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FinanceIndustry NewsLos AngelesRetail

Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM

Nearly nine years after Kmart closed its Valencia store, a Glendale investor has bought the 80 percent occupied, 120,559-square-foot center for $27.5 million,...

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FinanceIndustry NewsRetailSan Diego

Sunroad Enterprises Sells Fully Leased 24,000 SQFT Sunroad Plaza in Vista to All-Cash Institutional Buyer

Sunroad Enterprises has sold Sunroad Plaza, a fully leased 23,540-square-foot drive-thru retail center at 485 Hacienda Drive in Vista, to an all-cash institutional...

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FinanceIndustry NewsInland EmpireRetail

California Gold Development Buys Sprouts-Anchored 44,000 SQFT Victorville Retail Building for $9.3MM

Five bidders competed for a Sprouts-anchored building in Village Center next to Interstate 15, and the Sonora-based buyer won at $9.3 million, about...

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CommercialIndustry NewsLeasingLos Angeles

Pistola Denim Leases 18,000 SQFT at Atlas Capital’s ROW DTLA, Pulling Creative Team Out of Vernon

Womenswear label Pistola Denim is relocating its design and creative operations from a Vernon warehouse to a 17,922-square-foot office at ROW DTLA, deepening...

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FinanceIndustrialIndustry NewsLos Angeles

JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs

JPMorgan Chase has paid PGIM Real Estate $176.5 million for Shoemaker Commerce Center in Santa Fe Springs, locking up nearly a decade of...

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FinanceIndustry NewsLos AngelesRetail

Pacific Retail, Conversant Acquire 884,000 SQFT Pacific View Mall in Ventura From Macerich

The joint venture takes control of an 884,000-square-foot coastal mall that Macerich had classified as a keeper just seven months ago, marking the...

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FeaturedFinanceIndustrialIndustry NewsLos Angeles

CIP Real Estate Acquires 200,000 SQFT Walnut Tech Business Center for $60.65MM in Walnut

Irvine-based CIP Real Estate paid roughly $303 per square foot for an 11-building, 109-suite small-bay park at Valley Boulevard and Lemon Avenue, buying...

Riverside, California
FinanceIndustrialIndustry NewsInland Empire

Sierra Ridge Capital Buys 238K SQFT Riverside Industrial Portfolio, Secures $25MM Loan

JLL Secures $25MM Loan as Sierra Ridge Capital Expands Inland Empire Industrial Footprint A four-building light industrial portfolio in Riverside has changed hands,...

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Orange CountyPeople on the Move

JLL Taps 18-Year Bank Lending Veteran David Ghannadi to Expand Orange County Debt Advisory

JLL Capital Markets has recruited longtime bank lender David Ghannadi to its Orange County office, betting that his balance-sheet experience and relationships will...

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FinanceIndustry NewsLos AngelesResidentialRetail

Decron Properties Lands 163-Unit 5550 Wilshire in LA’s Miracle Mile for $114MM

Decron Properties broke a nearly two-year acquisition pause to buy the 2010-built luxury community from Boston-based GID, betting that irreplaceable Miracle Mile real...

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People on the Move

JLL Elevates Paul Morgan to Chief Operating Officer in Accelerate 2030 Platform Push

The Chicago-based real estate giant has consolidated its enterprise operations under a single new executive as it moves to run as one unified,...

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CommercialFeaturedFinanceIndustry NewsLeasingSan Diego

Irvine Company’s Exit Resets Downtown San Diego Office Values as Towers Trade at Discounts Up to 73%

The Irvine Company's methodical sell-off of its entire Downtown San Diego office portfolio has repriced the district's marquee towers by more than half...

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