Newmark
Newmark Hires Equity and Structured Finance Expert Greg Galusha
El Segundo, CA (August 26, 2021) — Newmark1 announces the addition of 30-year industry expert Greg Galusha as Executive Managing Director. Galusha will...
Skyline Group International Purchases 273,180 SQFT Irvine Office Campus for $159MM
(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $159 million, or approximately $582 per square foot. The property...
Rexford Industrial Acquires 575,976 SQFT Tech Campus in Los Angeles’ South Bay for $182MM
Los Angeles, CA (August 23, 2021) — Newmark Knight Frank (“Newmark”) announces it has arranged the sale of Torrance Technology Campus, a five-building,...
Hyundai Acquires 90,000 SQFT Office Building in El Segundo for $70MM
(EDITOR'S NOTE: According to a source familiar with the transaction, the property was sold to Hyundai for $70 million, or approximately $778 per...
52,000 SQFT Office Building in El Segundo Sells for $52MM
By Catherine Sweeney A 52,000 square-foot creative office and data center in El Segundo has sold for $52 million, or approximately $1,000 per...
Report: Southern California Office Markets Continue to See High Vacancy Rates
By Catherine Sweeney Office vacancy rates are continuing to increase across all major markets in Southern California, a recent report from Newmark showed....
701,888 SQFT Union Bank Plaza For Sale in Downtown Los Angeles
By Catherine Sweeney Union Bank Plaza, a 701,888 square foot tower in Downtown Los Angeles has recently been put on the market. Located...
75,272 SQFT Life Science Building Near USC Health Campus for Sale
By Catherine Sweeney A vacant, 75,272 square-foot life science building in Los Angeles has been put on the market for the first time...
Opal Holdings Acquires 435,177 SQFT Office Tower in Orange County for $152MM
(EDITOR'S NOTE: According to sources with knowledge of the transaction details, the property was sold for $152 million, or approximately $349 per square...
Report: “Frenzied” Leasing Activity Continues in Southern California’s Industrial Sector
By Catherine Sweeney Demand for space in Southern California’s industrial market has continued to grow in the second quarter of the year, causing...
Prime US Acquires Sorrento Towers in San Diego for $146MM
Newmark's Co-Head of U.S. Capital Markets Kevin Shannon and Executive Managing Directors Brunson Howard, Ken White and Paul Jones represented the seller, Shorenstein...
