Newmark
Covington Group Purchases 1MM SQFT Industrial Portfolio in Santa Clarita for $109.7MM
(EDITOR’S NOTE: According to a fourth quarter Los Angeles industrial market report from Newmark, the property was purchased for $109.7 million, or approximately...
BioMed Realty Pays $115MM for Sorrento Mesa Property Leased to Qualcomm
By Meghan Hall BioMed Realty, a Blackstone company, is quickly expanding its footprint in the Sorrento Mesa neighborhood of San Diego. During the...
Amazon Buys 637,500 SQFT Bank of America Campus in Brea for $165MM
By Catherine Sweeney As e-commerce has grown over the course of the pandemic, major companies in the sector have been able to expand...
Report: Increased Office Vacancies Allow for Industrial Conversions as Demand in Sector Heightens
By Catherine Sweeney While office vacancies remain high, demand for industrial product across the nation only continues to intensify. Despite the challenges this...
Koll Company Sells 81,551 SQFT Office Campus in Irvine for $24.1MM
(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $24.1 million, or approximately $295 per square foot.) Irvine, CA...
Harkham Family Sells Former Beverly Hills Hotel for $200MM
(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for approximately $200 million.) LOS ANGELES – JLL Capital Markets announced...
Report: Inland Empire Office Market Sees Slight Improvements in Third Quarter
By Catherine Sweeney Due to more affordable pricing and its less populated location outside of Los Angeles, the Inland Empire’s office market is...
Report: Los Angeles Industrial Market Sees Record Low Vacancies in Third Quarter
By Catherine Sweeney Industrial demand in Los Angeles is soaring to new highs, with record low vacancies and increased net absorption. According to...
Onni Acquires 6.17-Acre Redevelopment Site in Long Beach for $67.9MM
Los Angeles, CA — Newmark announces it has completed the sale of Marina Shores, a 6.17-acre retail shopping center planned for multifamily redevelopment....
Report: Appetite for Multifamily Properties Continues to Surge as Nation Records Highest Quarterly Sales Volume on Record
By Meghan Hall The multifamily sector continues to grow by leaps and bounds as the nation’s demand for rental housing remains unabated. The...
Two Leases Totaling 530,000 SQFT Signed in the Inland Empire
Ontario, CA — Newmark announces that it has completed two industrial leasing transactions in Fontana, California totaling over 530,000 square feet. Newmark Executive...
Pacshore Partners Buys 152,834 SQFT Office Building in Burbank Media District for $90.5MM
(EDITOR’S NOTE: According to a closing announcement obtained by The Registry, the property was sold for $90.5 million.) Newmark announced the sale of...
