Industry News
KB Home Announces Grand Opening of Magnolia Square in Buena Park
BUENA PARK, Calif.— KB Home (NYSE: KBH) today announced the grand opening of Magnolia Square, a new, gated townhome community situated in a...
Classical Academy Purchases 51,807 SQFT Office Building in Vista for $10.1MM
San Diego –– CBRE announced the sale of a 51,807 square-foot office property situated on 7.8 acres to Classical Academy for $10.1 million...
Reports: Alternative Sectors Lead the Way Amid Pandemic
By Catherine Sweeney As commercial real estate faced a difficult year amid the COVID-19 pandemic in 2020, many alternative sectors saw increased activity....
Principal Real Estate Investors Leases 203,408 SQFT Industrial Space in Ontario
Ontario, CA (May 13, 2021) — Newmark Knight Frank (“Newmark”) announces it has negotiated a 203,408-square-foot lease at California Commerce Center in Ontario, California. ...
260,250 SQFT Mixed-Use Building Coming to Hollywood
By Catherine Sweeney A vacant building at 1546 North Argyle and 6224 West Selma Street will soon become Modera Argyle, a mixed-use property...
Santa Monica CRE Market is Bouncing Back, Industry Experts Report
By Catherine Sweeney Los Angeles and its surrounding submarkets continue to reopen amid the COVID-19 pandemic, and industry experts say Santa Monica could...
California to Provide $250MM Covid-19 Relief for Ports
Sacramento, CA – Governor Newsom today announced a proposed one-time, $250 million allocation to California ports to help them recover from effects of the Covid-19...
Multifamily Development Site Near USC in Los Angeles Sells for $5MM
Los Angeles – May 13, 2021 – CBRE announced the sale of a 0.29-acre multifamily development site near the University of Southern California...
Multifamily Community in Los Angeles Sells for $55MM
LOS ANGELES -- Walker & Dunlop, Inc. announced today that it completed the $55,000,000 sale of The Estelle on behalf of Canfield Development,...
Terreno Realty Corporation Acquires Property in Torrance for $6.3MM
BELLEVUE, Wash.--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property...
Blackstone Group Expected to Purchase 66 Residential Complexes in San Diego for $1B
By Catherine Sweeney New-York based investment firm Blackstone Group is planning the purchase of 66 residential complexes in San Diego for more than...
Metropolitan Invests $19.6MM in Santa Monica Water Recycling Project
Board votes to approve $19.6 million in funding from Local Resources Program LOS ANGELES--A recycled water and groundwater recovery project that will produce...
