Industry News
$19MM Bridge Refinance Secured for 55-Unit North Park Loft Apartments in San Diego
The owner of a newly built 55-unit loft apartment building in San Diego’s North Park was facing a paydown of up to $4...
CODA Logistics & Distribution Leases 211,000 SQFT at 20974 S Santa Fe Avenue in Carson for First West Coast Freight Hub
New Jersey-based container freight station operator CODA Logistics & Distribution has committed to 211,446 square feet at 20974 S Santa Fe Avenue in...
20,000 SQFT Retail Beneath Santa Monica’s Waverly and Seychelle Condos Hits Market at $17MM, 70% Above 2021 Sale
The leasehold on two retail condominiums beneath Related California's Waverly and Seychelle towers on Ocean Avenue is back on the market at $17...
Los Angeles County Apartment Sales Slip 7% as 24,911-Unit Pipeline Pressures Lease-Ups
Los Angeles County’s apartment sales slipped in the third quarter even as the broader Southern California market rebounded, with a 24,911-unit construction pipeline,...
San Diego Industrial Absorption Turns Positive as Investment Sales Jump Nearly 42%
San Diego County's industrial market absorbed 205,700 square feet in the third quarter and pushed vacancy lower even as 847,200 square feet of...
Mokri Vanis & Jones Relocates to 28,000 SQFT at 19540 Jamboree Road in Irvine
Litigation firm Mokri Vanis & Jones LLP has moved its main office from Newport Beach to a 28,412-square-foot space on a five-building Class...
Lake Creek Industrial’s 3,481,000 SQFT Logistics Campus Clears Apple Valley Planning Commission
Apple Valley's Planning Commission has sent Lake Creek Industrial's three-building, 3.48 million-square-foot speculative logistics campus beside the town airport to the Town Council,...
Alliant Communities Lands $36MM Measure ULA Loan for 200-Unit Affordable Project on Former Northridge Rite Aid Site
Calabasas-based Alliant Communities has lined up a $36.1 million Measure ULA commitment from the Los Angeles Housing Department to replace a shuttered Rite...
JPI Wins Lakewood Approval to Replace Former AARP Office With 388-Unit Apartment Complex at 3200 E. Carson St.
Texas-based developer JPI has secured City of Lakewood approval to demolish AARP's former 84,000-square-foot regional office and build a five-story, 388-unit apartment community...
LC Logistics Leases 573,000 SQFT Rancho Cucamonga Warehouse at 9333 Hermosa Avenue
LC Logistics has committed to a 573,000-square-foot warehouse at 9333 Hermosa Avenue in Rancho Cucamonga, landing one of the largest new leases of...
COVA Resort Wins Coachella Planning Nod for 87-Acre Hotel, Homes and Public Beach Club
Coachella's Planning Commission recommended conditional approval of COVA, an 87-acre hotel, resort, residential and public beach club development from a Relevant Group affiliate,...
LA Industrial Pipeline Swells to 5.8MM SQFT as Xebec, Prologis, Overton Moore Bet on Spec Warehouses
Los Angeles County's industrial construction pipeline has grown to 5.8 million square feet even as deliveries fell by more than half this year,...
