Beacon Capital Partners
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
Izek Shomof Files to Convert 19-Story, 400,000 SQFT Glendale Office Tower Into 312 Residential Units
Prolific adaptive reuse developer acquires 101 N. Brand Boulevard at a 54 percent discount from its 2016 sale price, betting on residential demand...
Shomof Group Files to Convert 480,000-SQFT Landmark Square Office Tower Into 391 Residential Units in Long Beach After $50MM Acquisition
The proposed adaptive reuse of the 24-story tower at 111 West Ocean Boulevard follows a 63 percent price markdown and joins a growing...
Shomof Group Acquires Long Beach’s 460,000 SQFT Landmark Square for $50MM at 63% Discount in Distressed Office Market Sale
Landmark Square sale underscores persistent challenges in California’s post-pandemic office market In a transaction that highlights the continuing distress in California’s commercial office...
Pendulum & Landrock Acquire 505 North Brand in Glendale for $56MM in Discounted Deal
In a significant Southern California real estate transaction, Pendulum Property Partners and Chicago-based Landrock have purchased the 15-story office building at 505 North...
Beacon Capital Sells 410,000 SQFT Glendale Office Tower for $58.8MM
In a move that underscores the state of Southern California’s real estate market, developer Izek Shomof has acquired a 19-story office tower in...
Beacon Capital Partners Lists 416,162 SQFT Glendale Mixed-Use Property for Sale
By Rhiannon Saegert A 19-story office and retail property in Downtown Glendale with a distinctive public art installation is available for purchase. The...
CalSTRS Allocates $1.3B for New Real Estate Opportunities Across West Coast Markets
By Jon Peterson California State Teachers Retirement System (CalSTRS) has issued $1.3 billion of new capital into three joint ventures with managers that will...
