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FinanceIndustry NewsLos AngelesRetail

97,000 SQFT Burlington, Bank of America & 24 Hour Fitness Anchored Retail Offering at Lakewood Center Listed for $50.69MM

The offering at California’s most-visited retail destination represents approximately $521 per square foot and comes months after a joint venture acquired the broader...

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FeaturedFinanceIndustry NewsLos AngelesRetail

Macerich Sheds Nearly $500MM in Southern California Retail Assets as Path Forward Plan Reshapes Portfolio

The REIT completed dispositions including Lakewood Center and The Oaks while its go-forward centers posted stronger tenant sales and positive re-leasing spreads across...

AECCommercialFeaturedIndustrialIndustry NewsLos Angeles

Anduril Bets $1 Billion on California Despite Tech Exodus, Plans Massive Long Beach Defense Campus

Defense tech firm commits to 5,500-job campus in historic aerospace hub, citing talent over lower-cost alternatives Defense technology firm Anduril Industries is making...

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FinanceIndustry NewsLos AngelesNews ReleasesRetail

Pacific Retail, Lyon Living, and Silverpeak Purchase 2MM SQFT Lakewood Center from Macerich for $332.1MM

(EDITOR’S NOTE: The sale followed a strategic move by Macerich to acquire its joint venture partner’s 40 percent interest in the property in late...

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AECFeaturedFinanceIndustry NewsResidential

California Housing Costs Soar to 2.3X Texas Levels as Construction Regulations Take Heavy Toll

New RAND study reveals stark regional differences in multifamily housing production costs, with policy reforms offering potential solutions California’s notoriously high housing costs...

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CommercialFinanceIndustry NewsLos Angeles

AARP Lists 84,000 SQFT Owner-User Office Asset in Lakewood for Sale

A 4.94-acre, 84,343-square-foot office property at 3200 E Carson St. in Lakewood has been brought to market by Cushman & Wakefield. The three-story...

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CommercialFeaturedIndustrialIndustry NewsRetail

Trump’s Tariffs Threaten to Derail West Coast Ports and Small Businesses

The recent implementation of steep tariffs on Chinese imports is sending shockwaves through America’s trade ecosystem, with West Coast ports and thousands of...

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FinanceIndustry NewsLos AngelesNews ReleasesRetail

$39.5MM in Refinancing Secured for Multi-Tenant Lakewood Marketplace

LAKEWOOD, Calif. (Jan. 7, 2025) — Northmarq’s Newport Beach Debt + Equity team led by David Blum successfully arranged the $39.5 million refinance...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

305,000 SQFT Retail Center in Lakewood, Calif. Secures $15MM Refinancing

EL SEGUNDO, Calif.— Venture West Funding, a commercial mortgage brokerage firm headquartered in El Segundo, CA, announced it has arranged the $15,000,000 refinance...

RentCafe, Yardi Matrix, San Diego, Los Angeles, Carlsbad, Chula Vista, Long Beach, Anaheim, Hines, USAA Real Estate, Riverwalk San Diego, Toyota of Hollywood, Cityview, Hollywood
FeaturedIndustry NewsLos AngelesRetail

Report: Greater Los Angeles Retail Market Remains Stable Despite Uncertainties

By Catherine Sweeney  The Los Angeles retail market is continuing to improve after a challenging year of the COVID-19 pandemic. According to a...

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