General Services Administration
Greater Los Angeles Office Vacancy Edges Higher as Sublease Retreat and Rent Growth Signal Stabilizing Market
Colliers Q1 2026 data shows occupancy losses narrowing sharply across the region’s 210 million square feet of tracked inventory, with diversifying tenant demand...
Los Angeles Office Market Posts 3.5MM SQFT in Q1 2026 Leasing as Sublease Supply Drops 33% from Peak
Savills reports four consecutive quarters of rising asking rents and six straight quarters of declining sublease availability across the LA basin, though elevated...
GSA Relists Iconic 90-Acre Ziggurat Building in Laguna Niguel After Two Failed Sales
The federal government has tapped CBRE as exclusive advisor to market the storied Chet Holifield Federal Building, one of the largest land parcels...
GSA Renews 95,000 SQFT at 725 S. Figueroa in Downtown LA Amid Federal Consolidation Efforts
The General Services Administration has renewed its lease for 94,910 square feet at 725 South Figueroa Street in downtown Los Angeles, marking the...
Los Angeles Office Market Posts Best Leasing Year Since Pandemic as Recovery Gains Momentum
Los Angeles office leasing activity reached 14.3 million square feet in 2025, the highest annual volume recorded since the pandemic and a notable...
SEC Reverses Course, Extends 58,000 SQFT Los Angeles Lease at 444 S. Flower Through 2029
Decision marks retreat from DOGE-driven federal real estate cuts as agency prioritizes regional enforcement capabilities The Securities and Exchange Commission has renewed its...
Omninet Lists 27,160 SQFT Office Property in Westlake Village for $10.85MM
An office building located at 100 N Westlake Blvd. in Westlake Village has been listed for sale at $10.85 million, or approximately $400...
Hilco Vows to Challenge U.S. Decision to Cancel $177MM Deal for Ziggurat Building in Laguna Niguel
Hilco Development Services’ winning bid canceled by federal government after losing bidder Hoag Memorial Hospital sued GSA LAGUNA NIGUEL, Calif., April 2, 2025 — Hilco...
GSA to Sell 500+ Federal Buildings in Major Real Estate Overhaul
The General Services Administration (GSA), the federal agency responsible for managing government buildings and technology, is embarking on a sweeping initiative to sell...
Laguna Niguel’s Ziggurat Building Sells for $177MM to Hilco Development: Inside the Landmark Auction Win
After months of intense bidding, the government-sponsored auction of the iconic Ziggurat building, officially known as the Chet Holifield Federal Building, concluded with...
Auction For Ziggurat Building In Laguna Niguel Raises Bids to $171MM
By Rhiannon Saegert The current top bid in the online auction for the Ziggurat site, formally known as the Chet Holifield Federal Building,...
Laguna Niguel’s Ziggurat Building Attracts 72 Bids, Price Hits $152MM
The iconic Ziggurat building, officially known as the Chet Holifield Federal Building, has become the focal point of an intense bidding war. The...
