Marcus & Millichap
Living Trust Acquires 59-Unit El Cajon Apartment Community for $13.25MM
At $224,576 per unit, the 59-unit community trades for roughly 44 percent less than San Diego County’s average multifamily price, reflecting its East...
Self-Help Ventures Fund, LA Más Buy 31-Unit Glassell Park Property for $6.04MM
A 31-unit apartment property in Glassell Park has sold for $6.04 million to a nonprofit partnership planning to keep the buildings affordable for...
Staples Net-Lease Sells for $7.7MM Near Rams Village in Warner Center
A single-tenant Staples store sitting on just over an acre in Warner Center has traded for $7.7 million, with the buyer paying for...
Tailwind Investment Group Acquires 62-Unit Tremont Street Apartments in Avalon on Santa Catalina Island for $8.64MM
Marcus & Millichap brokered the sale of a 62-unit affordable housing complex on Santa Catalina Island, threading a ground lease, a HUD-subsidized rental...
Orange County Retail Rents Break $35 PSF Amid Historically Low Vacancy
A wave of mall demolitions converting retail square footage into housing is tightening competition for the shopping center space that remains, pushing multi-tenant...
Inland Empire Retail Vacancy Set to Hit 7% Despite Strong Absorption
Thin construction and steady absorption set up landlords near Ontario International Airport and south Riverside County for continued pricing power. The Inland Empire’s...
Los Angeles Retail Vacancy Eases as New Supply Hits 19-Year Low
With retail construction at its lowest first-half level since at least 2007, Los Angeles landlords are backfilling vacated big-box space and pushing multi-tenant...
V on Victory, 68-Unit Van Nuys Apartment Community, Listed for $22.9MM
A 68-unit, 2022-vintage apartment community in the Valley Glen pocket of Van Nuys has hit the market at $22.9 million, offering investors a...
16-Unit Pico-Robertson Apartment Building Trades for $5.3MM After 23-Year Hold
The sale of 1476 S. Shenandoah St. closes out more than two decades of single-family ownership in one of the Westside’s more tightly...
RAF Pacifica Group, Local Architect Pay Combined $8.3MM for Encinitas Retail Portfolio
Two separate buyers paid premium per-square-foot prices for a pair of small, tenant-occupied storefronts blocks from the beach in downtown Encinitas, evidence that...
Stratford Partners, LLJ JV Acquires 189-Unit Pacifica Palms Apartments in Escondido for $33.6MM
A joint venture between Stratford Partners and LLJ has acquired the 189-unit Pacifica Palms Apartments in Escondido for $33.6 million, wagering that a...
Xenon Investments Buys 21-Unit Beverly Glen Apartments for $8.65MM in West Los Angeles
A 21-unit apartment property on South Beverly Glen Boulevard changed hands for $8.65 million after nearly three decades under a single owner, underscoring...
