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August 13, 2020
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• The World’s Highest Priced Office Market is Still London’s West End
London’s West End continued to be the world’s highest-priced office market but Asia dominated the world’s most expensive office locations, accounting for four of the top five markets, according to CBRE Research’s semi-annual ...
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• CA Year-Over-Year Home Sales and Prices are Higher for Fourth Straight Month
California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and prices for the fourth straight month, according to the ...
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• Construction Well Underway on Downtown LA’s Wilshire Grand High-Rise
Here’s a cool look at the progress on the landmark Wilshire Grand development, currently under construction in downtown Los Angeles. The photo, taken by just a few days ago by Fred Emmert of Air Views, shows work is well unde...
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• Thousand Oaks Retail Center Undergoing a Major Renovation
Oakbrook Shopping Center is moving forward with a façade renovation as part of a multimillion dollar revitalization of the 34-year-old, 89k sf grocery-anchored center. Improvements at the center, located on the corner of Erbe...
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• Los Angeles and Long Beach Ports Top CBRE’s National Ports and Logistics Index
The ports of Los Angeles and Long Beach topped CBRE’s first-ever “Ports and Logistics Index,” thanks to infrastructure that is well-suited to handle the largest cargo container ships, their proximity to Asian export markets, ...
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• L.A. County Office Market Sees Modest 66k sf of Absorption in First Quarter of 2015
The Los Angeles County office market recorded a modest amount of net positive absorption in the first quarter of 2015 as the vacancy rate remained stable at 16.4%, according to Avison Young’s First Quarter 2015 Los Angeles Co...
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• San Francisco is the Number One Choice for Investors in 2015
Half of all real estate investors in North America intend to increase their property acquisitions in 2015, with San Francisco the number one target for the second year in a row, according to the CBRE North America 2015 Invest...
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• Upcoming AIR Forms Review Event Discusses New State Law on Agent Disclosure of Dual Agency
AIR Commercial Real Estate Association (AIR) will be presenting another of its always heavily attended “Contract Forms Review” seminars on May 15 at the Double Tree by Hilton hotel in Anaheim. This year’s event will take a ...
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• Strong Economy Boosting CA Housing Market
California’s housing market continued to pick up steam as existing home sales and prices propelled higher, with both posting back-to-back increases in March, according to the California Association of Realtors® (C.A.R.). Clo...
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• High Demand for Tech Space Driving OC Office Market
Tech talent clustering is a growing driver of demand for office space in both large and small markets across the U.S., according to a new CBRE Research report, “Scoring Tech Talent” which ranks 50 U.S. markets according to th...
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• San Diego Retail Market Continues in Positive Mode
San Diego’s retail market started off 2015 the same way it ended 2014, on a positive note. According to the latest research from CBRE, the region’s development pipeline is filling up with more than 27 planned projects totalin...
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• Marcus & Millichap Capital Corp Arranges $8.5 Mil on SoCal Retail Asset
Marcus & Millichap Capital Corp (MMCC) has arranged $8.5 mil in financing for a 19.2k sf, three-tenant retail property in Eagle Rock. The refinancing was structured with a 10-year term amortized over 25 years with a fixed int...
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• Draftsmen & Craftsmen
Bernards has completed a significant, three-phased modernization and expansion project on the campus of Mira Costa High School. Located at 1401 Artesia Blvd in Manhattan Beach, Mira Costa is the only high school in the Manhat...
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• Commercial Real Estate Lending Continues to Grow
Commercial real estate lending increased for the fifth consecutive year in the U.S., as a strong fourth quarter capped expansion across lenders and property types, according to the latest research from CBRE. Loan closings we...
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• San Bernardino County to Hold State of the County on April 15, 2015
San Bernardino County’s The State of the County “Momentum is Building in 2015” will be a forum to share how the work of the Countywide Vision is generating positive momentum across important areas of San Bernardino County’s e...
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• CA Pending Home Sales See Double-Digit Annual Jump
Pending home sales in California soared in February to record the first double-digit annual gain in nearly three years and the third straight year-to-year increase, suggesting improved market conditions and more closed transa...
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• Joseph Didone Named Vice President at Bernards
Joseph Didone has been named to the position of vice president at Bernards, the LA-based commercial builder. In his role, Didone will provide executive-level oversight for complex Bernards projects. Didone is a 27-year vete...
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• California Housing Market Bounces Back in February
Slowing home price appreciation and improving inventory combined to boost California’s housing market in February as existing home sales and median home prices increased from both the previous month and year, according to the...
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• R. Todd Doney Named CBRE 2014 Top Producer in Downtown Los Angeles
R. Todd Doney has been named the top producer of 2014 in Downtown Los Angeles for CBRE. Doney also ranked in the top 250 of all CBRE professionals in the Americas, of which there are approximately 3,000 professionals. Through...
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• Strong Outlook for North American Industrial Market
The positive outlook for North American industrial real estate continues, according to global real estate services firm Cushman & Wakefield’s newly released 2015-2017 Industrial Real Estate Forecast. Below is a summary of the...
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