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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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• Opportunities Emerge in L.A. County Retail Market Despite Slow Recovery
7/29/24
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
L.A. County's retail market recovery, four years post-pandemic, continues at a slow pace. In Q2 2024, the retail sector saw another u...
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• 1,000-Unit Res Portfolio Lands $128 Mil Refinancing
7/23/24
San Diego-based Tower 16 Capital Partners has secured a $128 mil refinancing of a four-property multifamily portfolio comprising nearly 1,000 units across California and Arizona. The new fixed-rate agency loans feature five-y...
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• Dean Zander Joins Newmark as Vice Chairman
7/05/24
Dean Zander has joined Newmark as Vice Chairman, based in the Century City office in West Los Angeles. Zander brings over three decades of experience in the multifamily sector throughout Southern California, closing transacti...
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• L.A. County Commercial Real Estate Faces Summer Slowdown Amid Rising Vacancies and Mixed Rent Trends
7/05/24
This report provided by real estate services firm NAI Capital Commercial
Los Angeles County's commercial real estate markets slowed in the first half of 2024, heading into the slow days of summer, with vacancy rates rising, ...
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