Finance
120,559 SQFT Shopping Center in Santa Clarita Listed for Sale with Mixed-Use Redevelopment Potential
80 percent occupied property at Valencia Boulevard and Bouquet Canyon Road sits on 12.6 acres with flexible zoning in one of Los Angeles...
Hermès Revealed as Mystery Buyer of Record-Setting $400MM Beverly Hills Property at 338 North Rodeo
The French luxury house’s acquisition of two adjoining parcels totaling 28,000 square feet sets a single-property record for the famed retail corridor and...
Small Business Optimism Slips in January as Hiring Plans Ease, Sales Outlook Hits 2025 High
Wells Fargo Economics says labor market remains in “a state of malaise” despite firmer revenue expectations Business sentiment often shifts before hard economic...
Fitler Club Signs 93,000 SQFT Lease at Kilroy’s Columbia Square in Hollywood, Replacing NeueHouse After Bankruptcy
Dean Adler-backed private lifestyle club takes over historic CBS studios space as Los Angeles members’ club market reshuffles following NeueHouse’s Chapter 7 filing...
Kilroy Realty Reshapes Southern California Portfolio With $590MM in Transactions, Pivoting From Commodity Office to Trophy Assets in Beverly Hills and Torrey Pines
The West Coast REIT shed five non-core properties and two land parcels across LA and San Diego while deploying nearly $400 million into...
Kilroy Realty Revealed as Buyer of Alexandria’s 232,000-SQFT Nautilus Life Science Campus in San Diego’s Torrey Pines for $192MM
West Coast REIT calls the acquisition a ‘generational opportunity’ as it capitalizes on Alexandria’s financial pressures to enter the nation’s most prestigious life...
Kilroy Realty Agrees to Sell Remaining 17 Acres at San Diego’s Santa Fe Summit for $86MM, Completing Full Site Disposition at $124MM
Once envisioned as a 600,000-square-foot life science campus, the 22-acre Highway 56 Corridor site is now headed for residential development as Kilroy exits...
LeBeau Realty Lists 76,000 SQFT Class A Office Building in San Diego’s Sorrento Mesa
The renovated six-story property at 5880 Oberlin Drive hits the market as suburban San Diego office assets outperform the broader metro. San Diego-based...
Jamison Services Sells 134,000 SQFT Costa Mesa Mixed-Use Office Property for $24.4MM
The three-story, mission-style building at 1901 Newport Boulevard traded at approximately $182 per square foot to a private, high-net-worth investor. Newmark has arranged...
California Reserves $165MM in Clean-Truck Subsidies for Tesla Semi as Rivals Cry Foul
The state’s HVIP program has earmarked nearly 1,000 vouchers for the Tesla Semi, locking up funding while competitors with production-ready electric trucks struggle...
Fortress Closes $96MM Loan for Cityview’s 296-Unit Jasper Apartments Near Downtown Los Angeles as Multifamily Demand Outpaces Struggling Office Sector
The refinancing replaces construction debt and signals institutional confidence in DTLA-area luxury residential, even as office vacancy soars and the city’s largest-ever adaptive...
TPG Angelo Gordon, Lennar-Backed JV Acquires 24-Acre Von Karman Campus for $232MM Residential Conversion in Irvine
IRA Capital more than doubles its investment in three years after navigating entitlement process to rezone former office park for 426-home community A...
