Monterey Park
The Olson Co. Buys Entitled Monterey Park Office Campus from BH Properties for $24.8MM, Clearing the Way for 159 Townhomes
The Olson Co. has acquired a vacant 120,191-square-foot office campus in Monterey Park from BH Properties for $24.8 million, taking control of a...
Southern California’s 5 GW Data Center Wave Meets Record Power Rates and a Ballot-Box Ban
While PG&E openly courts AI data centers in the north, Southern California Edison is quietly holding roughly 5 gigawatts of data center load...
Olson Company Buys 120,000 SQFT Monterey Park Office Campus for $24.85MM, Plans Residential Redevelopment
Homebuilder The Olson Company has paid $24.85 million for a two-building office campus in Monterey Park once occupied by Blue Shield of California,...
Olson Homes Files for 159 Townhomes on Vacant 8-Acre Medical Office Site in Monterey Park
Olson Homes is moving to convert a pair of empty Monterey Park medical office buildings into a 159-unit gated for-sale townhome community, the...
Monterey Park Voters Pass Measure NDC by 86%, Enacting Nation’s First Ballot-Box Ban on Data Centers
Monterey Park has become the first city in the United States to bar data centers through a popular vote, with residents approving Measure...
Monterey Park Voters Decide Measure NDC, a Citywide Data Center Ban Aimed at Halting San Gabriel Valley’s Newest Growth Node
Ballot measure would amend the city’s General Plan to permanently prohibit data centers, locking in a moratorium triggered by community opposition to a...
Deerfield Center Brings 369-Unit Mixed-Use Development to Monterey Park’s Atlantic-Garvey Corridor
Pasadena-based Tecton Group plans five-story project with 20,000 square feet of ground-floor commercial space and subterranean parking on a 1.75-acre site acquired in...
Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut
Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in...
Alexandria Sells Three UTC Land Parcels in San Diego for $40MM
Alexandria Real Estate Equities sold three contiguous land parcels at 9363, 9373, and 9393 Towne Centre Drive in San Diego’s University Town Center...
Lincoln Property & Artemis Snap Up 250,000 SQFT Orange County Warehouse in $67MM Deal
Paper Mart’s former headquarters represents a bet on Southern California’s industrial real estate market as landlords eye post-pandemic tenant demand Lincoln Property Co....
Report: LA Industrial Real Estate Shows Divergent Patterns as Vacancy Climbs and Rents Fall 24% From Peak
Greater LA market absorbs 1.3MM SF in Q3 despite 7.4MM SQFT of new supply pushing vacancy to 5.7% Los Angeles County’s industrial real...
Market Recalibration Continues in Greater Los Angeles Industrial Sector as Rents Soften and Availability Surges
The Greater Los Angeles industrial market is undergoing a notable recalibration. Once defined by record-low vacancy and surging rents, the region now faces...
