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• As LA’s Economy Improves, Retail Should Follow
10/31/12
Los Angeles employers added more positions in the second quarter than during any other three-month period over the last decade — an indication that the county’s economic recovery could be gaining traction, which will support ...
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• Charles Brown Installed as New President of IREM Los Angeles
10/30/12
At a ceremony last week at the Dorothy Chandler Pavilion in downtown Los Angeles, Charles Brown, was installed as the new President of the Institute of Real Estate Management, (IREM) Los Angeles chapter. This chapter boasts ...
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• Connie Hwang Joins Avison Young as Regional Research Director for SoCal
10/26/12
Connie Hwang has joined Avison Young as the Regional Research Director of Southern California. Effective immediately, Hwang will provide the region’s three SoCal offices with market intelligence, custom research, and speciali...
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• September Brought CA’s Highest Median Home Sales Price in Over Four Years
10/18/12
A continued shortage of available homes for sale lowered California home sales in September, while the median price reached the highest level in more than four years, according to the latest research sent out by the Californi...
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• Heger Industrial Awarded Property Management Assignment for the Alameda Trade Center in LA
10/12/12
Heger Industrial was awarded the property management assignment for the Alameda Trade Center (ATC) in downtown Los Angeles. The Alameda Trade Center is an approximately 400k sf industrial project, consisting primarily of food...
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• CA Housing Market on the Mend
10/04/12
California’s housing market will continue to recover in 2013, as home sales are forecast to increase for the third consecutive year and the median price to rise for the second straight year, according to the California Associ...
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• Diminishing Housing Inventory Limiting Sales in CA
9/27/12
While California pending home sales rose in August from July, a continuing shortage of housing inventory sent pending sales lower from the previous year. Additionally, the lack of supply, particularly of REO properties, sent...
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• CA Home Median Price Reaches Four-Year High
9/18/12
California home sales declined in August but continued to maintain a strong pace, recording five consecutive months of year-over-year sales gains, while the median price reached a four-year high, according to the latest data ...
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• Economic Update
9/17/12
Friends and Colleagues
In light of the big Fed announcements this week, our friends at Wells Fargo Securities (WFS) review what the Fed did and what it means. Read on for details....
The Fed made some big announcements thi...
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• Strong Job Growth Fueling US High-Tech Office Markets
9/07/12
Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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• SoCal Retail Briefs
8/23/12
IMPERIAL BEACH (San Diego County) -- Los Angeles-based Drooz Trust paid $7 mil for a 14.9k sf retail property occupied by CVS/pharmacy. The property is situated on one-acre of land at 800 Palm. Hamid Soroudi and Kimberly Robe...
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• Draftsmen & Craftsmen
8/22/12
Construction on the new $72.7 mil Bob Hope Airport Regional Intermodal Transportation Center (RITC) has gotten underway. The facility, which is being built by McCarthy Building Companies, will provide seamless connectivity fo...
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• Tech Industry Fueling Office Growth in Markets across the US
8/17/12
Job growth in the high-tech sector is fueling strong rental rate growth and declining vacancies in tech-oriented office markets across the U.S., according to a new report entitled “Tech-Twenty Office Markets,” just released b...
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• San Diego’s Office and Industrial Markets Showing Signs of Recovery
7/12/12
San Diego’s industrial and office markets demonstrated strong signs of recovery during the second quarter of 2012, according to a Second Quarter Market Report from Voit Real Estate Services. Office vacancy dipped to 14.24 pe...
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• NEXREGEN to Enable Easier Commercial Real Estate Ownership by Small Investors
6/26/12
In an effort to make commercial real estate ownership easier for smaller investors, real estate industry veteran Harold Hofer, backed by former CBRE CEO Ray Wirta, has launched NEXREGEN Real Estate Investment Trust I. NEXREG...
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• Lowe Enterprises Investors (LEI) and The Guardian Life Insurance Company of America Form New Partnership
5/30/12
Lowe Enterprises Investors (LEI) and The Guardian Life Insurance Company of America (Guardian) have teamed up to form LEI Senior Finance LLC, a venture with a major public pension fund that will invest approximately $164 mil ...
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• Draftsmen & Craftsmen
5/22/12
A recently completed $131 mil Bachelor Enlisted Quarters (BEQ) at Camp Pendleton has been named a 2012 Project of the Year by the American Public Works Association (APWA), San Diego/Imperial Chapter. The award was presented a...
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• OC Office Market Stabilizing
5/17/12
The latest research suggests that the Orange County office market has stabilized, although at a point that still favors tenants. That’s the finding of the Orange County Studley Report, real estate services firm Studley’s anal...
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• Fragmented Recovery Starting to Materialize for Inland Empire Office Market
5/02/12
A significant upturn in space demand remains several quarters away for the Inland Empire office market as tenants backfill underutilized space, limiting improvements in 2012, according to the latest research provided to us by...
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• Draftsmen & Craftsmen
4/27/12
McCarthy Building Companies Inc and HDR Architecture Inc have recently begun construction of the new $150 mil Martin Luther King, Jr. Multi-Service Ambulatory Care Center in Los Angeles. The new 132.6k sf facility was designe...
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