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November 15, 2025
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SOUTHERN CALIFORNIA NEWS
Archive
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• OC Retail/Industrial Portfolio Sells for $15.5 Mil
10/03/25
A three-building, 36.4k sf retail/industrial portfolio in North Orange County and L.A.’s MidCounty area traded hands in a recent $15.5 mil transaction. The properties are located at 16211-16217 Heron Ave in La Mirada, 1268 S....
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• Multi-Tenant Retail Asset in Yucca Valley Sells for $145/sf
10/02/25
An L.A.-based private investor paid $1.98 mil for a 13.6k sf ($145/sf), multi-tenant retail building located at 57990 29 Palms Highway in Yucca Valley. The property traded as part of a 1031 exchange transaction. Located in ...
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• Two Coastal SoCal Whole Foods Properties Hit the Market with a Combined Price of $145 Mil
10/01/25
A portfolio of two Whole Foods-anchored properties in desirable, affluent SoCal locales has been offered for sale at a combined asking price of $145 mil. The assets are located in Santa Barbara and malibu -- two of the most s...
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• New $285 Mil Student Housing Development Completed at University of California, Riverside
10/01/25
A new 1,568-bed student housing development at the University of California, Riverside (UCR) has just been completed. The project – the North District Phase 2 Student Housing development – was built by McCarthy Building Compa...
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• First Phase of Spec Industrial Development in Otay Mesa Lands $102 Mil in Construction Money
9/30/25
The developer of Otay Business Park, a joint venture between Elevation Land Company and a real estate fund advised by Crow Holdings Capital, have obtained $102.4 mil in construction financing for the project’s first phase. Ot...
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• New Starbucks in Santa Barbara Fetches Over $1,750/sf
9/30/25
A 2.1k sf, newly constructed, single-tenant corporate Starbucks in Santa Barbara sold for $3.7 mil, or $1,762/sf. The property, located at 402 North Milpas St, was acquired by a San Francisco-based 1031 exchange investor. Th...
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• Gerrity Group Pays $45 Mil for 127k sf Retail Center in Thousand Oaks
9/29/25
Gerrity Group LLC has acquired Conejo Valley Plaza, a 127k sf, grocery-anchored shopping center in Thousand Oaks, for $45.5 mil ($358/sf). Anchored by Ralphs and Bank of America and shadow-anchored by Marshalls, HomeGoods, CV...
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• Stos Partners Collects $4.45 Mil from Sale of San Marcos Industrial Asset
9/26/25
A 10k sf industrial property in San Marcos sold for $4.45 mil, or $445/sf. The property is located at 145 N. Pacific St, east of Rancho Santa Fe Rd between Hwy 78 and Mission Rd. The sale of this building represents one of t...
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• Strip Center in West Los Angeles Trades for $930/sf
9/26/25
A two-tenant, 4.3k sf strip center in West Los Angeles sold for $4 mil, or $930/sf. The property, located at 11700 Gateway Blvd, was 100% occupied by 7-Eleven (corporate) and the high-end sushi destination Kusaki Restaurant ...
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• Newly Constructed Starbucks Drive-Thru in Moreno Valley Sells for Over $1,800/sf
9/26/25
A newly constructed, 1.5k sf single-tenant Starbucks Drive-Thru in Moreno Valley sold for $2.73 mil ($1,820/sf). Built in 2023, the structure sits on 0.69 acres at 22350 Cactus Ave. The property is part of the newly develope...
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• SAC Health Opens New Campus in San Bernardino
9/25/25
SAC Health has completed construction of its new SAC Health Brier Campus, a 280k sf former banking call center in San Bernardino that now serves as a state-of-the-art outpatient facility. Designated as SAC Health’s flagship l...
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• Buie Stoddard Group Obtains $54 Mil in Financing on Five SoCal Shopping Centers
9/25/25
Buie Stoddard Group has obtained $54 mil in loans on five retail shopping centers the company owns, with four of the centers located in South Orange County and the fifth one in North San Diego County. The properties were orig...
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• Dunbar Real Estate Investment Management Buys 51k sf San Gabriel Valley Industrial Property
9/25/25
Dunbar Real Estate Investment Management paid $10.05 mil for a 51.5k sf ($195/sf), multi-tenant industrial property in the eastern San Gabriel Valley city of Irwindale. The property, located at 1400-1430 Arrow Hwy, is compris...
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• Brixton Capital Spends $21 Mil on San Diego Area Retail Center
9/24/25
Brixton Capital has acquired Carmel Mountain Gateway Plaza from Triwell Properties Inc in an off-market transaction for $21.35 mil. The 44.2k sf ($483/sf), neighborhood shopping center marks Brixton’s fifth California retail ...
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• PGIM and Legacy Partners Buy 320-Unit San Gabriel Valley Res Community in $92 Mil Deal
9/24/25
University Village, a 320-unit multifamily community in Azusa, was acquired by a co-venture between PGIM and Legacy Partners. The price was $92 mil, or $287.5k/unit. The property, located at 801 E. Alosta Ave, was delivered ...
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• San Diego Area Medical Office Building Trades for $669/sf
9/22/25
An 8k sf, Class B medical office building in Kearny Mesa traded hands for $5.35 mil, or $669/sf. The property is located at 8623 Spectrum Center Blvd, north of Balboa Ave and adjacent to the east side of Hwy 163. The single-...
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• Uncommon Developers Secures Entitlements for 1 msf Distribution Facility in Apple Valley
9/22/25
Apple Valley AV One Million Distribution, a planned, state-of-the-art distribution in Apple Valley, CA, has been fully entitled with pre-leasing now underway. The facility represents the first phase in a 550-acre, master-plan...
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• Kilroy Realty Corp Buys Beverly Hills Office Building in $205 Mil Deal
9/19/25
Kilroy Realty Corporation has purchased Maple Plaza, a 290k sf, Class A office property in Beverly Hills, for $205.3 mil, or $707/sf. The property was sold by Tishman Speyer and is the third in a trio of similar dispositions ...
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• Two Multifamily Trades in Garden Grove Total $17.3 Mil
9/19/25
Two Garden Grove multifamily properties totaling 48 units sold in deals with a combined price of $17.36 mil. Both assets had never been offered for sale before, underscoring the rarity of generational ownership transfers in t...
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• West Covina Multifamily Property Sells for $347k/Unit
9/17/25
Cambridge Apartments, a 76-unit multifamily property in West Covina, traded in a recent $26.35 mil ($347k/unit). The property sits on a 5.5-acre lot at 2601 East Valley Blvd, north of Hwy 60 and just west of Nogales St. The ...
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