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Del Mar Heights Blvd Boasts the Highest Retail Rents in the San Diego Area 11/16/17 San Diego’s Del Mar Heights Boulevard is listed as having the 14th most expensive retail rents in the Americas, according to Cushman & Wakefield’s 29th annual Main Street Across the World report, just released. In last year’s...
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Law Firms Adjusting Real Estate Strategies to Respond to Changing Workplace Needs 11/13/17 Law firms are adjusting their real estate strategies in response to advances in technology, shifting client demand, aging workforces and intense competition to attract and retain skilled talent, according to a new report from...
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CA Housing Affordability Drops to Lowest Level in 10 Years 11/09/17 California’s housing affordability hit a 10-year low as tight housing inventory drove home prices higher and reduced purchasing power for homebuyers in the third quarter, primarily in previously more affordable regions such a...
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Outlook for U.S. Commercial RE Lending Market Remains Upbeat 11/08/17 Commercial real estate lending markets remained on the upswing in Q3 2017 with rising equity prices, limited volatility and tightening spreads, according to the latest research from CBRE.
The CBRE Lending Momentum Index, whi...
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Robert Hart Honored by the Los Angeles Real Estate & Construction Industries Council of the The City of Hope 11/07/17 Robert Hart, Founder and CEO of TruAmerica Multifamily, was recently presented with the Spirit of Life Award from the Los Angeles Real Estate & Construction Industries Council of the The City of Hope for his outstanding profe...
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Commercial Real Estate Financing Briefs 11/02/17 BERKELEY POINT CAPITAL - Berkeley Point Capital recently provided a Prime Residential affiliate with $105 mil in acquisition financing for the purchase of Avion at Spectrum, a 448-unit luxury apartment complex located in San ...
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CBRE Group Acquires Heery International Inc 10/31/17 CBRE Group Inc has completed its previously-announced acquisition of Heery International Inc (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC.
Hee...
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San Diego Sees Rejuvenated Industrial Market in the Third Quarter 10/27/17 Following a sluggish second quarter, characterized by local experts as an ‘early summer’, San Diego’s industrial market was rejuvenated in the third quarter with nearly 650k sf of occupancy growth, according to Cushman & Wake...
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International Appetite for U.S. Industrial Real Estate Surges 10/23/17 Strong fundamentals, the growing sophistication of logistics facilities and e-commerce growth has led to a surge in foreign industrial investment in the U.S., according to the latest research from CBRE.
Foreign investors ha...
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SoCal Expected to See Triple-Digit Residential Rent Increases Over Next Two Years 10/18/17 The 2017 University of Southern California Casden Economics Forecast finds that rising employment combined with an ongoing lull in homeownership will again drive rent increases over the next two years throughout the region.
...
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U.S. Office Vacancy Drops to 12.9% 10/10/17 Vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017 (Q3 2017) dropping to 12.9%, according to the latest analysis from CBRE. Continuing a recent pattern, suburban office markets ...
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SoCal Data Center Market Remains Stable 10/04/17 The Southern Californian area continues to remain a stable market for data centers, according to a new report from CBRE. Vacancy decreased to 16.3% for wholesale product and net absorption in H1 2017 totaled roughly 1.9 megaw...
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Draftsmen & Craftsmen 9/18/17 Renovation work has been completed at Harbor Medical Center, a three-story, 35.7k sf medical office building in Fullerton. The property is located at 2720 N. Harbor Blvd, near Bastanchury Rd and St. Jude Medical Center.
The ...
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Hong Kong Still the World’s Highest-Priced Office Market 9/14/17 Hong Kong is once again the world’s highest-priced office market according to CBRE’s semi-annual Global Prime Office Rents survey. The study also found that markets in the Americas and EMEA showed the most consistent growth i...
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West Los Angeles Office Landlords Discuss Changing Trends at RENTV’s State of the Market Conference 9/11/17 By Allen Wolfsheimer
A panel of L.A. office landlord experts discussed changing trends in the market at RENTV’s annual Westside Los Angeles State of the Market Conference, held Thursday, August 17, at the DoubleTree by Hilto...
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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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