Industry News
LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085
Investors have put $3.3 billion into Los Angeles County apartment properties of 50 or more units so far this year, a 44 percent...
Galaxy Holding Trades Entitled Art Deco Hotel for 27-Story, 239-Unit Tower at 6409 Sunset Blvd. in Hollywood
A decade after R.D. Olson Development first set out to replace a Sunset Boulevard drive-through with a 21-story Art Deco hotel, Galaxy Holding...
Blackstone’s Logistics Leasing Jumps 45% as Warehouses Shield Q3 Real Estate From Rate Shock
Blackstone reported that leasing across its U.S. logistics platform surged 45 percent in the third quarter, helping offset rate-driven markdowns in its opportunistic...
Fully Entitled 1000 S. Mateo St. Site Hits Market in Arts District With Plans for 106 Live-Work Condos and 120,000 SQFT of Commercial Space
A 1.42-acre, block-to-block parcel in the southern reaches of Downtown Los Angeles' Arts District has come to market with full entitlements for a...
339-Room Holiday Inn in Torrance Wraps Multi-Million-Dollar Overhaul as South Bay Hotels Bet on Super Bowl, Olympics
Holiday Inn Los Angeles Gateway – Torrance has finished a two-year, property-wide renovation of its 339-room Harbor Gateway tower, rolling out event-day packages...
Manolo Farmers Market Owners Break Ground on 120-Unit Market View Apartments on National City Parking Lot
The family behind Manolo Farmers Market has started construction on Market View, a 120-unit workforce apartment community on the grocer's own surface parking...
Maravai LifeSciences Renews 102,000 SQFT in Sorrento Mesa, Shrinking Its Lab Footprint as Class A Vacancy Hits 45.9%
Maravai LifeSciences renewed 102,207 square feet of Class A lab space in Sorrento Mesa while shrinking its overall footprint, landing the second-largest San...
County of San Diego Renews 60,000 SQFT at 3666 Kearny Villa Road in Kearny Mesa, Topping Q3 Office Deals
The County of San Diego chose to stay put in Kearny Mesa, renewing a 60,000-square-foot office lease at 3666 Kearny Villa Road in...
Lender Puts Blackstone, Hudson Pacific’s Vacant 240,000 SQFT Sunset Glenoaks Studios in Sun Valley on the Block
Colliers is marketing Sunset Glenoaks Studios, the empty seven-stage production campus Blackstone and Hudson Pacific Properties completed in Sun Valley in 2024, on...
San Diego Foundation, Bear Creek Commit $100MM to Fast-Track 257 Workforce Homes in North Park and Normal Heights
The San Diego Foundation and Denver-based Bear Creek Fund Advisors have formed a $100 million partnership to finance the State Street Portfolio, four...
Post Investment Group Buys 302-Unit Violet on Virgil From Blackstone’s LivCor for $60MM, a 33% Haircut in LA’s Rampart Village
Blackstone's apartment platform LivCor has sold the 302-unit Violet on Virgil complex near Koreatown to Post Investment Group for $60 million, booking a...
Bridge Logistics Properties Pays $53.7MM for XPO-Leased 21-Acre Truck Terminal in Santa Fe Springs
Bridge Logistics Properties paid about $53.7 million for a 21.3-acre cross-dock truck terminal at 12903 Lakeland Road in Santa Fe Springs, fully leased...
