| Lee & Associates Founder Bill Lee Passes Away
Bill Lee passed away after a long battle with cancer and cancer-related complications last night. He was 78 years old.
Bill Lee founded Lee & Associates Commercial Real Estate Services in 1979 in Orange County, CA. The comp...
| Premier Workspaces Stepping In as Other Coworking Firms Exit
The pandemic has shaken up the coworking/flexible office space industry with struggling and bankrupt coworking operators dominating the headlines. Many coworking operators closed their doors, leaving office building owners wi...
| Big-Box Industrial Transactions Up 25% in 2020 as Retailers Raced to Keep Up with Surge in Online Shopping
This report was provided by CBRE
The top North American markets for large warehouses (200k sf or larger) saw record transaction activity in 2020, with the total number rising 25%, according to CBRE. The surge in leasing acti...
| Industrial Properties Command Rent Premiums in U.S. Airport Markets as Distribution Firms Prioritize Delivery Speed
This report was provided by CBRE
Distribution firms want to be close to major air hubs to expedite speedy deliveries, but there is often a price to pay: Industrial rent premiums average 13% in the top U.S. airport submarkets...
| Burnham-Moores Center for Real Estate to Host 25th Annual Real Estate Conference on Three Megaprojects That Will Transform San Diego
The Burnham-Moores Center for Real Estate at the University of San Diego School of Business is holding its largest conference of the year—the 25th Annual Real Estate Conference Virtual Edition on Thursday, March 25, 2021 from...
| 2021 NAIOP SoCal USC vs UCLA Real Estate Challenge Goes Virtual on March 4
NAIOP SoCal will hold its much anticipated USC Trojans vs UCLA Bruins Real Estate Challenge on March 4 in a virtual format. Each year five-member graduate student teams from the Ziman Center of Real Estate at UCLA’s Anderson ...
| Multi-Use Logistics Primed for Big Growth
This report was provided by real estate services firm JLL
Industrial commercial real estate assets traded to the tune of nearly $96 bil in the United States in 2020, the second-best year on record, and the outlook for 2021 ...
| 2020 Year-End Look at San Diego’s Medical Office Market
This report was provided by Joe Zurek, Senior Associate at the San Diego office of Cushman & Wakefield
SUPPLY AND DEMAND: Resiliency in a Pandemic
At the end of Q4 2020, San Diego’s medical office direc...
| CBRE Acquires Beezley Management
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area. Beezley serves clients throughout the greater Los Angeles area and nationally and has...
| Commercial Financing Briefs
BERKADIA -- Allan Freedman and Nick Provost with Berkadia secured a $65.6 mil refi loan on Laguna Serrano Apartments, a garden-style multifamily property located in Laguna Niguel, on behalf of an undisclosed California-based ...
| Unusual Economic Recession Shows Mixed CRE Outlook through 2023, per Allen Matkins/UCLA Anderson Forecast California CRE Survey
The Winter 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that the current pandemic-related economic recession is having a mixed effect on California commercial real estate sectors, a...
| $32 Mil Crown Valley Park Community Building for Laguna Niguel Completed
Work has been completed on a new Crown Valley Park Community Building in Laguna Niguel. The $32 mil project was built by C.W. Driver Companies on behalf of the City of Laguna Niguel. LPA Inc was the architect for the develop...
| Inland Empire’s East Valley Industrial Market Sees Strong Fourth Quarter 2020
This report was provided by the Riverside office of real estate services firm Lee & Associates
The industrial real estate segment of the Inland Empire’s East Valley finished strong in the last quarter of 2020 with increased ...
| PWS is Expanding Its CA Laundromat Locations
PWS, the nation’s largest developer of new laundromats and the premier broker of existing laundromats, is developing five new locations across California, with another two locations in final lease negotiations.
The new reta...
| Record $70 Bil Forecast Online Returns Expected to Boost Demand in an Already Tight Industrial Market
This report provided by real estate services firm CBRE
Record e-commerce sales will drive more returns of goods bought online this holiday season than ever, stressing supply chains and increasing demand in the already tight ...
| Moulton Company Locks in $69 Mil Recapitalization on Four-Property Industrial Portfolio
Moulton Company has secured a $69 mil recapitalization on a four-property industrial portfolio totaling 991.6k sf in the southwestern United States. The money was arranged by CBRE Capital Markets’ Debt & Structured Finance.
| Office Assets Drive Rebound in Net-Lease Investment Activity
This report was provided by real estate services firm CBRE
Investment in U.S. net-lease properties rebounded in Q3 2020, driven by strong interest in office assets and, despite COVID-19 related international travel restricti...
| New 88k sf Athletics Center Completed at Orange Coast College
The new Kinesiology and Aquatics Pavilion at Orange Coast College (OCC) in Costa Mesa has been completed. The 88k sf athletics center features expanded and modernized space for a variety of OCC programs, including physical ed...
| Voit Real Estate Services Teams Up with Tangerine Energy in Battery Storage Biz
Voit Real Estate Services has entered into an exclusive collaboration with Tangerine Energy, an energy development company that is working to positively impact the environment and provide grid stabilization to local geographi...
| New Retail Center Completed by Primestor at Redeveloped Mixed-Use Community in South Central L.A.
Freedom Plaza, a brand-new neighborhood center that is the retail element of the Jordan Downs mixed-use development in Watts, a city in South-Central Los Angeles, has been completed. The 114.4k sf project, developed by Primes...