Industry News
Kenco Logistics Leases Nearly 400,000 SQFT Industrial Facility in Perris
Ontario, CA (May 11, 2021) — Newmark announces it has negotiated a lease on behalf of Kenco Logistics, one of North America’s leading...
Mixed-Use Development Planned for 7.6-Acre Site in Los Angeles Arts District
LOS ANGELES – Continuum Partners and Los Angeles Cold Storage submitted a development application with the City of Los Angeles today to reimagine...
CO Architects Signs 27,461 SQFT Lease at Wilshire Courtyard in Los Angeles
LOS ANGELES, Calif, May 12, 2021 – Onni Group’s Wilshire Courtyard office campus in Los Angeles, California has signed a new long-term lease...
Podcast: James Shannon, Chief Product & Technology Officer @ essensys
James Shannon has a storied career as an entrepreneur and technology leader. He possesses a deep passion for applying his knowledge and experience...
DrinkPAK Expands in Santa Clarita Bringing Total Footprint to ~600,000 SQFT
Newmark Knight Frank (“Newmark”) announces that premier West Coast alcoholic and non-alcoholic beverage manufacturer DrinkPAK, LLC has signed two additional leases for 400,095 square feet,...
Berkadia Hotels & Hospitality Adds Senior Team to Expand Platform in Western Region
SAN DIEGO, CA – April 28, 2021 – Berkadia announced today the addition of Managing Director Scott Hall, who will be responsible for...
Institutional Owner Places Industrial Asset in Central Valley on the Market, Guidance Pricing of Around $85MM
By Jon Peterson An un-named institutional owner has put on the market for sale the 817,000 square industrial property in the Central Valley...
Common Reaches $300MM Management Pipeline in Los Angeles
As it plans to manage $300MM of real estate in LA by the end of 2021, Common bets big on the resurgence of...
100,000 SQFT Industrial Property in Brea Sells for $21MM
LOS ANGELES and BOSTON -- Staley Point Capital ("Staley Point"), a value-add investor focused on industrial properties in Southern California, and Bain Capital...
112,000 SQFT Commercial Building in Norwalk Acquired for $30.2MM
(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $30.2 million, or just under $270 per square foot.)...
Elion Partners Completes Series of Acquisitions, Including $12.95MM Purchase in Carlsbad
(EDITOR’S NOTE: According to industry sources, the property at 6212 Corte del Abeto, Carlsbad, sold for approximately $12.95MM, or $185 per square foot.)...
Report: Rental Rates at All-Time High in San Diego Industrial Market
By Catherine Sweeney San Diego’s industrial market remains competitive as rental rates hit an all-time high in the first quarter of 2021, a...
