AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
Southern California’s Data Center Market Navigates Surging AI Demand Against the Nation’s Highest Power Costs
JLL’s year-end 2025 North America report shows Southern California holding 355 MW of existing data center capacity as the broader continent faces an...
Entitled Santa Monica Development Site Hits the Market for $8.5MM in Ocean Park Neighborhood
Property sits nine blocks from beach, five blocks from 30,000-student college with no campus housing An entitled mixed-use development site positioned nine blocks...
Luzzatto-Affiliated Buyer Acquires Google’s 79,000 SQFT Venice Beach Campus for $39.6MM
Sale Closes at $504 Per Square Foot as Iconic Binoculars Building Changes Hands An entity affiliated with the Luzzatto Company has acquired Google’s...
AI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
Jake Heller wasn’t trying to replace his estimator. The commercial real estate developer and AI consultant just wanted to know if artificial intelligence could...
Harbor Associates, Amstar Sell 36,000 SQFT Century City Office Building for $9.1MM
Commercial property on Pico Boulevard trades at steep discount four years after $20.2 million sale The Century City office market continues to reflect...
Mark Kiesel Announces Retirement as Managing Director and Chief Investment Officer for Global Credit at Pimco
Veteran portfolio manager caps 29-year career marked by industry-leading performance, investment innovation, and global recognition for predicting major market events NEWPORT BEACH, CA – November...
Los Angeles Self-Storage Developer Bets Big on Playa Vista Mixed-Use Expansion
A new project aims to add retail and warehouse space to an existing facility in one of LA’s hottest neighborhoods A new mixed-use...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
Hotel Owner Snaps Up Former Snapchat Offices in Venice for $31MM
Boutique hotelier Stefan Ashkenazy acquires Silicon Beach property at steep discount, highlighting ongoing struggles in West LA office market An entity affiliated with...
Bang & Olufsen Plants Flagship in West Hollywood as Part of Entertainment Industry Push
Danish audio brand opens 4,000-square-foot store on design district’s retail corridor, betting on entertainment sector wealth Bang & Olufsen is making a major...
58-Unit Venice Beach Multifamily Property Sells for $13.3MM
Residential building at 15 Paloma Ave closes at $229,310 per unit, below February asking price The Los Angeles multifamily market continues to demonstrate...
