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FinanceIndustry NewsInland EmpireRetail

34,400 SQFT Pomona Strip Center Brought to Market for $15.88MM, Banking on Rent Bumps and Flex Zoning

The Garey-Olive Center carries a 6 percent Year 1 cap rate and a projected 30 percent NOI growth over five years as leasing...

Ground mover breaking ground on the construction site
AECIndustry NewsResidentialSan Diego

Sea Anemone, Good & Roberts Push $29MM, 72-Unit Ibis Project Across the Finish Line in La Mesa

Hillcrest developer’s middle-income play replaces a vacant medical office on a 2.5-acre East County site as the first of eight buildings prepares to...

Trucks by warehouse
FinanceIndustrialIndustry NewsInland EmpireLeasing

Walmart Clinches 507,000 SQFT Riverside Cold Storage Hub for $223MM, Locking In Critical Inland Empire Grocery Node

The retail giant converts a 16-year lease into ownership at 1001 Columbia Avenue, doubling down on temperature-controlled distribution as cold storage supply tightens...

Warehouse with solar panels
FeaturedIndustrialIndustry NewsInland Empire

Inland Empire Industrial Vacancy Climbs to 7.7% as Leasing Activity Drops Sharply in Q1 2026

Despite slower first-quarter performance, gross leasing across the region topped 48 million square feet and stabilization is expected to begin later this year...

Shopper using a credit card with the card terminal
FinanceIndustry NewsInland EmpireRetail

34,500 SQFT Pomona Strip Center Tests Investor Appetite for Infill Retail with Listing at $15.88MM

Faris Lee Investments has listed Garey Olive Center in the San Gabriel Valley with flexible zoning that opens the door to residential, medical...

Shopping center in Southern California
FeaturedFinanceIndustry NewsLeasingLos AngelesRetail

Tri-Grocery Anchored 518,000 SQFT Cerritos Towne Center Leasehold Hits Market in Los Angeles County

The super regional center sits on a municipal leasehold running through 2083 and is being offered on a best-offer basis with no published...

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FinanceLos AngelesResidential

Altemus Company Lists 23,500 SQFT La-Z-Boy-Occupied Retail Property for $9.13MM in Torrance

The single-tenant retail property on Hawthorne Boulevard carries a new 10-year corporate lease extension and a 5.25 percent cap rate, pricing it well...

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CommercialFeaturedIndustry NewsLeasing

AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds

A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...

Walmart store
AECFeaturedIndustry NewsRetail

Walmart Commits $1.1B Five-Year Investment to California, Plans 56 Store Remodels in 2026

The world’s largest retailer is modernizing more than four dozen California locations this year as part of a national 650-store overhaul, doubling down...

warehouse and skyline in black and white
FeaturedIndustrialIndustry NewsInland Empire

Inland Empire Industrial Market Resets in Q1 2026 as Four Major Tenants Exit, Rents Slide for Tenth Straight Quarter

Vacancy climbs toward double digits and net absorption turns sharply negative, even as logistics operators continue to anchor large leases and key submarket...

Walmart store
AECFinanceIndustry NewsRetail

Murfey Company Affiliate Acquires Former 20,155 SQFT Rite Aid in Ocean Beach for $12.6MM, Explores Walmart Delivery Hub

A preliminary city review finds no development restrictions barring the proposed “Walmart Depot” concept at 4840 Niagara Avenue, though coastal permitting questions remain...

Graphic of a warehouse with trucks and containers
FeaturedIndustrialIndustry News

Industrial Real Estate Powers Through Uncertainty to Post Second-Best Leasing Year on Record

Despite tariff volatility and geopolitical headwinds, the U.S. industrial sector reached 940 million square feet of leasing activity in 2025, fueled by e-commerce...

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