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• Aging U.S. Population is Boosting Demand for Medical Office Space
8/31/17
The aging U.S. population, pressure for healthcare providers to cut costs and new technologies have boosted demand for medical office properties in recent years, according to a new report from CBRE. The U.S. Census Bureau est...
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• Trigild Takes Over Management of San Diego Medical Office Property
8/25/17
San Diego-based Trigild has taken over the day-to-day management of more than 240k sf of retail and commercial property. This includes Pacific Medical Plaza, a three-story, medical office property at 4910 Director's Place in ...
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• Draftsmen & Craftsmen
8/09/17
Construction has been completed on the Newport Beach Country Club, a 65k sf, two-level development by International Bay Clubs LLC. The $50 mil project was built by C.W. Driver Companies’ affiliate Driver SPG, an arm that spec...
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• Marketplace Shopping Center in Oxnard Inks Deals with Two Major Retailers
8/04/17
In Oxnard, there have been two recent leases with national retailers at The Marketplace shopping center. The transactions, which total about 50k sf, were with Restoration Hardware Outlet and Design within Reach Outlet
Restor...
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• Los Angeles Retail Vacancy Rate is Up Slightly and May Continue to Rise
8/03/17
The Los Angeles retail market vacancy rate ticked up 10 basis points to 4.3% in the second quarter of 2017 as 173.8k sf of newly completed construction was delivered to the market. According to the latest research provided by...
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• Watch Presentation on DTLA's Exciting Metropolis Development
8/02/17
Keynote presentation by Ryan Aubry, Director of Development at Greenland USA, at RENTV's Downtown Los Angeles State of the Market Conference on April 19, 2017
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• California’s Commercial Real Estate Growth Expected to Start Slowing
8/02/17
The Summer/Fall 2017 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that broad segments of the market will be slowing down in the coming years. The biannual survey projects a three-year-ah...
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• Draftsmen $ Craftsmen
8/01/17
C.W. Driver Companies has broken ground on the $17.9 mil construction of the new Mission Hills-Hillcrest Harley & Bessie Knox Public Library. The 14k sf, one-story structure will be nearly four times the size of the current l...
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• L.A. Office Market Still on Track Despite Slight Vacancy Rate Increase in 2nd Quarter 2017
7/27/17
The second quarter of 2017 saw the Los Angeles office market vacancy tick up 10 basis points to 11.4%, as 705.5k sf of office space was completed during the quarter, according to the latest research provided by NAI Capital. T...
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• Mid-Year Numbers Flat for San Diego Industrial Sector
7/20/17
San Diego’s industrial sector showed a minimal loss in occupancy during the second quarter, although it’s viewed as a mere blip as the market as a whole maintains solid footing, according to Cushman & Wakefield’s just release...
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• Oakland, Portland, Sacramento, Dallas and Atlanta Rated Best “Buy” Markets for Office Property Investors
7/19/17
Oakland, Portland, Sacramento, Dallas and Atlanta are the five U.S. cities showing the greatest promise as “buy” opportunities for investors of office properties, according to a recent study by Ten-X Commercial, the online re...
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• Draftsmen & Craftsmen
6/22/17
McCormick Construction has completed renovation work of Westfield’s U.S. headquarters renovation, located at 2049 Century Park East in Century City.
McCormick’s scope of work on the Westfield-designed space consisted of the ...
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• Barrister Renews Executive Suite Location in San Diego’s Torrey Pines Area
6/15/17
Barrister Executive Suites Inc has renewed its lease for an 18.7k sf executive suites location in San Diego. The deal is for first floor space at The Torrey Reserve building, located at 11622 El Camino Real, adjacent to I-5 a...
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• Experts Offer Valuable Insight on Changing DTLA Office Market at RENTV Conference
6/15/17
By Allen Wolfsheimer
At RENTV’s Downtown Los Angeles State of the Market Conference, on April 19, a number of top DTLA commercial real estate pros shared their thoughts about the region’s office, retail, multifamily and hos...
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• San Jose and San Francisco Ranked as the Top Two U.S. Tech Cities According to Cushman & Wakefield
6/08/17
Los Angeles has emerged in 18th place out of the top 25 U.S. tech cities, with San Jose (Silicon Valley) and San Francisco capturing the first and second spots respectively, according to Cushman & Wakefield’s inaugural “Tech ...
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• NAI Capital Sees Continued Strength for LA Multifamily Market in Foreseeable Future
6/07/17
Demand for multifamily housing in Los Angeles held tight in the first quarter of 2017 – amid a surge of newly completed supply added to the market. According to NAI Capital’s just-released Multifamily Market Outlook, the vaca...
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• Strategic Legacy Investment Group Launches San Diego Operation
5/24/17
LA-based Strategic Legacy Investment Group Inc (SLIG) is expanding its real estate operations to San Diego, with the opening of a new branch there. The new branch will be named Strategic Legacy Realty, San Diego (SLRSD) and w...
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• Historically Low Vacancy Rate Driving Up LA South Bay Industrial Property Values
5/24/17
In a market as “tight as a drum”, owners of industrial property are not asking what their building is worth. They’re asking what will the building be worth next month! That’s the central observation emerging from The Klabin ...
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• Gelt Inc Forms New Mobile Home Venture
5/18/17
Gelt Inc has formed a new business venture, Happy Home Communities (HHC), which will focus exclusively on the acquisition and management of mobile home and RV resorts throughout the Western United States. HHC will be led by E...
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• CA Homes Sales Drop in April While Prices Continue to Climb
5/17/17
Following a strong first quarter start, California home sales lost momentum in April, while the median home price accelerated to a near-10-year high, according to the latest data from the California Association of Realtors® (...
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