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CommercialFinanceIndustry NewsLos Angeles

52,000 SQFT Office Building in El Segundo Sells for $52MM

By Catherine Sweeney A 52,000 square-foot creative office and data center in El Segundo has sold for $52 million, or approximately $1,000 per...

Newmark, Orange County, San Diego, Los Angeles, Inland Empire, ClickUp, Midas Technologies, Hulu, Santa Monica, Creative Artists Agency, Diversified Healthcare, Century City, Torrey Pines, South County, Appfolio
CommercialFeaturedIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Report: Southern California Office Markets Continue to See High Vacancy Rates

By Catherine Sweeney  Office vacancy rates are continuing to increase across all major markets in Southern California, a recent report from Newmark showed....

CommercialFinanceIndustry NewsLife ScienceLos AngelesNews Releases

Santa Monica Biotech Office Building Sale for $9.25 Million

Los Angeles, Calif. – A biotechnology office building situated in a prime Santa Monica location has sold to a private investor for $9.25...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

Unilev Capital Acquires 19,708 SQFT Retail Property in Santa Monica for $10MM

(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $10 million, or approximately $507 per square foot.)  LOS...

CommercialFinanceIndustry NewsLos AngelesNews Releases

Boston Properties Signs 351,000 SQFT Lease at Colorado Center in Santa Monica

BOSTON --- Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United...

CommercialIndustry NewsLos AngelesNews Releases

Boston Properties Secures a 140,000 SQFT Lease at Santa Monica Business Park

BOSTON--Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced it has...

Industry NewsLos AngelesNews ReleasesRetail

Gelson’s Signs 36,000 SQFT Lease at West Edge Plaza in Los Angeles

(LOS ANGELES) – Hines, the international real estate firm, today announced that Gelson’s, one of California’s premier supermarket chains, has signed a long-term...

FinanceIndustry NewsLos AngelesNews Releases

Stockdale Capital Partners Acquires Le Merigot Hotel in Santa Monica for $75MM

(According to sources familiar with the transaction, the property was purchased for $75 million.) LOS ANGELES – May 18, 2021 – Stockdale Capital...

Santa Monica by Matthew LeJune
AECFeaturedIndustry NewsLos Angeles

Santa Monica CRE Market is Bouncing Back, Industry Experts Report

By Catherine Sweeney Los Angeles and its surrounding submarkets continue to reopen amid the COVID-19 pandemic, and industry experts say Santa Monica could...

Santa Monica, Metropolitan Water District of Southern California, Los Angeles
AECCommercialFinanceIndustry NewsLos AngelesNews Releases

Metropolitan Invests $19.6MM in Santa Monica Water Recycling Project

Board votes to approve $19.6 million in funding from Local Resources Program LOS ANGELES--A recycled water and groundwater recovery project that will produce...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Santa Monica Multifamily Asset Sells for $39.5MM

SANTA MONICA, Calif., April 28, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale...

CommercialIndustry NewsLos AngelesNews Releases

Roku Signs Lease for 72,000 SQFT at Colorado Center in Santa Monica

BOSTON — Boston Properties, Inc., the largest publicly traded developer, owner, and manager of Class A office properties in the United States, announced today...

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