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June 14, 2024
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• Draftsmen & Craftsmen
Renovation of the Davidson Library at University of California, Santa Barbara (UCSB) has been completed. The $58.5 mil project was done by C.W. Driver Companies. The project included the addition of a 62k sf, three-story bu...
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• Demand for Creative Office Space in LA May Climb to as Much as 44 msf
Demand from current occupants, technology, creative and co-working tenants could result in as much as 44 msf of demand for creative office space in the Greater Los Angeles region in the next few years, according to the latest...
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• Demand for SoCal Multifamily Housing Still Rising
Demand for multifamily housing in Southern California continued rising in the first half of 2016, absorbing much of the newly completed supply in most markets, according to NAI Capitalís latest Multifamily Market Outlook Repo...
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• Draftsmen & Craftsmen
Work has been completed on Crafton Center, a new two-story, 46.5k sf student services facility at the San Bernardino Community College Districtís Crafton Hills College in Yucaipa. The project was built by LA-based Bernards o...
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• Rand Sperry Launches New Broker-Oriented Real Estate Services Franchise
Rand Sperry has launched Sperry Commercial Global Affiliates LLC, a full-service commercial real estate franchise providing investment sales, leasing, and management services. Sperry, who serves as CEO, will leverage his deca...
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• National Storage Affiliates Buys Portfolio of 22 Properties in California
National Storage Affiliates, a Colorado-based real estate investment trust, has acquired a portfolio of 22 self-storage properties, totaling 1.6 msf of space, in California. The price was not disclosed. The Extra Space Stora...
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• New Trends in Food-and-Beverage Concepts Driving Expansion at Retail Centers
With food-and-beverage outlets now among the fastest-growing categories in retail centers, a new CBRE Group Inc report identifies four emerging eatery formats poised for significant expansion: food trucks, food halls, celebri...
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• Alex Kozakov and Patrick Wade Promoted to Senior Vice Presidents at CBRE Group
Alex Kozakov and Patrick Wade, co-leaders of a retail investment property sales team in downtown Los Angeles, have been promoted to senior vice presidents with CBRE. Kozakov and Wade joined forces in 2006 and have focused on...
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• LiquidSpace and Premier Business Centers Team Up to Provide Businesses a More Flexible Array of Creative Workspace Alternatives
LiquidSpace, the largest real-time network for office space, has entered into a new workspace partnership with Premier Business Centers, one of the largest, privately owned executive suite and alternative workspace companies ...
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• E-Commerce Boom Creating Growth Boom for Top US Inland Port Markets
The rapid growth of e-commerce has fueled development of warehouses and distribution centers in the 12 primary U.S. inland-port markets at nearly twice the national rate, according to a new report from CBRE Group Inc. Califor...
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• California Home Sales Reach Highest Level in Almost Four Years
After a couple months of lackluster growth in transaction volume, California existing home sales rose to their highest level in nearly four years in June, as sales surpassed the 400,000 mark for the fourth consecutive month, ...
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• San Diegoís Retail Fundamentals Remain Sound
Real estate fundamentals in San Diegoís retail market remained very strong this last quarter, according to the most recent research provided by real estate services firm CBRE. Asking rates remained flat, and have not decrease...
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• Latest Allen Matkins/UCLA Anderson Forecast California CRE Survey Questions Duration of Current Construction Boom
The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey signals that California commercial real estate continues its boom, but as U.S. economic growth slows, there are signs of this boom toppi...
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• Premier Business Centers Opens Its First Location in Calabasas
Premier Business Centers has inked a deal for their first executive office suite location in Calabasas. The Irvine-based firm took 14.5k sf of space at Corporate Center Calabasas office park, located at 26565 West Agoura Rd, ...
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• Draftsmen & Craftsmen
Klorman Construction recently installed cast in place pile foundation for the new Passenger Boarding Bridges system in Terminal 2 at LAX, part of a major overhaul and renovation program of Terminal 2 designed to significantly...
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• Draftsmen & Craftsmen
Klorman Construction has been chosen by McCormick Builders to design a 525-vehicle parking structure for the 800 South Flower St. office building in Burbank. Woodland Hills-based Klorman will oversee and manage the construct...
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• The Bascom Group and Village Partners Team Up in Development Venture
Two Orange County-based real estate firms, The Bascom Group LLC and Village Partners Inc, have formed a joint venture called Village Partners Ventures LLC. Village Partners Ventures will target transit-oriented and mixed-u...
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• CA Housing Market Maintains Momentum Despite Tight Inventory
California existing home sales edged up in May, rising above the 400,000 benchmark level for the third straight month, while strained housing supply continued to push prices higher, according to the latest research from the C...
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• U.S. Construction Costs Continue to Rise
Despite the global collapse of commodity prices Ė including many key inputs to construction Ė overall construction costs continue to rise nationwide in large part due to labor supply and demand dynamics that first surfaced du...
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• Noah E. Hochman and Greg Campbell among Recent Promotions at TruAmerica Multifamily
TruAmerica Multifamily Senior Managing Director Noah E. Hochman has been named to lead the firmís newly created capital markets group, and Senior Managing Director Greg Campbell will head the firmís national acquisition team....
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