The Newport Beach Planning Commission unanimously advanced a development agreement that would grant Eagle Four Partners five-year vested rights to build as many...
California Adds 39,400 Jobs in August as Unemployment Holds at 5.1%
The state's payroll expansion in August accounted for more than a quarter of all U.S. job growth, even as Professional and Business Services...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
AI’s Machine-First World Targets Southern California’s Parking Lots and Warehouses
A Goldman Sachs Global Institute essay argues that the physical world is being rebuilt for machines, and Southern California — with the nation's...
LA County Supervisors Clear Zone Change for 60-Unit Apartment Project in West Whittier
Los Angeles County supervisors granted a zone change and density-bonus entitlements for a 60-unit, five-story apartment building in unincorporated West Whittier, adding to...
Living Trust Acquires 59-Unit El Cajon Apartment Community for $13.25MM
At $224,576 per unit, the 59-unit community trades for roughly 44 percent less than San Diego County’s average multifamily price, reflecting its East...
AllSaints Renews 10,000 SQFT at Pacific Design Center’s Red Building in West Hollywood
British fashion label AllSaints has renewed 10,020 square feet for four years at Cohen Brothers Realty's Red Building, one of seven leases the...
Pacific Retail, Conversant Acquire 884,000 SQFT Pacific View Mall in Ventura From Macerich
The joint venture takes control of an 884,000-square-foot coastal mall that Macerich had classified as a keeper just seven months ago, marking 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...
California Adds 39,400 Jobs in August as Unemployment Holds at 5.1%
The state's payroll expansion in August accounted for more than a quarter of all U.S. job growth, even as Professional and Business Services...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
AI’s Machine-First World Targets Southern California’s Parking Lots and Warehouses
A Goldman Sachs Global Institute essay argues that the physical world is being rebuilt for machines, and Southern California — with the nation's...
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...
How Propositions 1 and 37 Could Redraw Southern California’s Housing Math
Two November ballot measures would authorize more than $36 billion in housing bonds, one subsidizing affordable rentals and farmworker housing and the other...
Centennial’s MainPlace Redevelopment Hits 309 of 1,900 Units in Santa Ana as Hotel Stalls, Tax Revenue Dips
Centennial's seventh annual monitoring report for the 2800 North Main Street property, received and filed by the Santa Ana Planning Commission on Sept....
Southern California Commercial Real Estate News
AI’s Machine-First World Targets Southern California’s Parking Lots and Warehouses
A Goldman Sachs Global Institute essay argues that the physical world is being rebuilt for machines, and Southern California — with the nation's...
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...
Brea Scraps Mercury Lane Development Agreement, Clearing Way for C&C Development’s 85-Unit Affordable Senior Complex
Brea's Planning Commission has moved to cancel a six-year-old development agreement tied to a stalled workforce apartment concept, formally clearing the 1.01-acre Mercury...
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...
Newport National-Led Group Reacquires 96,000 SQFT Civic View Corporate Center in San Marcos
A partnership led by Newport National Corporation, with Bluebird Capital and Sundance Bay, has bought back the fully leased Civic View Corporate Center...
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...
Victorville Advances 55,000 SQFT Police Station and 3.3-Acre Civic Park on Former Roy Rogers Museum Site
The City of Victorville is asking its own Planning Commission to clear the way for a 54,892-square-foot police headquarters and an adjoining 3.3-acre...
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...
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...
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...
MGR Real Estate Buys 122,602 SQFT Ontario Office Tower for $33.75MM
An Ontario-based investor has bought one of the Inland Empire’s more prominent office towers, betting on a submarket that continues to post some...
Sierra Ridge Capital Buys 238K SQFT Riverside Industrial Portfolio, Secures $25MM Loan
JLL Secures $25MM Loan as Sierra Ridge Capital Expands Inland Empire Industrial Footprint A four-building light industrial portfolio in Riverside has changed hands,...
How Propositions 1 and 37 Could Redraw Southern California’s Housing Math
Two November ballot measures would authorize more than $36 billion in housing bonds, one subsidizing affordable rentals and farmworker housing and the other...
ALPS Group Recasts Former Four Points Sheraton in San Diego as 223-Room Goldfinch Hotel
ALPS Group of Hotels has started construction on a full repositioning of the 20-acre former Four Points Sheraton site on Aero Drive, wagering...
Ascent Developer Solutions Expands Encino Headquarters to 22,000 SQFT as Originations Top $3.7B
The Elliott Investment Management-backed private lender is adding 13,000 square feet at Douglas Emmett's Encino Terrace to house a workforce that has grown...
Victorville Planning Commission Reviews 138-Lot Single-Family Subdivision at Bellflower and Dos Palmas
A Beverly Hills-based applicant is seeking Victorville's approval to carve 138 single-family lots from roughly 39 acres of vacant land at Bellflower Street...
