| Draftsmen & Craftsmen
McCormick Construction has completed renovation work of Westfield’s U.S. headquarters renovation, located at 2049 Century Park East in Century City.
McCormick’s scope of work on the Westfield-designed space consisted of the ...
| Barrister Renews Executive Suite Location in San Diego’s Torrey Pines Area
Barrister Executive Suites Inc has renewed its lease for an 18.7k sf executive suites location in San Diego. The deal is for first floor space at The Torrey Reserve building, located at 11622 El Camino Real, adjacent to I-5 a...
| Experts Offer Valuable Insight on Changing DTLA Office Market at RENTV Conference
By Allen Wolfsheimer
At RENTV’s Downtown Los Angeles State of the Market Conference, on April 19, a number of top DTLA commercial real estate pros shared their thoughts about the region’s office, retail, multifamily and hos...
| San Jose and San Francisco Ranked as the Top Two U.S. Tech Cities According to Cushman & Wakefield
Los Angeles has emerged in 18th place out of the top 25 U.S. tech cities, with San Jose (Silicon Valley) and San Francisco capturing the first and second spots respectively, according to Cushman & Wakefield’s inaugural “Tech ...
| NAI Capital Sees Continued Strength for LA Multifamily Market in Foreseeable Future
Demand for multifamily housing in Los Angeles held tight in the first quarter of 2017 – amid a surge of newly completed supply added to the market. According to NAI Capital’s just-released Multifamily Market Outlook, the vaca...
| Strategic Legacy Investment Group Launches San Diego Operation
LA-based Strategic Legacy Investment Group Inc (SLIG) is expanding its real estate operations to San Diego, with the opening of a new branch there. The new branch will be named Strategic Legacy Realty, San Diego (SLRSD) and w...
| Historically Low Vacancy Rate Driving Up LA South Bay Industrial Property Values
In a market as “tight as a drum”, owners of industrial property are not asking what their building is worth. They’re asking what will the building be worth next month! That’s the central observation emerging from The Klabin ...
| Gelt Inc Forms New Mobile Home Venture
Gelt Inc has formed a new business venture, Happy Home Communities (HHC), which will focus exclusively on the acquisition and management of mobile home and RV resorts throughout the Western United States. HHC will be led by E...
| CA Homes Sales Drop in April While Prices Continue to Climb
Following a strong first quarter start, California home sales lost momentum in April, while the median home price accelerated to a near-10-year high, according to the latest data from the California Association of Realtors® (...
| Inland Empire Office Market Potential Strong as SoCal Growth Patterns Show Coastal Residents Moving East
As more and more west coast residents are moving east, to the Inland Empire, employers, namely in the office sector, are now reaping the benefits. A new report from CBRE suggests that the region could be the next untapped fro...
| Los Angeles Retail Asking Rates Continue to Increase
In the first quarter of 2017, the Los Angeles retail market vacancy rate ticked up 30 basis points to 4.1% as 532.8k sf were delivered to the market, according to the latest research from NAI Capital. This new space includes ...
| OC Office Market Vacancy Rate at Lowest Level Since 2007
At the end of the first quarter of 2017, the Orange County office market vacancy rate was in single digit territory, the lowest seen since 2007. The vacancy rate registered 9.1%, down 80 basis points from a year ago. At the e...
| U.S. Industrial Markets Continued to Post Strong Numbers in 1st Quarter 2017
U.S. industrial markets absorbed 53.8 msf of space in the first quarter of 2017, well above the quarterly absorption average of 49.3 msf witnessed during the current economic expansion and significantly higher than the averag...
| Draftsmen & Craftsmen
Lifescapes International completed the landscape design for Trumark Urban’s TEN50, the new, luxury 25-story high-rise featuring 151 luxury residences in the heart of downtown Los Angeles. Located at 1050 S. Grand Ave in Downt...
| San Diego Industrial Market Achieves 23rd Consecutive Quarter of Positive Net Absorption
San Diego’s industrial market continued its overall momentum, reporting its 23rd consecutive quarter of positive net absorption (occupancy growth), according to the latest research provided to us by eal estate services firm C...
| Catch Up on the Latest Trends and Developments in Downtown Los Angeles and the Inland Empire
Here’s your chance to get up-to-date on the latest trends and activity in Downtown Los Angeles and the Inland Empire, at RENTV’s upcoming State of the Market conferences later this month. You’ll enjoy expert commentary from m...
| U.S. Suburban Office Vacancy Rate Near Pre-Recession Low
With the migration of many millennials to urban environments, some commercial real estate industry observers are less than bullish when it comes to suburban office product. However, the so-called “downfall of the suburban off...
| Commercial Real Estate Investment from High Net Worth Individuals on the Rise
Demand for U.S. commercial real estate assets from High Net Worth Individuals (HNWI)—those with more than $1 mil in liquid assets—rose in 2016 to $10.3 bil, according to the latest research from global property firm, CBRE Gro...
| Number of Corporate Space Occupiers Citing Economic Uncertainty as a Top Challenge is Growing
While talent continues to reign supreme on the list of top concerns for companies today, a new survey of corporate executives underscores the challenges they are facing in today’s economic environment. Of the 176 Americas exe...
| Starpoint Properties Awards Porsche 911 to 2016 Contest Winner
StarPoint Properties has awarded commercial real estate broker Stewart Weston with a 2017 Porsche 911 for bringing the greatest off-market deal volume in 2016 to the Beverly Hills-based real estate investment firm.