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November 29, 2022
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• Downtown LA Hospitality Market Surges in Q2 2022 With Occupancy Increasing 60% Over Q2 in 2021
The Downtown Los Angeles (DTLA) Hospitality Market continued its year-and-a-half-long surge during the year’s second quarter, according to the Los Angeles Downtown Center BID’s (DCBID) just released Q2 2022 DTLA Market Report...
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• Building Block Foundation Fund Brings White Party Back!
Building Block Foundation Fund will hold its popular White Party industry celebration on September 15 at the Noguchi sculpture garden in Costa Mesa. Event proceeds from sponsorship and ticket sales raise funds for vital local...
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• OC Office Market Occupancy Rate Saw an Uptick in the 2nd Qtr 2022
This update provided by real estate services firm NAI Capital Orange County’s office market gained occupancy as companies persisted in bringing their people back into the office post pandemic. The vacancy rate inched downwar...
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• Avison Young to Acquire CRE Industry Service Lines from Madison Marquette
Avison Young has signed an agreement to acquire Madison Marquette’s office and industrial property management, agency leasing and project management service lines. The trio of services will operate under the Avison Young bran...
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• Talent and Real Estate Cost are Foremost Concerns for Tech Companies
This report provided by real estate services firm Cushman & Wakefield On a global scale, tech is a larger portion of major economies — and commercial real estate — than ever before. Over the past decade, global technology em...
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• Despite Economic Uncertainties, Tempered Optimism Prevails for California Commercial Real Estate
The Summer 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that there is much more optimism about the next three years than the barrage of negative news about the economy might suggest...
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• Industrial Demand in San Diego Remains Strong
This report provided by real estate services firm JLL Overview • The San Diego industrial market is showing resilience in the face of macro-economic uncertainty. • Large block leasing was active in Q2, with year-to-date lea...
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• Novo Capital Partners Team Joins CBRE
Gianni Novo and the Novo Capital Partners team have joined CBRE Capital Markets’ Debt & Structured Finance team in Los Angeles. The team is based in CBRE’s West L.A. office. The team specializes in commercial real estate lo...
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• L.A. Area Office Market Recovery Hits Bump in 2nd Qtr 2022
This report provided by real estate services firm JLL Overview • Leasing was more muted, reflecting concerns over the economy and more limited progress in getting employees back into the office. • Additional space-give back...
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• Draftsmen & Craftsmen
C.W. Driver Companies has completed the remodel and improvement to the Whittier Central Library. The 39.3k sf, $14.6 mil project included a 35k sf modernization to the existing building and a 4.3k sf minor expansion. CWA AIA ...
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• San Diego Office Market Holding Steady Heading into Second Half of the Year
This report was provided by real estate services firm Kidder Mathews San Diego Office Market Update – 2nd Quarter 2022 MARKET DRIVERS • Recent leasing activity highlights the trend of companies being attracted more to the ...
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• Industrial Real Estate in Port Markets Seeing Strong Demand and Significant Rental Growth
This report was provided by real estate services firm JLL Industrial real estate has been the one of the most sought-after property types nationally, leading to record low vacancies and increased competition among investors ...
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• Cliff Carnes Joins Matthews Real Estate Investment Services as Executive Vice President
Cliff Carnes has joined Matthews Real Estate Investment Services as Executive Vice President, Managing Director of the firm’s Capital Markets Division. Previously positioned as Senior Vice President and Chief Production Offic...
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• Downtown Los Angeles Retail Picking Up as Workers and Visitors Return
This report provided by the Los Angeles Downtown Center BID The Los Angeles Downtown Center BID just released their Q1 2022 DTLA Market Report, revealing growing numbers of retail openings driven by increased activity in the...
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• Premier Workspaces Celebrates 20 Years of Business and Growth
Premier Workspaces, one of the largest privately-owned executive suites, coworking, and shared workspace companies in the United States, is celebrating its 20th anniversary. Premier Workspaces was founded in 2002 in Irvine, C...
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• Join RENTV and REJournals on July 26 for our 2022 Orange County State of the Market Conference
This in-person event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the OC.
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• Downtown L.A.’s Office Market is Primed for the Future of Work
This update was written and provided by the Downtown Center Business Improvement District (DCBID) in Los Angeles As businesses begin to welcome their workforces back to the office, the DTLA Office Market is more than primed ...
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• Prologis Proposes to Acquire Duke Realty in All-Stock Transaction
Logistics real estate giant Prologis Inc has proposed to buy Duke Realty Corporation in an all-stock transaction. Prologis communicated their interest to Duke through a letter sent to James B. Connor, Chairman and Chief Execu...
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• San Diego Ranks as Second Busiest Market for Conversions of Office to Life Science Space
This report provided by real estate services firm CBRE A sharp increase in construction of life sciences labs in the U.S. has included big gains in a premium category: conversions of office buildings to labs. According to a ...
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• Chapman University Defeats UCI in NAIOP SoCal’s Inaugural OC Real Estate Challenge
Students from the George L. Argyros School of Business & Economics at Chapman University successfully competed against a team from the University of California, Irvine to develop a winning land use proposal for a site in Anah...
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