California
West Marine to Shutter Five California Stores in Chapter 11 Restructuring, Cutting Home-State Footprint to 12
West Marine, the boating-supply retailer born in California nearly six decades ago, will close five of its 17 stores in the state as...
KB Home’s California-Led West Coast Bucks the Slump on Orders as Prices Retreat
KB Home’s West Coast region, anchored by its core California markets, was the lone bright spot for new orders in a difficult second...
Infill Retail and Grocery Owners Land EV Fast-Charging Leases the Big REITs Can’t Reach
A surge of letters of intent for DC fast charging is flowing to single-property and small-portfolio retail and grocery owners in high-adoption markets,...
California Owns the West Coast’s Highest Median Income but Slips to 13th Nationally as Costs Bite
California boasts the highest median income on the West Coast, yet a thin lower-earning tier and punishing living costs dropped it to 13th...
HACLA Lands 44-Unit Sawtelle Multifamily Asset for $16.65MM, Sets Record $718 Per Square Foot
The Housing Authority of the City of Los Angeles expands its West Los Angeles affordable portfolio with a newly built, fully deed-restricted property...
Medical Chemical Corporation Lands 65,670 SQFT Lease at Terreno Realty Building in Rancho Dominguez
The Torrance-based laboratory reagent maker is consolidating four units into a single, upgraded facility, capitalizing on a softer South Bay market to lock...
Sana’a Cafe Lines Up Wilshire Lease, Targets San Diego in Southern California Push
The Hayward-based Yemeni chain already operates flagship cafes in Hollywood and Lake Forest. Now a new Wilshire Boulevard lease and a planned San...
Walmart Clinches 507,000 SQFT Riverside Cold Storage Hub for $223MM, Locking In Critical Inland Empire Grocery Node
The retail giant converts a 16-year lease into ownership at 1001 Columbia Avenue, doubling down on temperature-controlled distribution as cold storage supply tightens...
Albertsons-Shadow-Anchored Lemon Grove Plaza Hits Market at $26.04MM Asking Price
Hanley Investment Group is marketing the 157,183-SQFT San Diego County neighborhood center at a 6.40 percent cap rate as institutional capital sharpens its...
New-Construction Chipotle in Palmdale Trades at 4.45% Cap, Lowest for Brand in California in 2.5 Years
The $4.39 million deal for the 2,325-square-foot pad signals aggressive investor appetite for newly built, corporate-guaranteed quick-service restaurants in high-growth Southern California retail...
California Added 28,700 Jobs in March as Unemployment Eased to 5.3%
State posted strongest start to a calendar year since 2022 as health services led gains while professional and business services pulled back, according...
Regent Properties Markets 116,000 SQFT Rancho Bernardo Office Campus With Path to 283 Residential Units in San Diego
Bernardo Heights Corporate Center carries $1.6MM of in-place NOI but is being pitched as much for its 7.01-acre redevelopment potential as for its...
