Industry News
Inland Empire Renewal Wave Tops 3.6MM SQFT as Landlords Cut Rents to Keep Warehouse Tenants
Inland Empire warehouse tenants that held off on real estate decisions through a stretch of tariff swings and economic uncertainty have reached their...
KF Partners Acquires 152,000 SQFT MacArthur Plaza in Irvine From CM Stratplan for $26.5MM
KF Partners acquired MacArthur Plaza, a nine-story, 151,706-square-foot office tower facing John Wayne Airport, from CM Stratplan for $26.5 million, a price of...
AMP Logis Transportation Leases 201,000 SQFT Freeway-Front Warehouse at 3030 S Atlantic Boulevard in Vernon
Logistics operator AMP Logis Transportation has signed a new lease for the entire 200,683-square-foot industrial facility at 3030 S Atlantic Boulevard in Vernon,...
Marsh McLennan Agency Relocates to 33,000 SQFT at 250 Progress in Irvine’s Innovation Office Park
Insurance brokerage and advisory firm Marsh McLennan Agency has committed to 32,819 square feet at 250 Progress, a newly built creative office building...
Wayfair Renews 2,008,000 SQFT Across Two Perris Warehouses as Inland Empire Renewal Wave Builds
Wayfair has renewed its leases on two neighboring Class A distribution buildings totaling 2,008,281 square feet on Indian Avenue in Perris, locking in...
Amazon, DP World Logistics Take 1,332,000 SQFT Prologis Warehouse in Moreno Valley
Amazon and DP World Logistics have taken all 1,331,763 square feet of a 2020-vintage cross-dock warehouse on Krameria Avenue in Moreno Valley, topping...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
Galvanize Buys Link Logistics’ Three-Building, 285,000 SQFT Tustin Industrial Portfolio for $74.1MM
Galvanize Real Estate, the climate-focused property arm of Tom Steyer's investment firm Galvanize, has paid $74.1 million for a three-building Tustin industrial portfolio...
Taylor Morrison Buys 185,000 SQFT Tustin Financial Plaza From Kingsbarn, Kelemen for $68.7MM to Build 145 Homes
Homebuilder Taylor Morrison paid $68.7 million for Tustin Financial Plaza, a five-building office campus that Kingsbarn Realty Capital and The Kelemen Company bought...
Overton Moore Properties Buys 248,000 SQFT MEI-Leased La Mirada Industrial Facility From Brookfield for $58.5MM
Overton Moore Properties paid $58.5 million for Brookfield's 248,105-square-foot La Mirada industrial building, inheriting a freshly renewed, market-rate lease with heavy-equipment specialist MEI...
Nuveen Real Estate Acquires 174,000 SQFT Marigold Center in San Luis Obispo from First Washington Realty for $58.25MM
Nuveen Real Estate has acquired Marigold Center, a Vons-anchored community center on San Luis Obispo's south side, from First Washington Realty for $58.25...
Inland Empire Industrial Construction Hits 15.1MM SQFT as Five Megaprojects Test 9.9% Vacancy
Inland Empire industrial construction climbed to 15.1 million square feet in the third quarter, its highest level since 2024, led by five projects...
