South Bay
Majestic Realty Buys Rivian-Leased 57,000 SQFT El Segundo R&D Facility for $27.25MM
Majestic Realty has acquired a fully leased, mission-critical research and development facility in El Segundo occupied by electric-vehicle maker Rivian, handing seller Hackman...
Aerospace and Defense Tenants Power South Bay Industrial Boom, Cutting LA Vacancy to 3.9%
Newmark's second-quarter report shows aerospace and defense manufacturers absorbing hundreds of thousands of square feet across El Segundo, Torrance and Long Beach, pushing...
93,000 SQFT Otay Mesa Industrial Building Hits the Market at $20.9MM in San Diego
A fully leased, 92,694-square-foot freestanding flex building in San Diego's Western Otay Mesa has come to market through Colliers, testing investor appetite for...
Good Capital Group Pays $21MM for 60-Unit Tournament Patio Apartments in Torrance
At roughly $350,000 a unit, the price outpaces the Los Angeles multifamily market’s second-quarter average even as citywide rent growth has slowed to...
Owners Move to Raze 142,000 SQFT of Torrance Offices for 335-Unit Westoria Housing Project
The owners of the Torrance Center South office complex are seeking to demolish three aging office buildings at the corner of Torrance Boulevard...
Surge in Aerospace & Defense Funding Drives Record Southern California Leasing Demand
A surge of venture capital flowing into Southern California's aerospace and defense companies is translating directly into industrial real estate, driving record leasing...
Rayhunt LLC Leases 150,000 SQFT Watson Land Industrial Facility in Carson
Rayhunt LLC secured a 150,000-square-foot South Bay distribution facility with rail access and container storage, a deal that shows how port-adjacent industrial buildings...
Terreno Realty Acquires 36,000 SQFT Torrance Industrial Building for $14.7MM, Lands Maritime Drone Sensor Maker as Tenant
Terreno Realty Corporation has paid roughly $14.7 million for a fully leased distribution building near the 405 in Torrance and lined up a...
Los Angeles Developer Lands Note on Topaz Tower, an Entitled 246-Unit San Pedro Conversion
A private Los Angeles residential developer has taken control of the debt behind Topaz Tower, clearing its path to complete one of the...
Innocean USA Doubles Footprint With 101,000 SQFT Headquarters Lease at Hackman’s El Segundo Campus
Innocean USA, the U.S. arm of the Hyundai-founded advertising giant, has committed to 101,000 square feet at Hackman Capital Partners' 888 N. Douglas...
Peninsula Land & Capital Buys 56,000 SQFT The Station in El Segundo for $26.85MM, 13% Below Seller’s 2021 Basis
A Palo Alto investment firm best known for Silicon Valley office and R&D holdings has pushed into the South Bay, paying $26.85 million...
Kilroy Weighs Sale or Re-Lease of 720,000 SQFT El Segundo Campus as DIRECTV-AT&T Lease Nears 2027 Expiration
Kilroy Realty told investors it will pursue either a re-lease or an outright sale of its roughly 720,000-square-foot Kilroy Airport Center in El...
