Industry News
SDCERS Commits $40MM to KKR’s $3.5BN Real Estate Fund as Close Nears
San Diego pension’s pledge lands as Kohlberg Kravis Roberts pivots its fourth Americas fund toward senior housing and industrial assets in a tightening...
Community Corp. Breaks Ground on 95-Unit Jubilo Village in Culver City After Seven-Year Push
Westside nonprofit developer secures $20 million city loan and state tax credits to deliver Culver City’s first fully affordable project in more than...
DCL Logistics Buys 165,000 SQFT Perris Warehouse From Seefried for $32.2MM, Doubling Down on Inland Empire
The Bay Area-based 3PL paid roughly $195 per square foot for its largest facility to date, betting on owned infrastructure as Inland Empire...
Erewhon Lands First Orange County Store with 17th Street Lease in Costa Mesa
Luxury organic grocer plants flag in OC’s most coveted retail corridor as Whole Foods doubles down in Newport Beach, signaling intensifying competition for...
Harbor Associates, Farallon Land Yorba Linda Commerce Center for $81MM in Off-Market Play
Seal Beach-based operator and San Francisco hedge fund clinch a 280,000-SQFT small-bay infill industrial campus with a $56.3MM loan from QuadReal, doubling down...
Port of Los Angeles Posts Second-Best April Even as Inland Empire Warehouses Bleed Occupancy
Resilient import demand pushed San Pedro Bay volumes to 890,861 TEUs while shipping fuel costs surged nearly 88 percent and Inland Empire industrial...
Chelsea Investment, SDSU Break Ground on 126-Unit Addison Affordable Housing in San Diego’s Mission Valley
The mid-rise project is the first affordable development at SDSU Mission Valley and one of the earliest deliveries under California’s 2024 Faculty and...
Culver City Bets $500,000 on a Production Comeback With New Film Incentive Ordinance
The “Heart of Screenland” rolls back permit fees to 2008 levels, extends a 15-year business tax suspension through 2036 and pledges free parking...
Huntington Beach Council Clears 7,510 SQFT School District Maintenance Building Over Neighbor Objections
A divided council vote ends a two-year permitting battle and clears the way for the Huntington Beach City School District to consolidate operations...
San Diego Breaks Ground on $37.3MM, 20,000 SQFT Oak Park Branch Library
The two-story civic project lands a decade after community organizing began, arriving as the city wrestles with a $6.51 billion infrastructure funding gap....
LPC West, TriGate Test Orange County Office Demand With 420,000 SQFT Square on Main Listing
The Lincoln Property Co. affiliate is taking its Orange campus to market four years after a $97.2MM buy, putting a 99 percent-leased Class...
Western Realco Pays $40.7MM for 134,000 SQFT Anaheim Covered Land Site
Newport Beach-based institutional developer acquires Rexford Industrial’s largest Q1 disposition at $77 per land square foot, betting on long-term OC supply constraints to...
