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Industry NewsLeasingRetail

Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint

Verizon’s decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls...

Shopping center in Southern California
FeaturedFinanceIndustry NewsLeasingLos AngelesRetail

Tri-Grocery Anchored 518,000 SQFT Cerritos Towne Center Leasehold Hits Market in Los Angeles County

The super regional center sits on a municipal leasehold running through 2083 and is being offered on a best-offer basis with no published...

901 Corporate Center Dr, Monterey Park, CA 91754
CommercialFinanceIndustry NewsLos Angeles

Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut

Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in...

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FinanceIndustry NewsOrange CountyRetail

Investment Concepts Acquires 23,600 SQFT San Clemente Shopping Center for $21MM

Plaza Pacifica trades hands at year-end as grocery-adjacent retail holds investor appeal in coastal Orange County Commercial real estate transactions in Orange County’s...

AECFeaturedHospitalityIndustry NewsResidential

Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount

The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...

office workers
CommercialFeaturedIndustry News

Office Workers Are Coming Back—And This Time, They’re Staying

After a summer slump, September’s foot traffic data signals a turning point in America’s return-to-office saga The great return-to-office debate appeared to have...

jessi-pena-2amYDWl_rIc-unsplash-san clemente
FinanceIndustry NewsOrange CountyRetail

23,000 SQFT San Clemente Shopping Center Hits Market at $23.25MM

Plaza Pacifica offering reflects strong demand for grocery-anchored retail properties in affluent Southern California markets Investors seeking retail properties in Southern California have...

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CommercialFeaturedIndustry News

Office Occupancy Reaches New Peak as Hybrid Work Battle Continues

Tuesday remains the new Monday as office attendance hits 65.3 percent across major metros, but resistance to return-to-office mandates continues to mount Office...

praswin-prakashan-CxEUOs20Gec-unsplash-micorsoft
CommercialFeaturedIndustry News

Microsoft’s Office Return Reflects Growing Industry Trend

Microsoft weighs stricter attendance rules as companies continue pulling back from pandemic-era flexibility The corporate world’s return-to-office momentum appears to be accelerating in...

Shopper using a credit card with the card terminal
FinanceIndustry NewsInland EmpireRetail

72,000 SQFT Fontana Retail Center Anchored by Ethnic Grocer Hits the Market

A 72,841-square-foot retail center located at 16212 Foothill Boulevard in Fontana has been brought to market. The 7.31-acre property, known as Cardenas Marketplace,...

Costa Mesa Orange County Aerial
CommercialIndustry NewsOrange County

Serendipity Labs Takes Over 39,000 SQFT Former WeWork Space in Costa Mesa

A prime Costa Mesa office space that once housed the troubled coworking giant WeWork has found new life with another flexible workspace provider....

Aerial view of Carlsbad
CommercialFinanceIndustry NewsSan Diego

101,000 SQFT Wright Place in Carlsbad Sold by Harbor Associates for $23MM

The Wright Place office campus in Carlsbad, California, sold for $23 million in April 2025. The 101,406-square-foot property features amenities like a fitness...

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