Lake Creek Industrial’s 3,481,000 SQFT Logistics Campus Clears Apple Valley Planning Commission
Apple Valley's Planning Commission has sent Lake Creek Industrial's three-building, 3.48 million-square-foot speculative logistics campus beside the town airport to the Town Council,...
Alliant Communities Lands $36MM Measure ULA Loan for 200-Unit Affordable Project on Former Northridge Rite Aid Site
Calabasas-based Alliant Communities has lined up a $36.1 million Measure ULA commitment from the Los Angeles Housing Department to replace a shuttered Rite...
JPI Wins Lakewood Approval to Replace Former AARP Office With 388-Unit Apartment Complex at 3200 E. Carson St.
Texas-based developer JPI has secured City of Lakewood approval to demolish AARP's former 84,000-square-foot regional office and build a five-story, 388-unit apartment community...
LC Logistics Leases 573,000 SQFT Rancho Cucamonga Warehouse at 9333 Hermosa Avenue
LC Logistics has committed to a 573,000-square-foot warehouse at 9333 Hermosa Avenue in Rancho Cucamonga, landing one of the largest new leases of...
COVA Resort Wins Coachella Planning Nod for 87-Acre Hotel, Homes and Public Beach Club
Coachella's Planning Commission recommended conditional approval of COVA, an 87-acre hotel, resort, residential and public beach club development from a Relevant Group affiliate,...
LA Industrial Pipeline Swells to 5.8MM SQFT as Xebec, Prologis, Overton Moore Bet on Spec Warehouses
Los Angeles County's industrial construction pipeline has grown to 5.8 million square feet even as deliveries fell by more than half this year,...
Inland Empire Renewal Wave Tops 3.6MM SQFT as Landlords Cut Rents to Keep Warehouse Tenants
Inland Empire warehouse tenants that held off on real estate decisions through a stretch of tariff swings and economic uncertainty have reached their...
KF Partners Acquires 152,000 SQFT MacArthur Plaza in Irvine From CM Stratplan for $26.5MM
KF Partners acquired MacArthur Plaza, a nine-story, 151,706-square-foot office tower facing John Wayne Airport, from CM Stratplan for $26.5 million, a price of...
AMP Logis Transportation Leases 201,000 SQFT Freeway-Front Warehouse at 3030 S Atlantic Boulevard in Vernon
Logistics operator AMP Logis Transportation has signed a new lease for the entire 200,683-square-foot industrial facility at 3030 S Atlantic Boulevard in Vernon,...
Marsh McLennan Agency Relocates to 33,000 SQFT at 250 Progress in Irvine’s Innovation Office Park
Insurance brokerage and advisory firm Marsh McLennan Agency has committed to 32,819 square feet at 250 Progress, a newly built creative office building...
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 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...
LA Industrial Pipeline Swells to 5.8MM SQFT as Xebec, Prologis, Overton Moore Bet on Spec Warehouses
Los Angeles County's industrial construction pipeline has grown to 5.8 million square feet even as deliveries fell by more than half this year,...
Inland Empire Renewal Wave Tops 3.6MM SQFT as Landlords Cut Rents to Keep Warehouse Tenants
Inland Empire warehouse tenants that held off on real estate decisions through a stretch of tariff swings and economic uncertainty have reached their...
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,...
Southern California Commercial Real Estate News
Alliant Communities Lands $36MM Measure ULA Loan for 200-Unit Affordable Project on Former Northridge Rite Aid Site
Calabasas-based Alliant Communities has lined up a $36.1 million Measure ULA commitment from the Los Angeles Housing Department to replace a shuttered Rite...
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...
Pacific Pearl Café Opens 6,000 SQFT Chef-Led Outpost at Irvine Company’s Newport Gateway in Irvine
Chef Michael Campbell's Pacific Pearl Café has moved into a fully rebuilt 5,512-square-foot space on the Concourse Level of Irvine Company's Newport Gateway,...
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...
Lake Creek Industrial’s 3,481,000 SQFT Logistics Campus Clears Apple Valley Planning Commission
Apple Valley's Planning Commission has sent Lake Creek Industrial's three-building, 3.48 million-square-foot speculative logistics campus beside the town airport to the Town Council,...
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...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
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,...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
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...
