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May 12, 2026
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SOUTHERN CALIFORNIA NEWS
Archive
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• Cerritos Office Property Lands New Owner in $10 Mil Transaction
10/28/25
An 80.8k sf office property in Cerritos sold for $10.1 mil, or $125/sf. SCAN Health Plan will occupy the two-story building, situated on a 4.6-acre site at 12898 Towne Center Dr, just off the 91 Fwy. Built in 1993, as part o...
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• Retail Center in Western San Fernando Valley Fetches Nearly $1,000/sf
10/28/25
A 9.1k sf, multitenant retail center in the western San Fernando Valley community of Chatsworth traded for $8.65 mil, or $950/sf. The deal closed at a 5.19% cap rate. Built in 1997, the neighborhood center sits on a 30.3k sf...
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• Retail Center in Western San Fernando Valley Fetches Nearly $1,000/sf
10/28/25
A 9.1k sf, multitenant retail center in the western San Fernando Valley community of Chatsworth traded for $8.65 mil, or $950/sf. The deal closed at a 5.19% cap rate. Built in 1997, the neighborhood center sits on a 30.3k sf...
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• Recently Built Thousand Oaks Multifamily Community Acquired by Blackrock-Managed Entity
10/27/25
Santal Thousand Oaks, a best-in-class, 142-unit mid-rise multifamily property located in Thousand Oaks, was acquired by an account managed by BlackRock. It was sold by The Latigo Group. Located at 299 Thousand Oaks Blvd, San...
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• Inland Empire Office Asset Goes for $194/sf
10/27/25
Stewart Plaza, a 46.5k sf office property in the Inland Empire city of Upland, was acquired by a partnership between a local investor and a medical group in a $9 mil ($194/sf) deal. The property is located at 440 North Mounta...
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• Blue Note Entertainment Group Opens Famous Jazz Club in Hollywood
10/24/25
Blue Note Entertainment Group has opened an 8.6k sf jazz club at The Dome Entertainment Center in Hollywood, which is home to the world-famous Cinerama Dome. The club, located at 6372 Sunset Blvd, features an A-room for the h...
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• Sprouts Farmers Market Inks Lease for Anchor Space at Inland Empire Retail Center
10/23/25
Sprouts Farmers Market has signed a new 15-year lease for a 23.3k sf anchor space at Jurupa Valley Spectrum shopping center in Jurupa Valley. The center is located at 8032 Limonite Ave, east of Van Buren Blvd. The new Spro...
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• Bakersfield Multifamily Property Trades in $34 Mil Transaction
10/22/25
In a central California multifamily buy, Willow Grove Apartments, a 158-unit community located at 3400 Coffee Rd in Modesto, traded hands in a $34.6 mil ($219k/unit) transaction. The seller, a privately held real estate inves...
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• Corona Manufacturing Facility Sells for $327/sf
10/22/25
In a recent Inland Empire trade, LBGD Investment Group LLC purchased a 25.9k sf manufacturing facility in Corona for $8.475 mil ($327/sf) as part of a larger 1031 Exchange requirement. The property is located at 2900 Palisade...
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• FlightWave Aerospace Systems Leases 51k sf Torrance Space
10/21/25
FlightWave Aerospace Systems, a subsidiary of Red Cat Holdings, agreed to a five-year, $5.4 mil lease of a 51k sf ($1.76/sf/mo) creative industrial property in Torrance. Located at 2660 Columbia St, the property offers Flight...
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• Illumination Health + Home Starts Work on Santa Ana Campus for Homeless Individuals
10/21/25
Illumination Health + Home has begun construction of the Richard Lehn Intergenerational Campus in Santa Ana. The campus will be the first of its kind in Orange County and is slated to play a pivotal role in addressing homeles...
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• Newly Built Shake Shack in Oxnard Sells for $2,200/sf
10/20/25
A 3.3k sf, newly constructed, single-tenant Shake Shack drive-thru in Oxnard traded hands for $7.24 mil, or $2,194/sf. The property, built in 2025, sits on just over one-acre at 711 Town Center Dr, at the intersection with Ox...
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• Sharp HealthCare Buys 85k sf Carlsbad Building in $31 Mil Deal
10/17/25
Sharp HealthCare recently picked up a three-story, 85k sf office building in Carlsbad for $31 mil ($365/sf). The property is located at 1265 Laurel Tree Lane, east of Aviara Pkwy and just south of Palomar Airport Rd. It offer...
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• Bridge Investment Group and Ethos Real Estate Buy 203-Unit Multifamily Asset in Central San Diego
10/16/25
A partnership between Bridge Investment Group and Ethos Real Estate acquired Palmilla, a 203-unit apartment community in central San Diego. The garden-style community is located at 5474 Reservoir Dr, in San Diego’s College ar...
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• Irvine Medical Office Property Goes for Over $16 Mil
10/15/25
Creek Medical Buildings, a three-building, 43.4k sf medical office property in Irvine, traded hands in a recent $16.25 mil ($375/sf) deal. The property is located at 37, 39 and 41 Creek Rd, west of Jeffrey Rd and south of Bar...
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• Fitness 19-Anchored Retail Asset in Temecula Trades for Just Under $10 Mil
10/15/25
A 30k sf property occupied by Fitness 19 along with three in-line shops in Temecula sold for $9.8 mil ($327/sf). The asset is within Butterfield Station, an 8.85-acre, 70.5k sf retail center anchored by Smart & Final situated...
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• Newport Beach 7-Eleven Sells for $1,400/sf
10/15/25
A 3.7k sf 7-Eleven in Newport Beach sold for $5.24 mil ($1,416/sf). The asset was acquired by a CA-based private investor and sold by a CA-based family trust. Situated on the famous Balboa Peninsula just south of Pacific Co...
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• Newly Built 436k sf Inland Empire Distribution Property Trades
10/15/25
A 436.4k sf, state-of-the-art newly constructed Class A distribution center in Fontana traded hands. It was sold by REDA and a commingled fund managed by Clarion Partners. The building is leased long term to Cencora (formerl...
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• Realterm and J.P. Morgan Asset Management Joint Venture Acquires Seven-Property National Industrial Outdoor Storage Portfolio
10/14/25
A joint venture partnership between Realterm and institutional investors advised by J.P. Morgan Asset Management acquired a seven-property, national industrial outdoor storage (IOS) portfolio strategically located across key ...
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• Invivoscribe Inks Renewal for 52k sf San Diego HQ Lease
10/14/25
Invivoscribe, a global biotechnology company dedicated to improving the standardization of diagnostics and accelerating precision medicine, renewed its U.S. HQ lease for 52.5k sf of specialized life sciences and office space ...
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