Los Angeles Opens Record $466.6MM Homes for LA Round as Mansion Tax Money Shifts Toward Preservation
The Los Angeles City Council unanimously authorized a $466.6 million second round of the Homes for LA program, a pool built largely on...
JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs
JPMorgan Chase has paid PGIM Real Estate $176.5 million for Shoemaker Commerce Center in Santa Fe Springs, locking up nearly a decade of...
National CORE, Linc Housing Open 340-Home Pioneer Village Complex in Glendale
Glendale’s largest affordable housing complex has opened its doors after three and a half years of construction, delivering 340 homes into a rental...
Lincoln Property Company Acquires 327,000 SQFT Bellegrave Business Park in Jurupa Valley
Lincoln Property Company has taken control of Bellegrave Business Park, a fully leased, six-building industrial campus in Jurupa Valley, betting on the Inland...
Wakeland Housing Breaks Ground on $48MM, 50-Unit Senior Housing and Community Center on Former Imperial Beach Church Site
Wakeland Housing and the Imperial Beach Neighborhood Center have started construction on The Haven on Palm, which will put 50 apartments for low-income...
Pomona-Based Entity Buys 84,000 SQFT Santa Clarita Retail Center for $27.5MM
The 1973-built, furniture-anchored center on Valencia Boulevard traded for roughly $327 per square foot, landing just below the county’s average retail sale price...
113-Unit Workforce Housing Portfolio in Riverside Trades for $21.8MM
University Gardens, Normandy Apartments Trade Together for $192,920 Per Unit Amid Tightening Inland Empire Vacancy Two adjacent Riverside apartment properties under common ownership...
KB Home Blames Southern California for Q4 Guidance Cut as Sales Slow and Openings Slip
Los Angeles-based KB Home lowered its fourth-quarter pricing and margin expectations and named its Southern California operations as the main cause, citing slower...
Santa Ana Authorizes Lawsuit Against Caribou Industries Over Stalled 171-Unit 3rd & Broadway Project
Santa Ana's City Council has authorized litigation against Caribou Industries over the long-stalled 3rd & Broadway Promenade, raising the prospect that the city...
Chula Vista Orders Due Diligence on Millenia Film Studio Partner After $15MM Investor Exits
Chula Vista has hired HR&A Advisors to vet the startup behind a proposed film and media hub at the city's new Millenia library...
Rigas Family Buys 24-Unit Multifamily Property for $9.44MM in Costa Mesa
A 24-unit Costa Mesa multifamily property sells for $9.44 million, or $393,333 per unit, above Orange County's Q2 2026 average.
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...
KB Home Blames Southern California for Q4 Guidance Cut as Sales Slow and Openings Slip
Los Angeles-based KB Home lowered its fourth-quarter pricing and margin expectations and named its Southern California operations as the main cause, citing slower...
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...
Southern California Commercial Real Estate News
Los Angeles Opens Record $466.6MM Homes for LA Round as Mansion Tax Money Shifts Toward Preservation
The Los Angeles City Council unanimously authorized a $466.6 million second round of the Homes for LA program, a pool built largely on...
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...
Santa Ana Authorizes Lawsuit Against Caribou Industries Over Stalled 171-Unit 3rd & Broadway Project
Santa Ana's City Council has authorized litigation against Caribou Industries over the long-stalled 3rd & Broadway Promenade, raising the prospect that the city...
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...
Wakeland Housing Breaks Ground on $48MM, 50-Unit Senior Housing and Community Center on Former Imperial Beach Church Site
Wakeland Housing and the Imperial Beach Neighborhood Center have started construction on The Haven on Palm, which will put 50 apartments for low-income...
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...
Lincoln Property Company Acquires 327,000 SQFT Bellegrave Business Park in Jurupa Valley
Lincoln Property Company has taken control of Bellegrave Business Park, a fully leased, six-building industrial campus in Jurupa Valley, betting on the Inland...
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...
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...
