Industry News
SpaceX’s Record IPO Unleashes a Coastal Buying Wave, and South Bay Housing Is Ground Zero
SpaceX’s $75 billion public debut has created thousands of new millionaires clustered in Los Angeles County’s aerospace corridor, and brokers from Manhattan Beach...
Borstein Enterprises Acquires 281,999-SQFT Barranca Business Park in Irvine for $94MM
Privately held Borstein Enterprises has purchased the 13-building Barranca Business Park in Irvine’s Spectrum submarket from insurance giant Northwestern Mutual, adding a multi-tenant...
L.A. Council Clears $2B Fourth & Central, Greenlighting 1,521-Unit Megaproject That Will Redraw the Downtown Skyline
After a five-year entitlement battle, the Los Angeles City Council has approved Fourth & Central, a $2 billion, 10-building mixed-use complex that will...
San Diego VC Funding Nears $5B by Midyear as AI Overtakes Life Sciences in Record 2026 Pace
Venture capital is flooding into San Diego startups at a record clip in 2026, but the money is chasing a different kind of...
LA Office Leasing Slides to 2.1MM SQFT in Q2 as Tenants Chase Trophy Space, Cushman & Wakefield Reports
Los Angeles office leasing decelerated sharply in the second quarter of 2026, but a widening divide between premier towers and the broader market...
Southern California Industrial Prices Reset as Sale Values Fall 21.7% and Construction Pipeline Shrinks
Southern California’s industrial market moved toward equilibrium in the second quarter of 2026 as a sharp pullback in construction and steady leasing helped...
Tight Vacancy and Class C Bargain Hunting Fuel 25% Jump in Los Angeles Multifamily Deal Flow
Los Angeles County’s apartment market is holding its ground through economic turbulence, with vacancy compressed near multi-year lows and private capital chasing small...
Melia Homes Wins Approval to Replace Vacant Orange Best Buy With 71 Small-Lot Homes
Irvine-based Melia Homes has secured City of Orange approval to demolish a long-shuttered Best Buy on Tustin Street and build a 71-home small-lot...
San Diego Launches Affordable Housing Preservation Fund With $8.5MM to Stem Loss of Low-Rent Apartments
The San Diego City Council voted unanimously to create an Affordable Housing Preservation Fund and seed it with $8.5 million, handing the San...
Gensler Research Finds the District, Not the Stadium, Now Drives Fan Decisions Across North America
New research from the Gensler Research Institute, drawn from nearly 6,000 residents across major U.S. and Canadian metros, finds that the neighborhoods built...
Hoag Clinches 92-Acre Ziggurat Campus in Laguna Niguel for $207MM, Ending Three-Year Federal Sale Saga
Hoag Memorial Hospital Presbyterian has emerged as the final winner of Orange County’s most contested real estate disposition, acquiring the 1-million-square-foot Chet Holifield...
Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM
Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...
