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CommercialFinanceIndustry NewsLeasingLos Angeles

Essapour Wins Defaulted $27MM Note on 153,758-SQFT 626 Wilshire Office Tower in Downtown LA

A Los Angeles investor steps into the lender position on Barker Pacific Group's Financial District tower, where a global data-center anchor and a...

Los Angeles, JLL, Beverly Hills, West Hollywood, Santa Monica, Studio City, Hollywood, Malibu
CommercialFinanceIndustry NewsLos AngelesRetail

36,700 SQFT Former Jumpman LA Flagship Hits the Market in Downtown Los Angeles

CBRE is shopping a retail and creative office building on DTLA’s Broadway corridor with an assessed value of roughly $16MM, testing investor appetite...

Supermarket aisle
FinanceIndustry NewsRetailSan Diego

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...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Larchmont Charter School Taps $25MM Bond to Acquire 59,000 SQFT Hollywood Campus for $20.5MM

Nonprofit buyer's exemption from Los Angeles' transfer tax shaved more than $1 million off the deal as Bolour Associates continues paring back its...

Santa Monica beach with downtown in the background
CommercialFeaturedFinanceIndustry NewsLos Angeles

JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund as Santa Monica’s $162MM Pen Factory Hangs in the Balance

The 24-year-old US Real Estate Income and Growth vehicle had bet on Westside trophy office at the top of the market — now...

lucrezia-carnelos-wQ9VuP_Njr4-unsplash-retail shopping
FinanceIndustry NewsOrange CountyRetail

East Coast Highway Retail Property Totaling 13,800 SQFT Listed for $13MM in Corona del Mar

The multi-tenant asset along East Coast Highway is being marketed at roughly $936 per square foot in one of Orange County's tightest retail...

Irvine, California
FinanceIndustry NewsOrange CountyRetail

Alakai Capital Lists 16,340 SQFT KinderCare-Leased Daycare in Irvine for $21.7MM

The new-construction Crème de la Crème asset is being offered on a 5.75 percent cap rate with a 15-year corporate-guaranteed lease in one...

Aerial view of Carlsbad
FinanceIndustrialIndustry NewsSan Diego

77,700 SQFT Modern Postcard Headquarters in Carlsbad Lists for $20.4MM in Sale-Leaseback Play

The coastal industrial asset hits the market at $263 per square foot with a 7-year leaseback to a 45-year operating tenant A coastal...

Los Angeles Aerial Wilshire Blvd Condos and Apartments
AECFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza

The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the...

Electric photovoltaic solar panels installed on shopping mall building rooftop for production of green ecological electricity. Concept of producing sustainable energy
FinanceIndustrialIndustry NewsSan Diego

Toronto-Listed Automotive Properties REIT Lands 59,800 SQFT Rivian-Leased Building in Vista for $16MM

A Canadian net-lease specialist plants its flag deeper in Southern California's electric vehicle service economy, paying $267 per square foot for a single-tenant...

San Diego skyline
CommercialFinanceIndustry NewsSan Diego

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...

San Diego
IndustrialIndustry NewsLeasingSan Diego

Martin Home Furnishings Renews 115,000 SQFT Otay Mesa Headquarters Lease at EQT Exeter’s 2345 Britannia Blvd in San Diego

The case-goods manufacturer's mid-March renewal at the Class A cross-border distribution building anchors a quarter in which Otay Mesa accounted for nearly half...

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