Veritas Investments Shops 671-Unit, 29-Asset Westside Los Angeles Multifamily Portfolio for Sale or Recapitalization
Veritas Investments has placed a 29-building, 671-unit apartment portfolio spanning Santa Monica, West Hollywood, Venice, Culver City and Redondo Beach on the market,...
PwC’s Exit From 601 Fig Tests Uncommon Developers’ $148MM Loan on 1MM-SQFT Downtown L.A. Tower
PricewaterhouseCoopers will vacate 114,000 square feet at Downtown Los Angeles’ 601 S. Figueroa Street in 2028 for a 150,000-square-foot lease in Century City,...
Quantum-Si Signs 10-Year, 54,000 SQFT Lease at Sterling Bay and Harrison Street’s Pacific Center in San Diego’s Sorrento Mesa
Protein-sequencing company Quantum-Si has committed to 54,374 square feet at Pacific Center in Sorrento Mesa under a 10-year lease that carries 20 months...
AnaptysBio Spinout First Tracks Biotherapeutics Subleases 45,000 SQFT at TEN770 in Sorrento Mesa
First Tracks Biotherapeutics, the clinical-stage biotech spun out of AnaptysBio in April, has subleased 45,057 square feet at the TEN770 life sciences campus...
Life Time Opens 123,000 SQFT Athletic Country Club at Simon’s Brea Mall, Anchoring $300MM Mixed-Use Overhaul
Life Time cut the ribbon on a nearly 123,000-square-foot athletic country club at Simon Property Group’s Brea Mall, converting a slice of a...
Pettit Kohn Relocates to 27,000 SQFT Class A Office in Del Mar Heights
Law firm Pettit Kohn Ingrassia Lutz & Dolin has relocated to 27,000 square feet of Class A office space in Del Mar Heights,...
Pacific Coast Academy Signs New 28,000 SQFT Office Lease in Poway
Pacific Coast Academy has signed a new 27,516-square-foot office lease in Poway, one of the largest new leases — as opposed to renewals...
Tryperion Holdings Acquires 73,230 SQFT Crossings Corporate Centre in San Diego for $23MM
Tryperion Holdings has acquired the 73,230-square-foot Crossings Corporate Centre office property in San Diego for $23 million, a value-add wager on a half-leased...
Midtown National Group Buys 44,000 SQFT Office Building at 444 S Cedros Ave in San Diego for $24MM
Midtown National Group has acquired the 43,516-square-foot office building at 444 S Cedros Ave in San Diego for $24 million, paying the highest...
San Diego Life Sciences Vacancy Holds at 28.1% as Pfizer Opens 230,000-SQFT Oncology Center and Sterling Bay Lands $290MM Pacific Center Refinancing
San Diego’s life sciences market spent the second quarter absorbing just enough new demand to keep vacancy flat at 28.1 percent, even as...
Procopio Renews 29,000 SQFT Class A Office Lease in Del Mar Heights
Law firm Procopio, Cory, Hargreaves & Savitch has renewed 28,933 square feet of Class A office space in Del Mar Heights, one of...
The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes
The homes embrace coastal living and multi-generational flexibility for modern Southern California lifestyles New community alert! RC Homes, the California homebuilder known for...
Life Time Opens 123,000 SQFT Athletic Country Club at Simon’s Brea Mall, Anchoring $300MM Mixed-Use Overhaul
Life Time cut the ribbon on a nearly 123,000-square-foot athletic country club at Simon Property Group’s Brea Mall, converting a slice of a...
San Diego Life Sciences Vacancy Holds at 28.1% as Pfizer Opens 230,000-SQFT Oncology Center and Sterling Bay Lands $290MM Pacific Center Refinancing
San Diego’s life sciences market spent the second quarter absorbing just enough new demand to keep vacancy flat at 28.1 percent, even as...
Southern California Multifamily Sales Climb 11.8% to $5.19B as Buyers Return to a Repriced Market
A valuation reset across Southern California’s apartment market pulled investors off the sidelines in the first half of 2026, lifting regional sales volume...
San Diego Office Market Strings Together Second Straight Quarter of Positive Absorption as Eastgate Leads the Turn
San Diego’s office market notched its second consecutive quarter of positive net absorption in the second quarter of 2026, with the Eastgate submarket...
New York Clears First-in-Nation Data Center Moratorium, and the West Coast Is Watching
New York lawmakers have approved a one-year freeze on state permits for large data centers, the first statewide moratorium in the country and...
Los Angeles Office Leasing Surges to Nearly 4MM SQFT in Q2 2026, Running 22% Above Five-Year Average
Los Angeles office leasing accelerated sharply in the second quarter of 2026, approaching pre-pandemic volumes as a resurgent Downtown and a string of...
Southern California Commercial Real Estate News
Veritas Investments Shops 671-Unit, 29-Asset Westside Los Angeles Multifamily Portfolio for Sale or Recapitalization
Veritas Investments has placed a 29-building, 671-unit apartment portfolio spanning Santa Monica, West Hollywood, Venice, Culver City and Redondo Beach on the market,...
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family’s landmark Metropolitan building at 449 South Broadway has put one of Downtown...
Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM
Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...
Life Time Opens 123,000 SQFT Athletic Country Club at Simon’s Brea Mall, Anchoring $300MM Mixed-Use Overhaul
Life Time cut the ribbon on a nearly 123,000-square-foot athletic country club at Simon Property Group’s Brea Mall, converting a slice of a...
Hoag Clinches 92-Acre Ziggurat Campus in Laguna Niguel for $207MM, Ending Three-Year Federal Sale Saga
Hoag Memorial Hospital Presbyterian has emerged as the final winner of Orange County’s most contested real estate disposition, acquiring the 1-million-square-foot Chet Holifield...
Huntington Beach Adopts Court-Ordered Housing Element Zoning for 13,000 Units After $170,000 in Fines
After exhausting its appeals at the state and federal level and watching the meter run on monthly penalties, the Huntington Beach City Council...
Quantum-Si Signs 10-Year, 54,000 SQFT Lease at Sterling Bay and Harrison Street’s Pacific Center in San Diego’s Sorrento Mesa
Protein-sequencing company Quantum-Si has committed to 54,374 square feet at Pacific Center in Sorrento Mesa under a 10-year lease that carries 20 months...
San Diego Launches Affordable Housing Preservation Fund With $8.5MM to Stem Loss of Low-Rent Apartments
The San Diego City Council voted unanimously to create an Affordable Housing Preservation Fund and seed it with $8.5 million, handing the San...
Wakeland Housing’s $140MM Becker Affordable Complex Leads Hines’ $1B Riverwalk in San Diego’s Mission Valley
Construction is underway on The Becker, a $140 million affordable apartment complex that will be the first completed building within Hines’ $1 billion...
Southern California Multifamily Sales Climb 11.8% to $5.19B as Buyers Return to a Repriced Market
A valuation reset across Southern California’s apartment market pulled investors off the sidelines in the first half of 2026, lifting regional sales volume...
Kimco Realty Lists Corona Home Depot at Corona Hills Plaza for $29.9MM at 5.35% Cap Rate
Kimco Realty has tapped CBRE to market a corporate-leased Home Depot anchoring the 489,151-square-foot Corona Hills Plaza in Corona, betting that a blue-chip...
Southern California Industrial Prices Reset as Sale Values Fall 21.7% and Construction Pipeline Shrinks
Southern California’s industrial market moved toward equilibrium in the second quarter of 2026 as a sharp pullback in construction and steady leasing helped...
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)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
Orange County Industrial Vacancy Rises to 6.1% as Rents Soften
A leasing rebound and contracting pipeline show early signs of stabilization for Orange County’s industrial market. By J.C. Casillas, Managing Director of Research at...
County of San Diego Renews 38,000 SQFT Class A Office Lease in La Mesa
The County of San Diego has renewed 37,986 square feet of Class A office space in La Mesa, the largest office lease recorded...
Orum Capital Acquires 219,000 SQFT Carlsbad Research Center in San Diego for $24.5MM
Orum Capital has acquired the 219,162-square-foot Carlsbad Research Center office property from Brookwood Financial for $24.5 million, a deep-value play on North County...
Sorrento West Properties Buys Fully Leased Northridge Summit in San Diego for $25MM, Two-Thirds Below DivcoWest’s 2022 Price
Sorrento West Properties has acquired the 129,916-square-foot Northridge Summit office asset in San Diego from DivcoWest for $25 million — roughly one-third of...
Conrad Prebys Foundation Buys 123,000 SQFT Kettner & Ash Office Building in San Diego for $30MM
The Conrad Prebys Foundation has acquired the 123,079-square-foot Kettner & Ash office building in downtown San Diego from DivcoWest for $30.05 million, a...
Mosaic Industrial Buys 37,000 SQFT Alcalde Business Center in Laguna Hills for $14.1MM
Mosaic Industrial, the joint venture between Greenmont Group and C3 Development Group, has paid $14.1 million for a three-building multi-tenant industrial park in...
Weil, Gotshal & Manges Relocates to 47,300 SQFT at 1950 Avenue of the Stars in Century City
Weil, Gotshal & Manges has relocated to 47,300 square feet at 1950 Avenue of the Stars in Century City, a move by the...
STAUD Relocates to 45,000 SQFT at 1041 North Formosa Avenue in West Hollywood
STAUD, the Los Angeles-based fashion label, has relocated to 44,898 square feet at 1041 North Formosa Avenue in West Hollywood, a sizable commitment...
Sphere Entertainment Group Relocates to 39,000 SQFT at 3333 West Empire Avenue in Burbank
Sphere Entertainment Group has relocated to 39,334 square feet at 3333 West Empire Avenue in Burbank, adding another entertainment-sector commitment to a submarket...
