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April 15, 2024
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• Brick and Mortar Sales Expected to Surge this Holiday Season
This report was provided by CBRE More consumers will return to brick-and-mortar stores for annual gift purchases this holiday season, with in-store sales expected to jump significantly compared to 2020. Faced with the prospe...
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• Draftsmen & Craftsmen
H. Hendy Associates has completed construction on a new global headquarters and production workspace design for Rocket Lab, a space systems company, in Long Beach. Rocket Lab fully occupies a 90.7k sf building owned by Sares ...
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• African-American Real Estate Professionals Association of Los Angeles Hosts the CRE Industry for The Zanja Madre Experience
The African-American Real Estate Professionals association of Los Angeles (AAREPLA) and other culturally diverse trade organizations gathered last Thursday in the award-winning garden plaza at 801 Tower – The Zanja Madre. All...
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• Inland Empire Industrial Demand is Spiking
This Inland Empire Q3 2021 Industrial Market Outlook report was provided by real estate services firm NAI Capital. MARKET OVERVIEW The industrial market in the Inland Empire is going through the roof as a supply chain crisi...
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• El Cajon Multifamily Sale Works Out to $221k per Unit
North Winds Apartments, a 20-unit multifamily property in El Cajon, sold for $4.425 mil, or $221.3k per unit. The property is located at 340 Orlando St, just south of I-8. Erik Anderson and Kyle Pinkalla with NorthMarq repre...
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• San Diego Office Market Rebounding from Pandemic Impact
This report was provided by real estate services firm Cushman & Wakefield ECONOMIC OVERVIEW: Employment Fundamentals Rebounding The San Diego employment market has recovered more than half (57%) of the 248,000 jobs lost dur...
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• Juniper Square and CrowdStreet Create New Partnership to Streamline Investment Management
Juniper Square has entered into a strategic partnership with CrowdStreet, a leader in online capital raising for CRE sponsors. The partnership will streamline investment management by synchronizing offering, investor and dist...
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• Denver Investor Sells Retail Centers in Cerritos, CA and Centennial, CO
A Denver-based private investor recently sold two retail center properties in Cerritos, CA and Centennial, CO. The properties include Cerritos Center located at 17220 Norwalk Blvd in Cerritos and Foxridge Plaza located at 816...
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• NAIOP SoCal’s Night at the Fights is Back -- on October 7!
Anticipation has been high for the return of NAIOP SoCal’s Night at the Fights black tie gala. As the largest and most prominent commercial real estate event in Southern California, Night at the Fights is back, set for Octobe...
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• Commercial Real Estate Values Return to Pre-Pandemic Levels in Many Markets
This report provided by CBRE A new CBRE survey finds that commercial real estate values have returned to pre-pandemic levels in many U.S. markets, continuing a recovery throughout the first half of 2021 that began at year-en...
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• Acquires ASOC LLC to Expand Aerial Inspection Services for Real Estate Construction / Development
9/09/21 has entered into a definitive agreement to acquire Aerial Systems on Command (ASOC LLC). ASOC is a provider of drone services to the construction and commercial real estate industries. Since 2015, ASOC has compl...
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• LoopNet vs. Crexi: Which is Better for Net Lease Property Sales?
In this informative video, the Net Lease Beast - Landan Dory, Vice President in the Austin, TX office of Avison Young - offers a deep dive comparison between the leading commercial real estate marketplace platforms, LoopNet a...
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• Midyear Market Sentiment Survey Reveals Rising Optimism for CRE Performance into 2022
This report was provided by Transwestern Real Estate Services Insights gathered from Transwestern’s Midyear 2021 Commercial Real Estate Market Sentiment Survey paint an optimistic picture of commercial real estate performanc...
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• U.S. Commercial Real Estate Investment Recovering Rapidly
According to the latest research info from global real estate services firm CBRE, investor inquiries and newly launched deals have recovered to near-2019 levels. Here is a summary of their just released report. Investor Act...
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• Multifamily Remains the Most Attractive Asset Class for SoCal Investment Activity
This report provided by real estate services firm CBRE Investment volumes through July have improved considerably in Southern California, totaling more than $20 bil - a 30% increase from the same period the year before. Thou...
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• U.S. Industrial Market Posts 100 msf Positive Net Absorption for 3rd Qtr 2021
This report provided by real estate services firm Transwestern The U.S. industrial market continues to prosper during the pandemic, posting 102.2 msf of positive net absorption for the third consecutive quarter, according to...
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• Gantry Arranges $120 Mil of Financing in Four Self-Storage Deals
Gantry arranged $120 mil of new commercial mortgages in four transactions across nine self-storage assets. Permanent loan solutions were tailored to each asset, which were each unique in their phase of construction, redevelop...
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• Real Estate Developer Bernie Huberman Passes Away
The world lost a real estate legend on July 10 as veteran real estate developer Bernard “Bernie” Huberman passed away at the age of 65. A son of Russian immigrants who grew up in Boyle Heights working at his father’s scrap ...
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• Pendulum Property Partners Forms Alliance with Banner Oak Capital Partners
Pendulum Property Partners (Pendulum) is celebrating its fifth year anniversary this July by establishing operations in Los Angeles and San Francisco and adding to its existing presence in Orange County and San Diego. The fi...
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• Inland Empire Industrial Market has Strong Second Quarter 2021
This update was provided by NAI Capital Commercial A year after the pandemic shutdown began, demand for warehouses is soaring, rents are rising, and developers are completing new projects. The supply of completed constructio...
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