Divergent Technologies
LA Industrial Rents Snap 13-Quarter Slide, Hold at $1.23 as Savills Calls Market Bottom
The Los Angeles industrial market's long rent slide has finally hit pause, with Savills reporting flat asking rents, a second straight quarter of...
Ernest Packaging Solutions Expands by 273,000 SQFT at 2400 E. Artesia Blvd. as LA Industrial Vacancy Bottoms Out
Ernest Packaging Solutions, the family-run Los Angeles distributor that started in a garage in 1946, added 273,000 square feet of industrial space in...
Hines Buys Northwood Space-Leased 180,000 SQFT Torrance Headquarters From Lift Partners for $76.5MM
County records show Hines' flagship U.S. Property Partners fund is the buyer behind Lift Partners' sale of 18500 Crenshaw Boulevard, paying an implied...
Aerospace and Defense Tenants Power South Bay Industrial Boom, Cutting LA Vacancy to 3.9%
Newmark's second-quarter report shows aerospace and defense manufacturers absorbing hundreds of thousands of square feet across El Segundo, Torrance and Long Beach, pushing...
LA Industrial Absorption Hits Post-2021 High as Rents Slide 10.3% Year-Over-Year
Tenants across Los Angeles County chased down cheaper space in the second quarter, pushing industrial net absorption to its strongest level in five...
Divergent Technologies Lands 415,000 SQFT Long Beach Industrial Lease as LA Absorption Hits Four-Year High
Divergent Technologies, the Los Angeles-area advanced-manufacturing company known for 3D-printed vehicle and defense structures, signed one of the largest new industrial leases of...
