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March 29, 2024
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ETC... ETC... NEWS
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• SoCal Industrial Construction Hits Record Levels Since Recession
9/27/13
SoCal reached a post-recession high in industrial construction in the third quarter of 2013 with approximately 18 msf now underway, according to CBRE Group Inc. Southern California currently leads other top U.S. industrial m...
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• ICSC Western Division Conference and Deal Making Starts Today
9/18/13
Starting today, the International Council of Shopping Centers (ICSC) is once again hosting the 2013 Western Division Conference and Deal Making. The event, at the San Diego Convention Center, is one of the organization’s larg...
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• CA Home Sales Drop Slightly in August While Median SFR Price is Up
9/17/13
Following a strong performance in July, California’s housing market pulled back in August from the previous month and year, although sales of condominiums and townhomes remained robust, according to the latest numbers from th...
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• Median Home Sale Prices Up 16% Year-Over-Year Nationally
9/06/13
According to the most recent data from ZipRealty Inc, the nation’s housing market continues to show ongoing strength, tempered by moderation. Median home sales prices were up 16.2% year-to-year to an average of $278k, while n...
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• Percentage of Distressed Sales in CA Continues to Drop
8/30/13
The share of equity home sales in California continued to grow in July, increasing on a monthly basis for 17 of the last 18 months, while distressed sales plunged by half compared to a year ago, according to the latest data f...
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• Housing Market Rebirth Spurs Leasing in the Inland Empire
8/28/13
Here’s a mid-year review of the Inland Empire office market, provided to us by Marcus & Millichap, the national real estate investment services firm. This summary is pulled from the firm’s quarterly Office Research / Market O...
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• OC Industrial Market Continues to Gain Momentum
8/20/13
Demand for industrial buildings in Orange County continued to gain momentum and confidence grew among developers as signs of a slow but steady economic recovery continued to unfold during the second quarter of 2013, fueling c...
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• CA Home Sales Reach Highest Level in Over a Year
8/19/13
California’s housing market bounced back after a slight dip in June to reach the highest level since May 2012, as home prices continued to post strong annual gains and home sales recorded the first annual increase in six mont...
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• Property Tax Filing Deadline for Much of California Approaching Fast
8/15/13
Here’s a helpful reminder to property owners, managers, real estate directors and other professionals overseeing real property matters – the property tax filing deadline for 2013 tax season ends September 16, 2013. This appli...
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• Mountain Real Estate Capital and Warmington Residential Form Partnership
8/08/13
Mountain Real Estate Capital (MREC) and Warmington Residential have formed a partnership to acquire and develop 48 lots located within the prestigious Stellan Ridge community in Riverside. This is the first venture between MR...
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• San Diego County Retail Recovery Hits the Pause Button
8/07/13
After shifting into higher gear in 2011 and 2012, the San Diego County retail market settled into neutral following 378k sf of negative absorption in the first six months of this year and a corresponding increase in vacancy t...
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• David P. Waite Named Chair at ULI Los Angeles
8/05/13
David P. Waite has been named Chair at ULI Los Angeles, a District Council of the Urban Land Institute (ULI). A Partner with the law firm Cox, Castle & Nicholson LLP, Waite assumes the chairmanship of the land-use organizati...
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• AEW Capital Management Awards 3.2 msf Portfolio to RiverRock Real Estate Group
7/31/13
AEW Capital Management has awarded RiverRock Real Estate Group the management assignment for a 3.2 msf portfolio of office and industrial space located in Southern California and Arizona. Beginning August 1, RiverRock will t...
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• San Diego Office Market on Pace for Strongest Absorption Since 2005
7/29/13
At the six-month mark for 2013, there has been 736.3k sf of net office absorption in San Diego, a pace that puts the market on track to out-perform 2012’s 1.2 msf total for its best annual performance since 2005, according to...
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• Draftsmen & Craftsmen
7/18/13
Construction has begun on the new 74k sf, located at 5555 Grossmont Center Dr in La Mesa. It is being constructed by McCarthy Building Companies, who was retained by the Grossmont Healthcare District (GHD), with CEO Barry Jan...
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• CA Median Home Prices Remain Over $400k for Third Straight Month
7/17/13
California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the $400k for the third straigh...
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• Inland Empire East Valley Ind Market Continues Strong Path to Recovery
7/16/13
The Riverside office of Lee & Associates has released its second quarter 2013 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire. They’ve provi...
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• Johnson, Smith, Kachani and Lenhert Provide Insight at Recent SoCal Broker Exchange
7/11/13
Guy Johnson, Chairman and CEO of Johnson Capital, was the keynote speaker at a recent Broker Exchange gathering held by Sperry Commercial at The Pacific Club in Newport Beach on June 6th. The event, titled “Show Me the Money ...
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• Allen Matkins/UCLA Anderson RE Survey Sees Continued Optimism
7/10/13
Developers expressed evident optimism regarding commercial real estate market conditions in the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. The biannual survey projects a three-year a...
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• Commercial Real Estate in Some Parts of SoCal Posting Impressive Gains While Others Treading Water
7/02/13
SoCal’s commercial real estate market in the second quarter of 2013 mirrored the mixed signals seen in the broader economy, according to the latest data from Newmark Grubb Knight Frank (NGKF). The firm’s mid-year research sho...
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