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• LA County Office Market Grapples with Record Vacancies
4/12/24
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
Despite the continuous rise in vacant space and ongoing construction projects, weak demand is hindering the LA County office market's...
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• Ventura County Industrial Rates Remain Steady as Vacancies Increase Slightly
4/09/24
Market Highlights
• Direct vacancies rose to 3.4%.
• Direct asking lease rates remained steady YOY at $1.25/sf nnn.
• Industrial properties under 50k sf accounted for over 66% of 1Q24 leasing activity.
Market Drivers
• Ven...
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• Andrew Jennison and Daniel Pickart Join Newmark
4/08/24
Andrew Jennison and Daniel Pickart have joined Newmark as Vice Chairman and Senior Managing Director, respectively. Based in the Century City office, the team will contribute to the growth of Newmark's Private Capital Market ...
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• Sperry Commercial Global Affiliates Changes Its Name to SPERRY
4/05/24
Commercial real estate services firm Sperry Commercial Global Affiliates has changed its name to SPERRY and introducing a new logo for its U.S. operations. For the company’s international operations and expansion, it will be...
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• Multifamily Sector Leads the Commercial Real Estate Market in L.A. County
4/02/24
This report was provided by real estate services firm NAI Capital Commercial
Throughout the first quarter of 2024, L.A. County's commercial real estate market responded to prevailing economic trends by witnessing a predomin...
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• City of Orange Honors AO Architects for 50 Years of Award-Winning Design Work and Community Service
3/28/24
Celebrating a half-century of award-winning design, innovation, and community building, the City of Orange honored AO, a leading full-service architecture firm with expertise spanning the full commercial and multifamily resid...
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• See Who Spoke at RENTV's March 21 OC State of the Market Conference
3/27/24
Below are pics of the expert speaker panels who spoke at RENTV's Orange County State of the Market Conference, held March 21, 2024 at Irvine Company's Venue event facility in Irvine.
Photos: Allen Wolfsheimer
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• Initial Speakers Announced for 2024 Inland Empire State of the Market Conference
3/26/24
RENTV is presenting its 2024 Inland Empire State of the Market Conference on Thursday, May 2, 2024 at the Embassy Suites by Hilton Ontario Airport Hotel.
Click Here to learn more.
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• New Mortgage Payments Expected to be Higher than Rent for Next Five Years, Making U.S. Homeownership a Challenge for Many
3/25/24
This report provided by CBRE Corporate Communications
Achieving the American dream of homeownership has become increasingly challenging, with new research from CBRE indicating that mortgage payments are projected to exceed r...
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• Matt Carlson and Patrick Gildea Named Regional Leaders at CBRE Capital Markets
3/14/24
Matt Carlson and Patrick Gildea have been named regional leaders for CBRE’s Capital Markets national office platform. As Co-Heads of U.S. Office Capital Markets, Carlson will provide strategic oversight for the West region, w...
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• NAIOP SoCal Orange County Real Estate Challenge Featuring Chapman University vs. University of California, Irvine to be Held April 17
3/08/24
The 3rd Annual NAIOP SoCal Orange County Real Estate Challenge between graduate student teams from the Chapman University Argyros College of Business & Economics (Chapman) and the University of California, Irvine Paul Merage ...
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• Nick Wirick Leads New Retail Team at SRS Real Estate Partners
3/04/24
SRS Real Estate Partners has boosted its SoCal presence with the addition of a retail team led by real estate veteran Nick Wirick, who will serve as Senior Vice President and Managing Principal. Additional team members includ...
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• New Labor Law, Rising T.I. Costs and More – JLL Pros Comment on Retail in Los Angeles
3/04/24
Real estate services firm JLL recently released two retail reports – one on the overall retail outlook and the other a grocery report. Below is a Los Angeles-centric perspective on both topics provided by three of the firm’s...
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• Avison Young Enters into Deleveraging Transaction with Its Financial Partners
2/27/24
Avison Young has agreed to a comprehensive deleveraging transaction with its current financial partners that better positions Avison Young for the future. Through this transaction, Avison Young has reduced its financial oblig...
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• Investment Volume Could Pick Up in 2nd Half of Year if Central Banks Cut Rates in the Second Quarter
2/15/24
CBRE recently released its latest Global Investment Brief, which provides a comprehensive analysis of the global commercial real estate investment landscape. The report offers valuable insights into investment volume trends a...
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• Allen Matkins/UCLA Anderson Forecast California CRE Survey Finds Adaptive Reuse of Office Buildings is on the Rise
2/14/24
This report provided by Allen Matkins and UCLA Anderson School of Management
The Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey (“The Winter 2024 Forecast” or “the Forecast”) just r...
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• A Collaborative of San Diego Design Leaders Reinvigorates the Design Center, Introduces Futuro Space
2/13/24
At the renowned San Diego Design Center, a classic 15.3k sf mid-century modern multi-building office campus located at 3605 Fifth Ave in San Diego’s Hillcrest neighborhood, local design leaders are joining forces to reinvigor...
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• Building Sales in the Inland Empire's Industrial Market Experience a Shift
2/02/24
This update provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
With the Inland Empire’s industrial market concluding 2023 at a record-breaking pace—adding an unprecedented 14.8 msf of completed co...
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• Century City Experiences a Surge in Vacant Office Space At Year-End 2023
1/29/24
This report provided by real estate services firm NAI Capital Commercial
At year-end 2023, Century City's office building vacancy increased. Direct vacant office space rose by 18.6% year over year, totaling 1.4 msf of vacan...
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• Commercial Real Estate Financing Briefs
1/23/24
GREYSTONE -- has provided a total of $79.125 mil in Fannie Mae (DUS®) loans to refinance three multifamily properties totaling 939 units in and around Tucson, AZ. The financing was originated by Greystone’s Dan Wolins on beha...
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