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May 20, 2026
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SOUTHERN CALIFORNIA NEWS
Archive
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• Canvas Worldwide Leases 68k sf El Segundo Office Space
10/13/25
Canvas Worldwide recently agreed to a new lease for 68.3k sf of office space in El Segundo. The deal, a relocation from its existing 36k sf space nearby in Playa Vista, is at 2330 Utah Ave, north of Rosecrans Ave between Sepu...
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• Cityview to Develop 489-Unit Mixed-Use Project in Los Angeles’ Westchester Neighborhood
10/10/25
Cityview plans to develop a highly amenitized, mixed-use project featuring 489 units of multifamily housing and 16.1k sf of ground-floor retail in the heart of L.A.’s Westchester neighborhood. Located at 6136 West Manchester ...
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• Two Bakersfield Office Buildings Trade in $4.7 Mil Deal
10/10/25
Mohawk Office Center, two fully leased office buildings totaling 26.6k sf in Bakersfield, traded hands in a $4.7 mil ($177/sf) transaction. The buildings are located at 1100 Mohawk Ave and 5555 Truxtun Ave, just south of Hwy ...
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• Drawbridge Realty Acquires 190k sf Costa Mesa Office Campus
10/10/25
Drawbridge Realty acquired The HIVE, a 190k sf, three-building Class A office campus in Costa Mesa. The property, located at 3333-3337 South Susan St in the city’s Greater Airport submarket, was sold by Invesco Real Estate. T...
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• San Bernardino Valley College Breaks Ground on New 100k sf Student Services Building
10/09/25
San Bernardino Valley College (SBVC) has started work on its new Student Services Building. The $94 mil project will act as a one-stop resource center for all student needs and is being built as the college celebrates its 100...
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• Planned Affordable Housing Project in L.A.’s Westchester Neighborhood Lands $31 Mil in Financing
10/09/25
Six Peak Capital has obtained $31.3 mil in senior debt money for the development of a 116-unit 100% affordable housing project located at 9033 Ramsgate in the Westchester neighborhood of Los Angeles. The financing was arrange...
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• Optimus Properties Buys 22k sf LA Retail Asset
10/07/25
LA-based Optimus Properties LLC has acquired Echo Park Village, a 21.9k sf retail property located at 301–343 Glendale Blvd in Los Angeles. The property is located along Glendale Blvd, a main thoroughfare, and at the corner o...
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• Historic Building in L.A.’s Westwood Village Sells for $32.7 Mil
10/06/25
Holmby Hall, a landmark 50.8k sf property in Los Angeles’ Westwood Village area, was purchased for $32.675 mil ($643/sf) by a legacy buyer committed to preserving the building’s historic character. Built in 1929, the property...
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• Bridge Housing Wraps Up Work on $30 Mil Affordable Housing Project in San Diego
10/03/25
Bridge Housing has completed work on Kettner Crossing, a $30 mil, affordable housing complex in downtown San Diego. The urban infill project will provide 64 units to seniors that earn between 30-60% of Area Median Income (AMI...
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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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