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FinanceHospitalityIndustry News

Blackstone Sells 248-Room Residence Inn in Torrance for $54MM as Hotel Investment Strategy Shifts

Capital Insight Acquires Extended-Stay Property Near Redondo Beach in Latest Blackstone Hotel Exit Blackstone has divested an extended-stay hotel in Torrance, selling the...

omar-flores-xkoegrJfrBU-unsplash-office
CommercialIndustry NewsLos Angeles

Northrop Grumman Renews 124,400 SQFT Redondo Beach Office Adjacent to Historic Space Park Campus

Northrop Grumman has renewed its lease for 124,400 square feet at 3701 Doolittle Drive in Redondo Beach, maintaining the defense contractor’s long-standing presence...

AECIndustry NewsLos AngelesResidential

Redondo Beach Planning Commission Rejects 49-Unit Mixed-Use Development Over Safety, Parking Concerns

The Redondo Beach Planning Commission voted unanimously on December 18, 2025, to deny a proposed 49-unit mixed-use condominium project at 401-417 South Pacific...

Industry NewsLos AngelesRetail

The Ratkovich Company’s West Harbor Development Adds Six Culinary Tenants to $500MM San Pedro Waterfront Project

New restaurants signal momentum for sprawling Los Angeles entertainment destination as developers secure major investment The $500 million West Harbor development in San...

CommercialFeaturedIndustrialIndustry NewsLos AngelesOrange County

The Defense Giant and the Digital Future: Southern California Manufacturing Faces a Crossroads in 2025

As aerospace anchors struggle and entertainment evolves, the region’s 544,500 factory workers navigate automation, trade wars, and a talent transformation From the sprawling...

matt-sylvester-DAZBVq7Rhp8-unsplash-los angeles
AECFeaturedFinanceIndustrialIndustry NewsLos Angeles

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...

LA Metro Gold line train arriving at Los Angeles Union Station during COVID-19 Era
CommercialIndustry NewsLos AngelesNews Releases

LA Metro Releases Final Environmental Impact Report for C Line Extension to Torrance

Metro Board expected to consider project certification this fall as project links Torrance, Redondo Beach directly to LAX and regional rail network The...

Industrial warehouses
FinanceIndustrialIndustry NewsLos AngelesSan Diego

MetLife Divests Southern California Industrial Assets in $166MM Multi-Property Sale

Transaction highlights resilient demand for warehouse real estate amid economic uncertainty MetLife Investment Management has completed the sale of a three-property industrial portfolio...

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AECIndustry NewsLos AngelesResidentialRetail

Kennedy Wilson’s 350-Unit Expansion at South Bay Galleria in Redondo Beach Moves Forward

In a pivotal step toward reshaping one of South Bay’s largest retail corridors, the Redondo Beach Planning Commission will consider approval of the...

Electric photovoltaic solar panels installed on shopping mall building rooftop for production of green ecological electricity. Concept of producing sustainable energy
FinanceIndustrialIndustry NewsLos AngelesNews Releases

Terreno Realty Buys 100,000 SQFT Redondo Beach Industrial Property for $35.5MM

Company Release – 08/11/2025 BELLEVUE, Wash. – Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S....

paul-hanaoka-R3vIFbYkOCA-unsplash-redondo beach
FinanceIndustry NewsLos AngelesRetail

Kennedy Wilson Lists 29.6-Acre South Bay Galleria Redevelopment Site in Redondo Beach

A 1,272,003-square-foot regional mall known as South Bay Galleria, located at 1815 Hawthorne Boulevard in Redondo Beach, has been listed for sale. The...

roman-bozhko-OXXsAafHDeo-unsplash-design store
CommercialFinanceIndustry NewsLos Angeles

Atrium Design Center in Lomita Hits the Market for $16.5MM

The Atrium Design Center, a home improvement retail destination located at 2413 Pacific Coast Highway in South Bay’s Lomita, CA, has been listed...

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