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August 19, 2022
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ETC... ETC... NEWS
Archive
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• San Diego Ranks as Second Busiest Market for Conversions of Office to Life Science Space
5/11/22
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
5/10/22
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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• Robust Demand Fuels San Diego Industrial Market
4/28/22
This report was provided by real estate services firm JLL Industrial market conditions across San Diego remained largely unchanged in Q1, as overwhelming tenant demand continued to outpace existing and new supply. Currently,...
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• Chapman University and UC Irvine Graduate Real Estate Teams to Face Off in First Ever NAIOP SoCal OC Real Estate Challenge
4/21/22
For the first time ever, NAIOP SoCal will hold an OC Real Estate Challenge between graduate student teams from the Chapman University Argyros School of Business & Economics and the University of California, Irvine Paul Merage...
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• SoCal Office Markets Seeing Flight to Low-Mid-Rise Buildings
4/19/22
This report provided by NAI Capital Commercial As tenants renewing leases question what type of space and how much they’ll truly need, a flight to low-mid-rise office building space is playing out in Southern California mark...
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• UCLA Anderson Ranked 7th Top Real Estate Program by U.S. News
4/12/22
UCLA Anderson School of Management has been named the 7th best real estate MBA program by U.S. News & World Report (U.S. News). The publication’s 2023 Best Business Schools survey is the leading business school survey in the ...
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• SoCal Industrial Vacancies Drop to New Low
4/07/22
This report provided by real estate services firm NAI Capital Companies signing new leases have been hit the hardest by the shortage of industrial space. In the first quarter of 2022, the regional average asking rent in Sout...
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• Southern California Sees Significant Growth in Data Center Leasing Activity in 2021
3/29/22
This report provided by CBRE Driven by cloud service providers and enterprise firms, data center leasing activity in Southern California picked up significantly in 2021, according to a new report from CBRE. Southern Califor...
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• NewMark Merrill’s Sandy Sigal Honored by California Business Properties Association
3/28/22
Sandy Sigal, President and CEO of NewMark Merrill Companies, was honored by California Business Properties Association (CBPA) with the Ernest W. Hahn Award during its Awards Dinner on March 24. NewMark Merrill is a Woodland ...
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• Kairos Investment Management Company Introduces Program to Help Residents at Its Affordable Housing Communities Improve their Credit Scores
3/25/22
Kairos Investment Management Company (KIMC) has launched a new program for its affordable housing communities to help residents improve their credit profiles. The program is led by Esusu, the pioneering fintech company that r...
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• San Jacinto Community College District Breaks Ground on STEM Science & Technology facility
3/24/22
Mt. San Jacinto Community College District (MSJC) has broken ground on a new STEM Science & Technology facility at its San Jacinto Campus. The $37 mil project is being built by C.W. Driver Companies in partnership with LPA Ar...
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• Interstate Equities Corporation Closes Its Fifth Institutional Fund with $445 Mil in Equity Commitments
3/18/22
Interstate Equities Corporation (IEC) has closed its fifth institutional fund, “IEC Institutional Fund V,” with $445 mil in equity commitments. The fund, which will invest in acquiring, renovating, and repositioning value-ad...
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• Six Peak Capital Lands $53.7 Mil in Financing on L.A. Multifamily Portfolio
3/17/22
George Smith Partners has arranged $53.7 mil in non-recourse bridge financing for a six-property portfolio comprising three conventional multifamily properties and three co-living properties in Los Angeles. The financing was ...
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• OC Industrial Market Hits Record Low Vacancy Rate
3/14/22
Orange County’s industrial market experienced its lowest vacancy rate on record, as the ports of Los Angeles and Long Beach started operating around the clock to help alleviate bottlenecks and get goods out to warehouses. The...
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• Majestic Realty’s Ed Roski to be Inducted into NAIOP SoCal’s Hall of Fame
3/07/22
Emmy-Award Winning Actress Laura Wright will host the first-ever NAIOP SoCal Awards Gala on May 12. NAIOP SoCal, a leading organization for the commercial real estate industry in Southern California, will celebrate the best o...
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• Los Angeles Multifamily Market Sees Lowest Vacancy Rate in Two Decades
3/04/22
This report provided by Marcus & Millichap Robust leasing velocity widespread for a second consecutive year. Los Angeles County rentersabsorbed more than 30,000 units last year, slashing apartment vacancy to a 20-year low. C...
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• Cross-Border Investment in U.S. Industrial Assets Reaches Record Levels
2/28/22
This update provided by JLL’s Capital Markets Group With more than $143 bil in transactions, investor demand in industrial assets in the U.S. soared to new heights in 2021, up 32% over 2019’s previous high-water mark. Cross-...
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• U.S. Life Sciences Real Estate Investment Market Expected to See Continued Growth in 2022
2/24/22
This report provided by CBRE Investment in U.S. life sciences real estate increased by 62% last year, with further growth of at least 10% expected in 2022, according to a CBRE research report. Investment in life sciences r...
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• JLL Acquires Gilliland Construction Management
2/23/22
JLL has completed the acquisition of Gilliland Construction Management, a leader in project and construction management services for life sciences, lab, retail, hospitality, industrial, multifamily and office properties. Fo...
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• Optimistic Outlook Predicted Across All Commercial Real Estate Sectors
2/10/22
The Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current recovery from the recent pandemic-related economic recession has had a positive effect on all California com...
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