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UPS truck docked at a facility
FeaturedIndustrialIndustry NewsLos Angeles

UPS to Shutter San Fernando Valley Facility as Southern California Bears Weight of National Network Restructuring

The North Hills Package closure is one of 22 union-staffed buildings nationwide targeted for elimination in 2026, compounding the impact of UPS’s yearlong...

getty-images-mmGb8XQYnbw-unsplash-warehouse industrial
AECFeaturedFinanceIndustrialIndustry NewsLos Angeles

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...

EV charger graphic
AECIndustrialIndustry NewsLos Angeles

Gravity to Deploy 96 Ultra-Fast 500kW EV Chargers Across Eight Los Angeles Locations

In a move that could transform electric vehicle adoption in Southern California, Gravity announced plans to deploy eight cutting-edge charging sites across Greater...

Apartment building
FinanceIndustry NewsLos AngelesNews ReleasesResidential

$64.65MM Secured in Acquisition Financing for Seven-Property Affordable Housing Portfolio in Los Angeles

LOS ANGELES (Feb. 26, 2025) — Managing Director and Senior Vice President Zalmi Klyne of Northmarq’s Los Angeles office arranged financing totaling $64,650,000...

Apartment building
FinanceIndustry NewsLos AngelesNews ReleasesResidential

Material Comforts Spends $85MM on 596-Unit San Fernando Valley Multifamily Portfolio

LOS ANGELES, Jan. 3, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...

AECIndustry NewsLos AngelesResidential

MDT Properties Plans 180-Unit Apartment Project in Los Angeles’ North Hills Community

By Catherine Sweeney  More housing could soon be sprouting up in Los Angeles, according to plans recently submitted to the City. Those plans...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

4D Development, Woodland Investment Group Acquire 45-Unit Los Angeles Apartment Building for $10.78MM

Los Angeles, Calif. – Langdon Villas in North Hills has sold to two Los Angeles-based real estate investment firms. Kidder Mathews’ Executive Vice...

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