PGIM
Report: LA Industrial Real Estate Shows Divergent Patterns as Vacancy Climbs and Rents Fall 24% From Peak
Greater LA market absorbs 1.3MM SF in Q3 despite 7.4MM SQFT of new supply pushing vacancy to 5.7% Los Angeles County’s industrial real...
Orange County Industrial Vacancy Climbs to 5.1% as Rents Drop for Ninth Straight Quarter while Mid-Counties Shows Strength
Mid-Counties shows positive absorption while OC records 11 consecutive quarters of decline Southern California’s industrial real estate markets are moving in opposite directions...
Legacy Partners Acquires Azusa Pacific University Apartments for $91.8MM
Bay Area firm targets San Gabriel Valley repositioning opportunity amid improving multifamily fundamentals Legacy Partners, along with equity partner PGIM, has acquired a...
Cress Capital Buys 214,000 SQFT Newport Beach Office Tower for $41MM After Debt Default
A distressed 214,858-square-foot office building at 1301 Dove Street in Newport Beach has sold to Cress Capital for $41 million, or roughly $191...
Colliers Recruits Veteran Los Angeles Based Investment Sales Professional, Strengthening its Capital Markets Vertical
Todd Tydlaska joins the firm’s brokerage.Los Angeles, Calif., May 5, 2025 – Colliers is pleased to announce that industry veteran Todd Tydlaska has...
Amazon Leases 2MM SQFT of Industrial Space in the Inland Empire
By Catherine Sweeney Amazon is expanding in the Inland Empire’s industrial market. According to a first quarter industrial market report for the region...
CMBS Sputters in 2023 But Experts See Value Across Broader Commercial Real Estate Sector
By The Registry Staff Wall Street’s primary method of financing commercial real estate, commercial mortgage-backed securities (CMBS), has experienced a significant decline in...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...
Intercontinental Real Estate Corp. Enters Los Angeles Industrial Market with $74MM Acquisition in Chatsworth
(EDITOR’S NOTE: According to public documents, the sale closed for $74 million, or just over $333 per square foot. The seller of the...
