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• USC Team Wins Silver Shovel at NAIOP SoCal’s Annual Real Estate Challenge
12/02/24
A five-member graduate student team from USC took home the silver shovel as the winner of the 27th Annual NAIOP SoCal UCLA vs. USC Real Estate Challenge, held November 21 at USC.
The competition featured five-member graduat...
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• Vanamor Spends $20 Mil on Riverside Res Asset
11/25/24
Vanamor purchased LuxLiv, a 62-unit multifamily community in Riverside, for $19.75 mil ($318.5k/unit). The firm has since awarded San Diego-based Sunrise Management with the property’s management assignment – including market...
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• Inland Empire Power Center Lands $140 Mil Refi
11/15/24
Castle & Cooke has obtained $140 mil in new financing on Crossings at Corona, a Class A, 834k sf retail power center in Corona. The new loan was arranged by JLL and funded through Deutsche Bank AG.
Crossings at Corona was co...
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• SoCal Economy’s Resilience Unable to Alleviate Continuing Housing Shortage
11/12/24
This year’s University of Southern California Casden Real Estate Economics Forecast predicts rent increases for the next two years throughout Southern California.
The annual report, which assesses current market conditio...
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• L.A. County’s Office Market Navigates Challenges as Property Sales Set New Benchmarks
10/21/24
This report provided by NAI Capital Commercial
MARKET OVERVIEW
The recovery of L.A. County’s office market remains hindered by weak demand, unoccupied new construction, and rising vacancy rates. However, the slower pace of...
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• RENTV's 2024 San Diego State of the Market Conference is Being Held on November 21
10/21/24
RENTV's 2024 San Diego State of the Market Conference
This annual event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throug...
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• Opportunities Emerge as Vacancy Continues Two-Year Rise in L.A. County Industrial Market
10/14/24
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q3 2024, the industrial space vacancy rate in L.A. County rose to 5.5%, reflecting a 180-basis-point (bps) increase year-over-yea...
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• 27th Annual NAIOP SoCal UCLA vs. USC Real Estate Challenge to be Held on November 21
10/10/24
NAIOP SoCal’s popular real estate challenge returns on November 21 when a five-member graduate student team from the Ziman Center of Real Estate at UCLA’s Anderson School of Business competes against a five-member graduate st...
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• $29 Mil Renovation Project Completed at Riverside City College
9/30/24
C.W. Driver Companies has completed a $29.3 mil renovation at Riverside City College with the transformation of the former Physical & Life Science Buildings, built in the 1960s, into the new Business, Law, and Computer Inform...
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• Investor Interest Grows as Ventura County Retail Market Adapts to New Opportunities
9/23/24
This report provided by real estate services firm NAI Capital Commercial
Despite rising vacancies and economic challenges, Ventura County's retail sector sees strong investor demand for prime locations, with sale prices up ...
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• Premier Workspaces Opens New Location in L.A.’s Brentwood Glen Area
9/16/24
Irvine-based Premier Workspaces has opened a new location in West Los Angeles. The site is at the Pixl Building, located at 500 South Sepulveda Blvd, within the Brentwood Glen area near the 405 Fwy, Sunset Blvd, and Wilshire ...
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• BioLife Plasma Services Takes 18.6k sf Space in Victorville
9/13/24
BioLife Plasma Services has inked a lease for 18.6k sf of space in Victorville. Terms of the deal were not disclosed.
The property is located at 12480 Amargosa Rd, within Victorville Shopping Center; a power center totaling ...
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• Inland Empire Retail Market Sees Steady Growth Amid Evolving Demographic and Economic Shifts
9/05/24
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
The Inland Empire’s retail market has seen notable growth over the past year, driven by population in-migration and the region’s more...
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• Investor Lands $15.5 Mil Loan on North OC Industrial Asset
8/28/24
A private investor has locked in a $15.5 mil refi loan on Fullerton Brea Business Park, a 111k sf multi-tenant industrial park in north Orange County, following the recent all-cash purchase of the asset. The property, locate...
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• San Diego May be Facing Limited Class A Office Options in the Future
8/28/24
Global real estate services firm JLL has just released the results of a study on the San Diego office market which suggests that future tenants may be challenged when looking for Class A space. This is due in part to the exis...
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• Interest in Office Conversions Grows Amid Rising Vacancies and Discounted Sales
8/26/24
This report was provided by Yardi as part of their August 2024 Commercial Edge Office Market Report
As it has become increasingly clear that remote and hybrid work is here to stay, the interest in converting vacant offices i...
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• San Diego-Based Discovery Property Group Becomes an Affiliate of SPERRY
8/26/24
Discovery Property Group Inc, out of San Diego, is joining real estate services firm SPERRY as an affiliate under the name Sperry-Discovery Commercial. Led by co-founders and brothers Mark Powell and Frank Powell, Sperry-Disc...
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• Ventura County Office Market Sees Signs of Stabilization Despite Challenges
8/18/24
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
The Ventura County office market's recovery is ongoing but faces challenges in boosting occupancy levels. Landlords, grappling with we...
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• New $54 Mil School Campus Completed in Riverside County
8/12/24
The Menifee Union School District’s newest campus, the Sally Buselt Elementary School, is now open for business. The all new $54.5 mil K-5 elementary school will serve up to 600 students residing in Riverside County. The proj...
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• Alicia Bramble, James Daughrity and Odest Riley Jr. Launch CRE Firm Focusing on Local Communities in Need
8/07/24
SoCal Premier Property Management, a newly formed, 100% minority-owned commercial real estate firm, offers full services and protection to property owners and tenants across Southern California. The new firm was founded by an...
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