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CommercialFeaturedFinanceIndustry NewsLeasingLos AngelesSan Diego

Kilroy Posts Best Q1 Leasing Since 2017 as Southern California Portfolio Anchors 568,000 SQFT Quarter

Los Angeles occupancy climbs while San Diego slips, even as the REIT clears $223MM of SoCal non-core assets and lifts full-year 2026 FFO...

vials inside a lab
FeaturedIndustry NewsLeasingLife ScienceSan Diego

Pharma Doubles Down On San Diego As Alexandria Bets Megacampuses Will Outrun Glut

REIT's University Town Center anchor leases offset Sorrento Mesa weakness as countywide vacancy hits historic highs. San Diego's life science real estate market...

Hollywood sign in Hollywood hills
FinanceIndustry NewsLos AngelesResidential

Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers

The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots...

Del Mar California Public Welcome Sign
CommercialFinanceIndustry NewsSan Diego

Kilroy Sheds 39,000 SQFT Del Mar Tech Center for $21MM in San Diego Capital Recycling Push

Sale of the Class B Carmel Valley office property at $542 per square foot trims Kilroy's San Diego footprint as the REIT pivots...

San Diego skyline
AECFeaturedHospitalityIndustry NewsResidentialSan Diego

San Diego Greenlights $14B Civic Center Overhaul, Golden Hall Demolition Slated for 2027

A 30-year transformation of downtown's struggling core would deliver 2,300 housing units, a community college campus and an expanded Civic Theater under a...

Shopping center in Southern California
FinanceIndustry NewsInland EmpireRetail

Phillips Edison Cashes Out of Corona Grocery Center for $38.2MM, Booking 83% Gain

A Northern California 1031 buyer paid roughly $346 per square foot for the fully-leased Ralphs-anchored center — the kind of price that signals...

Pasadena Sign and Palm Tree
CommercialFinanceIndustry NewsLos Angeles

State Compensation Insurance Fund Acquires 159,000 SQFT Pasadena Tower for ~$33MM, a 43%Discount to Swift’s 2019 Basis

California's public workers' compensation carrier plans to anchor the nine-story Class A building as a Southern California hub while leasing the balance to...

Irvine, California
CommercialFinanceIndustry NewsOrange County

107,000 SQFT Centerstone Plaza Trades for $32MM as New York Life Exits Irvine Office at Sharp Discount

The 107,028-SQFT suburban Irvine office campus clears at a 37 percent haircut to its 2016 basis, underscoring the ongoing institutional office reset. New...

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FeaturedFinanceIndustry NewsLos AngelesRetail

Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio

The Santa Monica-based mall operator's 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...

office building facade
CommercialFinanceIndustry NewsLos Angeles

Heitman Relists 650,000 SQFT Pasarroyo Office Campus in Pasadena Three Years After Foreclosure

The Chicago-based investment manager is testing buyer appetite for the block-sized South Lake Avenue complex after taking back the keys on more than...

warehouse truck ports and doors
IndustrialIndustry NewsLeasingOrange County

Houdini Signs Quarter’s Largest New Orange County Industrial Lease at 2501 E. Orangethorpe Avenue in Fullerton

The Fullerton-based gift basket maker took 229,422 SQFT in its home city as North County reasserted its pull on bulk-distribution users. Gift basket...

Anduril logo on the exterior of the company's headquarters
IndustrialIndustry NewsLeasingOrange County

Anduril Anchors Q1 With 177,766 SQFT Santa Ana Industrial Lease at Lake Center Campus

The defense contractor's latest Orange County occupancy underscores the Airport Area's pivot toward aerospace and advanced manufacturing tenants. Anduril Industries signed the largest...

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