Commercial
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo’s latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Cypress Weighs Land Sales to Unlock 1,791-Unit Los Alamitos Race Course Redevelopment
Cypress officials advanced but did not finalize the entitlements that would let the owners of the 151-acre Los Alamitos Race Course begin carving...
Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles’ stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...
Wildwood School Acquires 101,000 SQFT Ocean Park Plaza for $50.6MM in Santa Monica
A private co-educational school has purchased Santa Monica’s largely empty Ocean Park Plaza in an all-cash deal, pulling a full city block of...
Blackstone’s $195MM Tower at Burbank Loan Lands on CMBS Watchlist as Office Occupancy Slides to 73%
Morningstar Credit has flagged the $195 million loan on Blackstone’s Tower at Burbank office property for occupancy erosion, as a signature entertainment-district tower...
Simon Adds 11 Retail and Dining Concepts and Opens 85,000 SQFT Life Time Club at Brea Mall
Simon Property Group is deepening its multimillion-dollar bet on North Orange County, signing 11 new retail and dining tenants at Brea Mall and...
ParkTerra, JEN Partners Sell 50,000 SQFT AXIS Office Building in Anaheim’s Platinum Triangle for $11.75MM
A joint venture of ParkTerra and JEN Partners has sold a three-story office building at Anaheim’s AXIS campus to a local owner-user for...
Sony Pictures to Reopen and Restore Hollywood’s Cinerama Dome, Operated by Alamo Drafthouse
Sony Pictures Entertainment will resurrect one of Hollywood’s most recognizable landmarks, pledging to restore the shuttered Cinerama Dome and hand the keys to...
Jamison Properties Sells 111,000 SQFT Signal Hill Town Center for $12MM, 27% Below Asking, to West Covina Investor
Jamison Properties has closed the sale of the two-building Signal Hill Town Center office complex for $12.03 million, roughly 27 percent below its...
Luxury Label Frank & Eileen Relocates HQ, Leasing 37,000 SQFT at Playa Vista’s Hercules Campus
Luxury shirtmaker Frank & Eileen is decamping from downtown Los Angeles for a 37,453-square-foot headquarters at Playa Vista’s landmarked Hercules Campus, a lease...
CIM Group Hires Net Lease Veteran Asa Yapa as Managing Director to Expand Single-Tenant Platform
CIM Group has recruited a two-decade net lease specialist from Eastdil Secured to accelerate its push into single-tenant retail and industrial assets, a...
CEQA Overhaul Measure Lands 73% Support in New PPIC Poll, Handing California Developers an Early Tailwind
A new statewide survey shows commanding, cross-partisan support for a November ballot measure that would impose hard deadlines on California’s landmark environmental review...
