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September 14, 2026
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SOUTHERN CALIFORNIA NEWS
Archive
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• Oceanwide Plaza in DTLA May Have a Buyer for $470 Mil
2/24/26
It appears that KPC Development Company, a Riverside-based developer led by Kali P. Chaudhuri, is likely to be named as buyer of the stalled Oceanwide Plaza development in downtown Los Angeles. KPC, in a venture with Lendleas...
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• Bedrock Machinery Buys Six-Acre Site in the City of Orange
2/24/26
Bedrock Machinery acquired a six-acre land parcel in the city of Orange. The property is located at 500 West Collins Ave, south of Katella Ave and east of the 57 Fwy. The site features a 17k sf, two story office building and...
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• The Covington Group Lands $33.8 Mil in Construction Money for Hesperia Industrial Project
2/23/26
The Covington Group has obtained $33.8 mil in construction financing for a 428.2k sf, single-tenant industrial facility in Hesperia. The to-be-built, Class A project is being constructed for Pixior Group, an owner/user. The ...
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• Pathfinder Partners Spends $31.6 Mil for San Diego Res Community
2/20/26
Pathfinder Partners has purchased San Carlos Village, a 160-unit multifamily community in San Diego, for $31.6 mil, or $197.5k/unit, in an off-market deal. The acquisition was financed with a new loan for $18.6 mil. Original...
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• Comstock Partners Lines Up $50 Mil in Financing for City of Commerce Mixed-Use Project
2/20/26
Comstock Realty Partners has obtained a $50 mil senior loan for Modelo, a 13.8-acre, master-planned mixed-use site in the southern portion of the City of Commerce, in Los Angeles County. The property is located at 6364 Zinde...
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• Recently Rebranded South OC Retail Center Being Offered for Sale at $29.7 Mil
2/19/26
In news of a significant SoCal retail investment opportunity, we’ve learned that Burnham USA Equities has listed for sale LOCAL, a newly renovated and rebranded 46.2k sf lifestyle retail center in Mission Viejo. The property,...
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• Step Up Housing Pays $75 Mil for Multifamily Property in Santa Maria
2/19/26
Step Up Housing has acquired Hancock Terrace, a 272-unit multifamily property in Santa Maria, CA in a $75 mil transaction. Sack Capital Partners and Align Finance Partners provided structured financing for the acquisition. T...
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• Jensen Infrastructure Spends $46 Mil on 100-Acre Lancaster Site for New Manufacturing Facility
2/19/26
Jensen Infrastructure has acquired a 100-acre site located at the northeast corner of 30th St and Avenue G in Lancaster from Northpoint for $46 mil. Jensen, previously known as Jensen Precast, is a leading provider of constru...
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• Industrial Property in Chino Sells for $157/sf
2/18/26
A Los Angeles-based 1031 exchange buyer paid $7.24 mil for a 46.2k sf industrial property in Indio. The structure sits on 2.10 acres at 82309 Market St. The building includes 38.1k sf of warehouse space and 8.1k sf of office...
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• Retail Center in San Diego’s Gaslamp Quarter Recapitalized with $19 Mil in Financing
2/18/26
HP Investors has obtained $19 mil in recapitalization financing for Gaslamp Square, a retail property located at 402 5th Ave in San Diego. The 54.9k sf asset comprises retail condominiums paired with a 243-stall subterranean ...
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• San Diego Seniors Affordable Housing Community Trades for $373k/Unit
2/17/26
Lakeshore Villa Apartments, a 126-unit senior affordable community in San Diego, traded hands in a $47 mil ($373k/unit) transaction. The asset, located at 6888 Golfcrest Dr, was sold by Arka Properties and Black Equities. La...
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• Trademark Venues Pays Over $3 Mil for Vista Building
2/17/26
Trademark Venues, an event venue company, paid $3.1 mil for a 9.3k sf, ($333/sf) freestanding industrial building in Vista. The property is located at 1210 Distribution Way, north of Sycamore Ave and east of Melrose Dr. Trad...
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• Santee Multifamily Property Traded in $26.5 Mil Transaction
2/17/26
La Roca Plaza, a 100-unit multifamily property in Santee, sold for $26.5 mil, or $265k/unit. The property, located at 10032 North Magnolia Ave, was acquired by Casa La Roca Apartments LLC. Situated on 4.62 acres, La Roca Pla...
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• Investors Trade 18-Unit San Diego Apartment Property
2/16/26
Signal Peak LLC picked up an 18-unit multifamily property in San Diego. Built in 1986, the property, Las Palmas, is located at 3864 35th St, just east of I-805 at University Ave. The price was not given out. The three-story ...
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• Affordable Multifamily Property in Mojave Goes for $55k/Unit
2/16/26
Pro Residential Services Inc paid $8.91 mil for Park Palace Apartments, a 162-unit ($55k/unit) affordable multifamily property in the city of Mojave. The asset, located at 16193 and 16197 H St, was sold by Park Palace One Apt...
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• Retail Center in North Hollywood Sells for Over $20 Mil
2/16/26
Embassy Plaza, a 70.1k sf, neighborhood retail center in North Hollywood, was purchased by an L.A.-based private investment entity in a $20.35 mil ($290/sf) deal. Embassy Plaza is strategically located at 6050-6140 Lankershi...
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• ASC Process Systems Leases 80k sf of Industrial Space in Valencia
2/13/26
ASC Process Systems inked a new 80.3k sf industrial lease at 28144 Witherspoon Parkway in Valencia. The facility, located at 28144 Witherspoon Pkwy, is owned by Westcore. ASC is a leading manufacturer of advanced composite p...
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• Golden Columbia Spends $103 Mil on Two Downtown San Diego Office Buildings
2/13/26
Golden Columbia, a real estate investment platform sponsored by GANMI Corporation, closed on the purchase of two San Diego office buildings for a combined $103.5 mil. The buildings have a combined 707.7k sf of space and trade...
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• Res Property in L.A.’s Hollywood Hills Area Sells for $145k/Unit
2/12/26
Claire Manor Apartments, a 34-unit multifamily property in Los Angeles, was acquired by a private investor in a $4.92 mil ($144.8k/unit) deal. The property is located at 2131 North Cahuenga Blvd, adjacent to the 101 Fwy in th...
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• County of Riverside Spends $53 Mil on Two Inland Empire Medical Office Buildings
2/12/26
Two fully leased, institutional-quality medical office buildings totaling 85.2k sf of space in Riverside County traded hands for a combined $53 mil. The properties, located at 8876 Mission Blvd in Jurupa Valley and 2813 S Mai...
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