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CommercialFinanceIndustry NewsLos Angeles

Acore Moves to Foreclose on GPI’s Vacant 230,000 SQFT West End Office Campus Over $82.5MM Debt

GPI Companies' West End, the 230,000-square-foot creative office conversion of the former Westside Pavilion Macy's, is headed toward foreclosure after lender Acore Capital...

Office building
CommercialFinanceIndustrialIndustry NewsLeasingLife Science

121,000 SQFT Oceanfront Enclave @ Carpinteria Tech Campus Hits Market for Sale and Lease

The three-building Enclave @ Carpinteria, a 121,230-square-foot campus on 9.47 acres between Highway 101 and the Pacific Ocean, is now being offered to...

Executives falling with fire in background
CommercialFinanceIndustry ContributorsIndustry News

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

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...

UCLA campus in Los Angeles
AECFeaturedIndustry NewsLeasingLife ScienceLos Angeles

UCLA Clears Environmental Hurdle for 1.35MM-SQFT Westside Pavilion Conversion Into Research Hub

The university's adaptive reuse play to convert a dead mall into a multidisciplinary science campus moves into formal CEQA review, with a public...

Santa Monica beach with downtown in the background
FinanceIndustry NewsLos AngelesRetail

Global Mutual Lists 21,500 SQFT Triple-Net Retail Asset on Santa Monica’s 3rd Street Promenade for $26.88MM

Three-tenant property anchored by Dodgers Clubhouse, Patagonia, and Wilson Sporting Goods trades at a 6.5 percent cap rate with assumable Morgan Stanley financing...

Rocket launching graphic
FeaturedFinanceIndustry News

Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind

OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...

California flag
CommercialFeaturedFinanceIndustry NewsResidential

California’s Tech Boom Masks a Shrinking Job Market, Beacon Economics Warns

The Information sector now drives more than 12 percent of state GDP, but hyper-productive Tech companies are generating wealth without generating employment—leaving California...

office building
CommercialFinanceIndustrialIndustry News

Praelium, Blackbird, and H.I.G. Capital Acquire Majestic’s 733,000 SQFT Tech Park @ Goleta Portfolio for Record-Setting $235MM

The five-campus, 17-building recapitalization marks the largest non-hotel commercial transaction ever recorded on Santa Barbara County's South Coast, reinforcing institutional demand for supply-constrained...

futuristis vehicle rendering
CommercialIndustry NewsLos Angeles

Faraday Future Signs Lease for 99,200 SQFT El Segundo Campus, Abandoning Gardena Headquarters After 12 Years

The EV-turned-robotics company is downsizing from its 146,765-square-foot Gardena facility to a creative office on Grand Avenue, betting on Silicon Beach to fuel...

McNellis Partners, International Council of Shopping Centers, ICSC, ULI, Retail, Palo Alto
FeaturedIndustry News

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...

Cables of servers in a data center
FeaturedIndustrialIndustry News

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...

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