Industry News
Wagbar Revives West Harbor’s Dog Park Plan With 21,000 SQFT Lease, Leading 3 New San Pedro Deals
Franchised off-leash dog bar Wagbar has committed to more than 21,000 square feet at West Harbor, reviving the dog-park concept San Pedro's $500...
From Plaza West Covina to Santana Row, Landlords Turn Instagram Into a Placemaking and Leasing Tool
Pacific Retail Capital Partners, operator of Plaza West Covina, is among four owners profiled by ICSC that are building Instagram strategies around each...
Buro Happold Takes Full 14,000 SQFT Floor at Silverstein’s U.S. Bank Tower in Downtown Los Angeles
Buro Happold, the British engineering consultancy behind the structures and systems of several of Los Angeles’ signature cultural buildings, has signed a five-year...
LA Industrial Rents Snap 13-Quarter Slide, Hold at $1.23 as Savills Calls Market Bottom
The Los Angeles industrial market's long rent slide has finally hit pause, with Savills reporting flat asking rents, a second straight quarter of...
SoCal’s Emptiest Warehouse Markets: Beaumont/Hemet Hits 30% Vacancy as Amazon Doubles Down on the High Desert
Southern California's highest-vacancy industrial submarkets, most of them on the region's outer edges, are carrying a heavy load of empty space, with Beaumont/Hemet...
7 Brew Enlists CBRE to Hunt Drive-Thru Pads Across 16 Los Angeles County Cities
Arkansas-based 7 Brew, one of the fastest-growing restaurant chains in the U.S., has tapped CBRE to find pad sites and existing drive-thru buildings...
Foothill Catalog Opens Four Tonia Demonstration Homes in Altadena, Sells One at $500,000 Below Market to Eaton Fire Family
The Foothill Catalog Foundation and Williams Rebuild will open four finished demonstration residences on Altadena's Tonia Avenue on Oct. 24, betting that pre-approved...
Michelin, Ross Stores and RLCold Drive More Than 3,000,000 SQFT of New Commitments at Wonderful Logistics Center in Shafter
Wonderful Real Estate has sold land to Michelin and cold-storage developer RLCold, sold a 1.09 million-square-foot warehouse to a global technology and e-commerce...
Inland Empire Apartment Sales Jump 340% as Ventura County Vacancy Climbs to 4.8%
The Inland Empire’s apartment market posted a more than fourfold quarterly jump in sales volume alongside falling vacancy and a shrinking pipeline, while...
Trader Joe’s-Anchored The Knolls, 52,000 SQFT Bixby Knolls Shopping Center, Hits Market in Long Beach at 95% Occupancy
A Chicago-headquartered ownership entity has tapped CBRE to sell The Knolls, a 95 percent occupied, Trader Joe's-anchored neighborhood center on a former Ralphs...
Los Angeles Misses AI Office Wave as VTS Counts 27% Jump in New AI Requirements
VTS research shows new AI office requirements up 27 percent nationally and nearly two-thirds of active demand locked up in San Francisco, New...
Inland Empire Shop-Space Vacancy Tightens to 3.3% Even as Q3 Retail Leasing Slumps
Progressive Real Estate Partners' third-quarter review of the Inland Empire and Eastern San Gabriel Valley finds small-shop vacancy squeezed to 3.3 percent and...
