Commercial

3641 Articles

Southern California’s 5 GW Data Center Wave Meets Record Power Rates and a Ballot-Box Ban

While PG&E openly courts AI data centers in the north, Southern California Edison is quietly holding roughly 5 gigawatts of data center load...

Innocean USA Doubles Footprint With 101,000 SQFT Headquarters Lease at Hackman’s El Segundo Campus

Innocean USA, the U.S. arm of the Hyundai-founded advertising giant, has committed to 101,000 square feet at Hackman Capital Partners' 888 N. Douglas...

Brookfield Clinches Record $77B Quarter, Pushing Assets Past $1 Trillion

Brookfield Asset Management pulled in a company-record $77 billion during the second quarter of 2026, lifting its assets under management past $1 trillion...

Western Alliance Bank Revives Foreclosed 600 B Street, Pushing Downtown San Diego Tower to 66% Leased

Two years after taking back the 24-story tower through foreclosure, Western Alliance Bank has poured capital into 600 B Street's lobby, plaza and...

Kelemen Faces Foreclosure on 335,000 SQFT Irvine Atrium After $80MM Loan Matures Unpaid

Claros Mortgage Trust has moved to force a trustee's sale of the Kelemen Company's twin-tower Atrium office complex near John Wayne Airport after...

Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End

Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...

Hudson Pacific, Blackstone’s $1.1B Hollywood Studio Loan Lands in Special Servicing Ahead of Maturity

The $1.1 billion CMBS loan backing Hudson Pacific Properties and Blackstone's marquee Hollywood studio-and-office portfolio has been handed to a special servicer just...

Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan

The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...

Hudson Pacific Doubles Down on West LA as Hollywood Stages Hold at 96% and Quixote Losses Narrow

Hudson Pacific Properties is concentrating its Los Angeles leasing push on a recovering West Los Angeles market while its Quixote studio restructuring narrows...

Olson Company Buys 120,000 SQFT Monterey Park Office Campus for $24.85MM, Plans Residential Redevelopment

Homebuilder The Olson Company has paid $24.85 million for a two-building office campus in Monterey Park once occupied by Blue Shield of California,...

Peninsula Land & Capital Buys 56,000 SQFT The Station in El Segundo for $26.85MM, 13% Below Seller’s 2021 Basis

A Palo Alto investment firm best known for Silicon Valley office and R&D holdings has pushed into the South Bay, paying $26.85 million...

DLR Group Adds San Diego Lab Specialist McFarlane Architects to Deepen Life Science Practice

The global design firm DLR Group has acquired McFarlane Architects, a San Diego science and technology specialist, giving the 1,800-person employee-owned firm an...