Industry News
Lincoln Property, McCourt Partners Land $132.7MM Bank OZK Loan for 344-Unit ElevenOneEleven in Culver City
Lincoln Property Company and McCourt Partners have closed a $132.7 million Bank OZK construction loan for ElevenOneEleven, reviving a stalled 3.4-acre Culver City...
PwC’s 138,000 SQFT Move to Irvine Company’s 2121 Avenue of the Stars Ranks as LA’s Second-Largest Q3 Office Lease
Savills' third-quarter tally puts PwC's 138,000-square-foot relocation to Irvine Company's 2121 Avenue of the Stars behind only Raytheon's El Segundo renewal among Los...
International Cargo Terminals Leases 339,000 SQFT Port of LA Distribution Center in San Pedro
International Cargo Terminals has leased the 338,936-square-foot Port of LA Distribution Center at 300-350 Westmont Drive in San Pedro, topping Savills' list of...
EDENS Buys Erewhon-Anchored 72,000 SQFT Summit at Calabasas from Dollinger Properties for $57MM
EDENS has acquired The Summit at Calabasas, the Erewhon-anchored center Dollinger Properties developed along U.S. 101 more than 15 years ago, paying close...
Ross Stores Leases 115,000 SQFT at Atlas Capital’s ROW DTLA for West Coast Merchandising Hub
Ross Stores, the off-price chain behind more than 2,300 Ross Dress for Less and dd's DISCOUNTS stores, has signed an approximately 115,000-square-foot lease...
Southern California Sheds 6.7MM SQFT of Office Stock as California Inventory Shrinks While Texas and Seattle Grow
Southern California led a statewide contraction in office stock over the past year, with Los Angeles, San Diego and Orange County together losing...
Inland Empire Industrial Rents Drop Below $1 as Vacancy Hits 9.9% and Absorption Turns Negative
Inland Empire industrial asking rents slipped below $1 per square foot as vacancy edged up to 9.9 percent and move-outs in the eastern...
LA’s Biggest Warehouses Absorb 4.9MM SQFT This Year as Small-Bay Buildings Give Back 1.4MM SQFT
Los Angeles County's industrial recovery is being carried almost entirely by its largest warehouses, as buildings of 250,000 square feet or more have...
San Diego Office Vacancy Slips to 15% as Absorption Turns Positive Despite Leasing Slowdown
San Diego's office market returned to positive direct absorption in the third quarter and trimmed vacancy to 15 percent, even as leasing volume...
Orange County Office Rents Climb to Five-Year High as Absorption Turns Negative Again in Q3
Orange County's office market gave back space for a second consecutive quarter in Q3 2026, yet average asking rents climbed to $2.93 per...
San Diego NIH Funding Slips to $1B as Federal Budget Fights Test Torrey Pines Research Landlords
National Institutes of Health funding to San Diego researchers slipped to $1.0 billion in the fiscal year that ended Sept. 30, part of...
San Diego Lab Pipeline Goes Dark With Zero Construction, Leaving 9MM SQFT to Absorb
San Diego has no life science space under construction, and Seattle has joined it at zero while the Bay Area’s pipeline shrank to...
