Industry News
Rexford Industrial Lifts 2026 Outlook as SoCal Leasing Surges and $1.2B EQT Portfolio Sale Closes
Rexford Industrial Realty raised its full-year core FFO forecast for the third straight quarter after posting its second-largest leasing volume on record and...
Gloria Sends Data Center Moratorium to San Diego City Council as Manchester Weighs 400-Megawatt NAVWAR Plan
San Diego Mayor Todd Gloria signed an executive order directing staff to bring a temporary citywide data center moratorium to the City Council,...
San Diego Wave Owners Seek Exclusive Talks for 16,000-Seat Stadium, Hotel and Retail District at Del Mar Fairgrounds
The owners of the San Diego Wave have pitched a privately financed, three-phase district at the Del Mar Fairgrounds built around a 12,000-...
Inglewood Starts Building $261MM Transit Connector, Betting Parking Hubs Can Revive Market Street
Inglewood officials broke ground Oct. 21 on the grant-funded first phase of the Inglewood Transit Connector, launching a construction push through spring 2028...
Chetrit Family Opens 348-Room Hotel Clark in Downtown LA After 27 Years and Three Failed Launches
After 27 years of ownership and at least three aborted launches, the Chetrit family has quietly opened the 348-room Hotel Clark at 426...
Barings Lends $138.6MM to Hillwood to Refinance Fully Leased 656,000 SQFT Speedway Commerce Center in Rancho Cucamonga
Hillwood has replaced a 2022 construction loan with a $138.6 million first mortgage from Barings on its two-building Speedway Commerce Center in Rancho...
AMG Land Development Clears Permits for 272-Unit, 166,000 SQFT Affordable Complex at 6650 Reseda Blvd.
Los Angeles building officials have issued permits for AMG Land Development's six-story, 272-unit apartment complex on a vacant Reseda lot, the largest new-construction...
Veterans Affairs Takes 62,000 SQFT of Sorrento Mesa Lab Space, the Only Public-Sector Deal Among San Diego’s Largest Leases
The U.S. Department of Veterans Affairs signed a 62,000-square-foot new lease for Class B lab space in Sorrento Mesa in the third quarter,...
Whova Renews 44,000 SQFT at Seaview Corporate Center in Sorrento Mesa, Leading Submarket’s Q3 Availability Drop
Event-technology company Whova renewed 43,942 square feet at 10182 Telesis Court in Sorrento Mesa, a commitment that Savills credited with leading a 280-basis-point...
Morgan Stanley Smith Barney Renews 30,000 SQFT at 101 W Broadway as Downtown San Diego Availability Hits 35.8%
Morgan Stanley Smith Barney renewed 29,528 square feet at 101 W Broadway during the third quarter, committing to Downtown San Diego even as...
Brightshore’s Tom Shapiro: Rate Shock Sours Housing as Data Centers Lift Industrial
Brightshore Capital founder Tom Shapiro told CNBC that a September rate hike and 30-year mortgages near 7.5 percent have soured both the for-sale...
Costa Mesa Clears 21 For-Sale Homes on Former Bay Harbor Mobile Home Park Site Under State Density Bonus
Costa Mesa planning commissioners cleared a 21-home for-sale subdivision called Eira on the 1.49-acre former Bay Harbor Mobile Home Park site, leaning on...
