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FinanceIndustry NewsLos AngelesRetail

Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM

Nearly nine years after Kmart closed its Valencia store, a Glendale investor has bought the 80 percent occupied, 120,559-square-foot center for $27.5 million,...

Office building
CommercialFinanceIndustry NewsLos Angeles

Private Investor Buys 59,000 SQFT Summit III at Valencia Office Building for $10.8MM

A nearly full suburban office building in the Santa Clarita Valley has traded for $10.8 million, the second Valencia office sale CBRE has...

Carson, Los Angeles, Kidder Mathews, Starbucks, Quick Quack Car Wash, Los Angeles County
FinanceIndustry NewsLos AngelesRetail

Pomona-Based Entity Buys 84,000 SQFT Santa Clarita Retail Center for $27.5MM

The 1973-built, furniture-anchored center on Valencia Boulevard traded for roughly $327 per square foot, landing just below the county's average retail sale price...

gavel for a legal matter
CommercialFeaturedFinanceIndustry NewsLos Angeles

Santa Clarita Lawmaker’s Bill Would License the Cash-Advance Firms Funding Southern California’s Small-Business Tenants

A bill authored by Santa Clarita Assemblywoman Pilar Schiavo and now sitting on Gov. Gavin Newsom's desk would make California the first state...

finance and economy graphic
FeaturedFinanceIndustry NewsLos AngelesOrange CountyResidential

Five Point Bets on Land Scarcity at Great Park and Valencia as Home Sales Cool

Five Point Holdings is refusing to discount its Southern California homesites even as builder sales slow, wagering that a shortage of entitled land...

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AECFinanceIndustry NewsLos AngelesResidential

Fully Entitled 31-Acre Wiley Canyon Mixed-Use Site Hits the Market in Santa Clarita

CBRE lists a shovel-ready Newhall development cleared for 250 homes, a 140,000-SQFT senior living campus and 9,000 SQFT of retail as Southern California...

Overhead shot of containers stacked along a grid
FeaturedIndustrialIndustry NewsLos Angeles

San Fernando Valley & Ventura Industrial Market Records -375,000 SQFT Absorption as Vacancy Edges Up to 3.8%

Leasing activity remains elevated even as occupancy softens and rent growth pauses across the region Industrial markets across the San Fernando Valley and...

warehouse shelves
IndustrialIndustry NewsLeasingLos Angeles

World Tech Toys Signs 127,000 SQFT Industrial Lease in Valencia, Largest Deal of the Quarter

The toy and drone manufacturer's expansion into a major distribution facility underscores demand from consumer products companies in the Santa Clarita Valley. World...

warehouse interior with a forklift and shelves
FinanceIndustrialIndustry NewsLos Angeles

Clarion Partners Acquires 172,000 SQFT DrinkPAK-Leased Industrial Facility for $60MM in Santa Clarita

The acquisition bolsters Clarion's northern Los Angeles County portfolio to approximately 1.7 million square feet across 12 fully stabilized buildings. Clarion Partners Real...

forklift bringing boxed into warehouse
FinanceIndustrialIndustry NewsLos Angeles

Greenlaw Partners and Oaktree Acquire 175,000 SQFT Industrial Building for $38.7MM in Santa Clarita

The joint venture pays $221 per square foot for the facility previously occupied by hair care giant John Paul Mitchell Systems. A joint...

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FinanceIndustry NewsLos AngelesResidential

G. H. Palmer Associates Lists 256-Unit Garden-Style Apartment Community in Santa Clarita

Newmark is marketing the 1989-vintage property at 27940 Solamint Road, offering investors a value-add play or affordable housing conversion in a supply-constrained submarket...

prometheus-39-xDe6dyFo-unsplash-tesla
CommercialFinanceIndustry NewsLos AngelesRetail

Sukut Holdings Buys 39,000 SQFT Tesla-Leased Asset in Santa Clarita for $33MM

Property at 24050 Creekside Rd. trades following 2024 marketing at $41.6MM with long-term NNN lease in place Investor appetite for long-term net-leased retail...

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