Commercial

3489 Articles

Escondido’s Kit Carson Park Ice Deal Stalls as Lease Vote Slips and Opposition Organizes

Two months after Escondido leaders unanimously endorsed exploring a privately funded ice complex at Kit Carson Park, the lease they promised to weigh...

CalSTRS Clinches 13.9% Return, Lifts Funded Ratio to 79% as Real Estate Portfolio Regroups

The nation's largest educator pension fund posted its strongest annual investment gain in years, strengthening a long-delayed march toward full funding even as...

Dana Point Harbor Redevelopment Stalls as OC Supervisors, Developer Clash Over $700MM Hotel Leases

The redevelopment of Dana Point Harbor has stalled as Orange County supervisors and Dana Point Harbor Partners spar over the hotel, commercial-core and...

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.

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...