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FinanceLos AngelesRetail

Walgreens-Anchored 39,000 SQFT Atlantic Crossing in Lynwood Sells for $10.91MM

The fully leased Walgreens-anchored center at Imperial Highway and Atlantic Avenue traded roughly five months after Newmark brought it to market, closing at...

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CommercialFinanceIndustrialIndustry NewsLos Angeles

Majestic Realty Buys Rivian-Leased 57,000 SQFT El Segundo R&D Facility for $27.25MM

Majestic Realty has acquired a fully leased, mission-critical research and development facility in El Segundo occupied by electric-vehicle maker Rivian, handing seller Hackman...

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FeaturedIndustrialIndustry NewsLeasingLos Angeles

Aerospace and Defense Tenants Power South Bay Industrial Boom, Cutting LA Vacancy to 3.9%

Newmark's second-quarter report shows aerospace and defense manufacturers absorbing hundreds of thousands of square feet across El Segundo, Torrance and Long Beach, pushing...

Shopping center in Southern California
FinanceIndustry NewsRetailSan Diego

Paseo Carlsbad Retail Center Hits the Market at $25.3MM, a 45,000 SQFT Coastal Play Off Interstate 5

The 44,722-square-foot, 93-percent-leased center at 5617 Paseo Del Norte is being offered through CBRE with projected income growth topping 42 percent, positioning it...

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FinanceIndustry NewsOrange CountyRetail

Chicago’s Northpond Buys 24,000 SQFT Link OC Retail Center in Anaheim for $16.5MM

A Chicago-based investor has closed on the fully leased Link OC shopping center in Anaheim, paying $16.5 million for a necessity-anchored hard-corner property...

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FinanceIndustry NewsOrange CountyResidential

Everleigh San Clemente Lands $58MM Fannie Mae Loan for 150-Unit Active-Adult Community in Orange County

Newmark has arranged $58 million in Fannie Mae debt against Everleigh San Clemente, a three-year-old community restricted to residents 55 and older, putting...

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FinanceIndustry NewsOrange CountyRetail

Northpond Partners Buys Fully Leased 26,000 SQFT Link OC Retail Portfolio in Anaheim for $16.5MM in First California Deal

Chicago-based Northpond Partners has entered the California market for the first time, acquiring a fully leased, three-parcel necessity retail center along a busy...

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FinanceHospitalityIndustry NewsLos Angeles

Japan’s APA Hotel Acquires 105-Room Kimpton La Peer for $63MM in West Hollywood

Tokyo-based APA Hotel's purchase of the boutique Kimpton La Peer marks the Japanese chain's first major U.S. acquisition under a five-year plan to...

Vincent Thomas Bridge
AECCommercialFinanceIndustry NewsLos AngelesResidential

Los Angeles Developer Lands Note on Topaz Tower, an Entitled 246-Unit San Pedro Conversion

A private Los Angeles residential developer has taken control of the debt behind Topaz Tower, clearing its path to complete one of the...

Apartment building facade
FinanceIndustry NewsOrange CountyResidential

Eagle, Vistria Buy 402-Unit Crystal View Apartments in Garden Grove for $132.5MM

A joint venture between Eagle Real Estate Partners and The Vistria Group has acquired Crystal View Apartment Homes, a 402-unit Garden Grove community,...

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CommercialIndustry NewsPeople on the Move

Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End

Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...

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FinanceIndustry NewsLos AngelesRetail

Acadia Realty Trust Acquires 4,000 SQFT Jacquemus-Leased Melrose Building for $29MM in West Hollywood

Acadia Realty Trust buys the Jacquemus-leased retail building at 8800-8804 Melrose Avenue in West Hollywood for $29 million.

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