JLL
WareSpace Lands in LA’s Mid Counties with $15.8MM Santa Fe Springs Buy, Pushing Bet on Small-Bay Warehousing to 25 Locations
The Columbia, Maryland-based operator is betting that micro-bay industrial demand will hold up where institutional landlords have retreated, converting an 82,193-SQFT vacant building...
Lumpkin Development Holdings Pays $79 Per Land Square Foot for 4.2-Acre Fontana Industrial Site
Rexford Industrial's $14.5MM Slover Avenue sale to Lumpkin Development Holdings marks a four-year exit from a site the REIT acquired in 2022 —...
Rexford Industrial Trades 100,000 SQFT Valencia Building for $31MM at $310 Per Square Foot
The single-tenant, fully-leased industrial building in the Greater San Fernando Valley submarket sold to an owner-user as Rexford accelerates capital recycling. Rexford Industrial...
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...
Sharp Capital Tests Glendale Office Demand With Listing for Fully Leased 72,600 SQFT Broadway Tower
Beverly Hills-based investor seeks buyer for 425 W. Broadway as Tri-Cities vacancy hits 26.1 percent Sharp Capital is testing investor appetite for a...
Rexford Industrial Sheds 5.1-Acre Irwindale Development Site for $14.5MM
The San Gabriel Valley land sale to an owner-user marks one of five Q1 dispositions as the REIT pivots away from speculative development...
Realtor Groups Pour $602,000 Into Defeating San Diego Vacancy Tax as June Vote Nears
Measure A would impose $8,000 to $10,000 annual levies on non-primary homes left empty more than 182 days a year, with backers projecting...
Orange County Sanitation District Pays Rexford $26.7MM for Adjacent Fountain Valley Industrial Building
The public agency's acquisition of 18250 Euclid Street — next door to its main treatment plant — closed at $425 per square foot...
Southern California Industrial Hits an Inflection Point as Rexford’s Record Leasing Quarter Signals a Forming Trough
The largest pure-play infill SoCal industrial REIT reports its biggest leasing quarter ever, but rents keep falling and vacancy keeps rising — a...
Giphy Exit Slashes Occupancy to 39% at Chinatown Office, Pressuring $10.3MM CMBS Loan
The departure of the anchor tenant from 759 N. Spring Street at lease maturity adds another distressed marker to a Los Angeles office...
Cypress West, TPG Angelo Gordon Acquire 41,000 SQFT Chino Hills Medical Plaza for $17.2MM
The Inland Empire West acquisition closes below the original $17.95 million asking price as the joint venture pushes its medical office portfolio to...
GreenRock and J.P. Morgan Clinch $103MM Tax-Exempt Package for Hyatt Regency Ontario Conversion
A rare pairing of C-PACE bonds and mortgage revenue bonds delivers full-stack capital for National CORE's 295-room Inland Empire repositioning at a moment...
