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Industry NewsLeasingLife ScienceSan Diego

Bristol Myers Squibb to Return More Than 250,000 SQFT at Alexandria’s Campus Point as 200,000 SQFT Backfill Nears

Bristol Myers Squibb will hand back more than 250,000 square feet at Alexandria Real Estate Equities' Campus Point Megacampus in 2027 as it...

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AECFinanceIndustry NewsLos AngelesResidential

Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units

The day the Capstone Equities and Elysian Housing partnership took title to East Pasadena's ZK Plaza, it also recorded a Citibank construction loan...

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CommercialLos AngelesResidential

East Pasadena’s ZK Plaza Office Building Sells for $13.4MM Ahead of 133-Unit Affordable Housing Conversion

An affordable housing developer plans to turn a 1960s East Pasadena office building and its parking lot into 133 apartments, and the site...

FinanceIndustry NewsLife ScienceSan Diego

Alexandria Sells 29% Stake in 1,587,000 SQFT Campus Point Megacampus to KKR for $475MM in San Diego

Alexandria Real Estate Equities sold an approximately 29 percent noncontrolling interest in its Campus Point by Alexandria Megacampus in San Diego's University Town...

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FinanceIndustry NewsLife ScienceSan Diego

Alexandria Posts $638.5MM Q3 Loss on Impairments as San Diego Occupancy Runs 12 Points Above Market

Pasadena-based Alexandria Real Estate Equities swung to a $638.5 million third-quarter loss on nearly $638 million of real estate write-downs, even as it...

Seven Brew drive thru coffee
Industry NewsLeasingLos AngelesRetail

7 Brew Enlists CBRE to Hunt Drive-Thru Pads Across 16 Los Angeles County Cities

Arkansas-based 7 Brew, one of the fastest-growing restaurant chains in the U.S., has tapped CBRE to find pad sites and existing drive-thru buildings...

CommercialFinanceIndustry NewsLos Angeles

Beacon Capital Sells 185,000 SQFT Pasadena Office Tower to Private Investor Group for $35.5MM, Half Its Appraisal

Beacon Capital Partners has unloaded the five-story Class A office building at 1055 East Colorado Boulevard to a private investor group for $35.5...

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AECCommercialIndustry NewsLos Angeles

Holder-Pankow-TEC Delivers Hollywood Burbank Airport’s $1.3B, 355,000 SQFT Terminal in 33 Months

Hollywood Burbank Airport moved passenger operations into a $1.3 billion, 355,000-square-foot replacement terminal on Oct. 13, ending a 96-year run for the old...

Aerial Rendering of Pasadena Unified School District’s Employee Workforce Housing, designed by SVA Architects
AECIndustry NewsLos AngelesResidential

Pasadena Unified’s 110-Unit Staff Housing at Former Roosevelt Elementary Heads to Design Approval

Pasadena Unified School District's plan to turn the shuttered Roosevelt Elementary campus into 110 below-market rental homes reserved for its own teachers and...

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CommercialFeaturedIndustry NewsLeasingLos Angeles

Big Renewals Push Los Angeles Office Leasing to Highest Level Since 2019

Los Angeles office tenants signed 4.0 million square feet of leases in the third quarter of 2026, the most since 2019, as major...

Pasadena Sign and Palm Tree
CommercialIndustry NewsLeasingLos Angeles

Quantum Startup Oratomic Leases 81,000 SQFT at Pasadena’s Historic Royal Laundry Complex

Caltech spinout Oratomic, fresh off a $300 million Series A, has taken 81,273 square feet at 443 S Raymond Avenue in Pasadena, landing...

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FinanceIndustry NewsLife ScienceLos AngelesSan Diego

Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown

Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...

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