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FinanceIndustrialIndustry NewsLos Angeles

Institutional Investor Acquires 179,000 SQFT San Dimas Commerce Center for $41MM

An unnamed national institutional investor has purchased San Dimas Commerce Center, a fully parceled 19-building light industrial park in the San Gabriel Valley,...

Jon Busse headshot
People on the Move

Kidder Mathews Welcomes Veteran Investment Sales Broker Jon Busse to Carlsbad Office

San Diego, Calif. (August 12, 2026) – Kidder Mathews is pleased to announce that veteran commercial real estate investment broker Jon Busse has joined...

UCLA campus in Los Angeles
FinanceIndustry NewsLos AngelesResidential

UCLA Housing Group Acquires 16-Unit Westwood Co-Living Asset for $8.5MM Student Housing Conversion

A newly built co-living complex minutes from UCLA has traded out of receivership to a university-affiliated buyer that plans to convert the property...

Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup

A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles’ stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...

Santa Monica Pier sign
CommercialFinanceIndustry NewsLos Angeles

Wildwood School Acquires 101,000 SQFT Ocean Park Plaza for $50.6MM in Santa Monica

A private co-educational school has purchased Santa Monica’s largely empty Ocean Park Plaza in an all-cash deal, pulling a full city block of...

daniel-neuhaus-FGFwCwGPjpI-unsplash-homes houses neighborhood
FeaturedIndustry NewsLos AngelesOrange CountyResidentialSan Diego

West Hollywood Tops Nation at $8,200 as Southern California Claims Most of America’s Priciest Single-Family Rental Markets

Southern California’s coastal enclaves have tightened their grip on the top of the U.S. single-family rental market, with West Hollywood posting the highest...

airport with planes in line to take off
AECCommercialIndustry NewsSan Diego

Coastal Commission Backs Carlsbad’s Airport Land-Use Limits, Escalating Eight-Year Fight With San Diego County

A unanimous California Coastal Commission vote handed Carlsbad a procedural win in its long-running campaign to constrain McClellan-Palomar Airport, locking in zoning changes...

R.D. Olson Construction, Woodland Hills, Meta Housing Corp., Los Angeles, The Alcove, Topanga Westfield Mall, A.C. Martin
FinanceIndustry NewsLos AngelesResidential

Pier Rock Forecloses on 100-Unit Lido Apartments in Hollywood, Takes Title Backed by $14.5MM Prime Finance Loan

A Mill Valley-based investor bought the defaulted note on the Hollywood building featured in the Eagles’ Hotel California artwork, foreclosed on it and...

IKEA sign on the building with a blue and yellow wall
Industry NewsRetailSan Diego

IKEA Opens South Bay Doors July 22 with Grand Opening Celebration at San Diego’s Southland Plaza

IKEA will cut the ribbon on its South Bay plan and order point at Southland Plaza Shopping Center on July 22 with a...

trade port
FeaturedIndustrialIndustry News

California’s Share of U.S. Export Trade Slips to 8% as Real Shipment Value Falls

California shipped $16.735 billion in merchandise abroad in May while the rest of the country surged ahead, dropping the state’s share of national...

warehouse truck ports and doors
FinanceIndustrialIndustry NewsInland Empire

Southwest Traders Buys 230,000 SQFT Gateway at Menifee Warehouse for $40.5MM, Plans $25MM Cold-Storage Conversion

A Temecula foodservice distributor has purchased a newly built Inland Empire warehouse in an accelerated all-cash-speed deal, betting roughly $65 million in total...

Skyline of Los Angeles with the railroad in the foreground
CommercialFinanceIndustry NewsLeasingLos Angeles

PwC’s Exit From 601 Fig Tests Uncommon Developers’ $148MM Loan on 1MM-SQFT Downtown L.A. Tower

PricewaterhouseCoopers will vacate 114,000 square feet at Downtown Los Angeles’ 601 S. Figueroa Street in 2028 for a 150,000-square-foot lease in Century City,...

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