LA Office Extremes: East Downtown Vacancy Hits 57.9% While San Gabriel Valley Holds at 8.2%
The most and least vacant office submarkets in Los Angeles sit about 20 miles apart, with CBRE putting East Downtown vacancy at 57.9...
San Diego Lab Market Shrinks to Small Blocks as 58% of Availability Falls Under 20,000 SQFT
Savills' third-quarter contiguous block analysis shows that most of San Diego's available lab space is now offered in blocks of less than 20,000...
Aspen Neuroscience Leases 49,000 SQFT at 11149 North Torrey Pines Road in San Diego’s Torrey Pines as It Readies IPO
Aspen Neuroscience, the San Diego biotech turning Parkinson's patients' own skin cells into replacement neurons, took 48,696 square feet at 11149 North Torrey...
Nitto BioPharma Leases 22,000 SQFT at 10220 Sorrento Valley Road in San Diego
Nitto BioPharma, the San Diego drug-delivery subsidiary of Japanese materials giant Nitto Denko Corp., leased 22,272 square feet at 10220 Sorrento Valley Road,...
KSL Capital Partners Buys Strategic Hotels’ 373-Key Ritz-Carlton, Laguna Niguel in Dana Point in Deal Estimated Near $600MM
Denver-based KSL Capital Partners has closed on the freshly renovated, 373-key Ritz-Carlton, Laguna Niguel from Strategic Hotels & Resorts, returning to the Dana...
Local Investor Pays $1.98MM for Historic 5,000 SQFT Balboa Theater in Newport Beach
A local private investor has paid $1.98 million for the shuttered Balboa Theater in Newport Beach's Balboa Village, taking on a nearly century-old...
teamLab Picks Samueli Family’s $5B OCVIBE for 110,000 SQFT First Permanent U.S. Museum in Anaheim
Japanese art collective teamLab will open its first permanent U.S. museum, a roughly 110,000-square-foot building designed by smith-clementi, at the Samueli family's OCVIBE...
LACERS Keeps CenterSquare on $679MM REIT Mandate, Commits $50MM to Blue Owl’s Net Lease Fund
Los Angeles' city employee pension is keeping the REIT manager that has beaten its benchmark for more than a decade at a below-market...
LAFPP Renews Cohen & Steers on $543.5MM REIT Mandate as $227MM Principal Exit Bankrolls Private Real Estate Push
Los Angeles Fire and Police Pensions is handing Cohen & Steers another three years on a $543.5 million listed real estate account even...
