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February 16, 2026
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SOUTHERN CALIFORNIA NEWS
Archive
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• Two Hollywood Multifamily Properties Trade in $23 Mil Worth of Deals
7/02/25
Two multifamily properties with a combined 68 units in Hollywood traded hands in separate deals totaling $23 mil. The properties -- Mansfield Terrace and Palms View – were both sold by Omninet. Located west of Highland Ave, ...
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• Historic 100-Year-Old Structure in South Pasadena Sells for $4.3 Mil
7/01/25
The Fremont Centre Theatre & Office Building, a 12.1k sf, multi-tenant commercial property in South Pasadena, has traded in a $4.34 mil ($359/sf) deal. Built in 1925, the fully occupied, two-story property is located at 1000 ...
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• JPI Picks Up 4.86-Acre Res Dev Site in Torrance for $40 Mil
7/01/25
JPI has purchased a shovel-ready, 4.86-acre multifamily development site in Torrance for $40 mil. The site, located adjacent to The Harbor-UCLA Medical Center at S. Vermont Ave near 220th St, was sold by CGI+, a Los Angeles-b...
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• New Amenity-Packed Res Development in Stanton Opens to the Public
6/30/25
Cloud House, a new, 321-unit residential community in the OC city of Stanton, has been completed and is welcoming residents. The project, located at 12345 Beach Blvd, north of the 22 Fwy, was developed by Bonanni Development ...
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• JRK Property Holdings Acquires Multifamily Assets in Los Angeles and Washington, DC in Deals Totaling $315 Mil
6/27/25
JRK Property Holdings has acquired apartment communities with a combined 684 units in Los Angeles and Washington, DC in separate transactions totaling roughly $315 mil. The deals included Chase Knolls, a 401-unit garden-sty...
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• Agoura Hills Office Asset Trades Hands
6/27/25
A private investor has acquired Agoura Hills Business Park, a two-building office campus totaling 116.3k sf in Agoura Hills. The property is located at 30401 and 30501 Agoura Hills Rd, adjacent to the Ventura Fwy in the Conej...
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• CenterPoint Properties Spends $80 Mil on San Diego Area Distribution Property
6/27/25
CenterPoint Properties purchased a 202.5k sf, Class A warehouse and distribution center in San Diego’s Kearny Mesa submarket for $80.05 mil ($395/sf). The property is located at 4400 and 4450 Ruffin Rd, west of I-15 and just ...
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• Juniper Ridge Partners Buys38k sf San Diego Mixed-Use Property in $10.5 Mil Deal
6/26/25
In a San Diego commercial real estate trade, Juniper Ridge Partners bought Bay Bridge Center, a 38.3k sf, mixed-use flex property for $10.45 mil ($273/sf). The property is located at located at 1943–1995 Main St, just west of...
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• New JLL Property Management Team Awarded Management Assignment for 100-Acre OC Entertainment Development
6/26/25
JLL Property Management has been selected to manage OCVIBE — a 100-acre, immersive, next-generation entertainment district in the heart of Anaheim. JLL’s newly formed mixed-use management team, The Mixx, led by its Senior Gen...
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• San Bernardino City Unified School District Starts Work on 17k sf James Ramos Center for Public Safety
6/25/25
San Bernardino City Unified School District (SBCUSD) has broken ground on the $20 mil James Ramos Center for Public Safety. The 17.1k sf facility will house the District’s Police Department, Office of Emergency Management and...
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• Thousand Oaks Res Project Lands $182 Mil in Financing
6/25/25
The Latigo Group has obtained $182 mil in construction financing and joint venture equity to capitalize the development of Hillcrest Apartments, a 333-unit multifamily development located directly across from Amgen’s headquar...
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• A Production and Event Property in North Hollywood Hits the Market for $15 Mil
6/24/25
A 10k sf, turnkey production and event venue in L.A.’s vibrant NoHo Arts District has been listed for sale. The two-story property, fully renovated in 2022 and 2024, is located at 5535 Lankershim Blvd. It features three profe...
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• MG Properties Purchases 314-Unit OC Res Community in $144 Mil Deal
6/24/25
MG Properties has acquired Citron Apartments, a recently completed 314-unit res community in Anaheim, for $144 mil, or $458.6k/unit. The property, located at 901 E. South St, south of the 91 Fwy and midway between I-5 and th...
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• Glendale Apartment Sale Closes at Around $200k/Unit
6/24/25
An eight-unit multifamily property located at 420 West Adams St in Glendale, CA traded for $1.625 mil, or about $203k per unit. We’ve been told that the deal came in at the lowest cap rate recorded for an apartment transactio...
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• Single-Tenant 7-Eleven Asset in Chino Sells for Over $7 Mil
6/20/25
A private investor paid $7.05 mil for a newly constructed, 5.6k sf single-tenant property in The Preserve master-planned community in Chino. The property is occupied by a 7-Eleven convenience store featuring a Laredo Taco Com...
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• San Fernando Valley Retail Property Sells for Over $600/sf
6/20/25
An 18.3k sf, two-tenant retail property in the central San Fernando Valley community of Van Nuys sold for $11.39 mil ($622/sf). Built in 1995, the property sits on 1.2 acres at 14434-14480 Sherman Way. The property comprises...
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• Amanecer Community Counseling Service Inks Expansion/Renewal Lease for 29k sf of Office Space in Downtown Los Angeles
6/19/25
Amanecer Community Counseling Service has signed a long-term expansion/renewal lease for 29.2k sf at 1200 Wilshire Blvd in the City West neighborhood of downtown Los Angeles. With this new agreement, the nonprofit will occupy...
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• First Phase of Bakersfield Res Development Lands $61 Mil in Construction Financing
6/18/25
Presidio Capital Partners has obtained a $61 mil construction loan to finance the first phase of Park Center at Seven Oaks, a planned 520-unit multifamily community in Bakersfield. Upon completion, it will be the largest mult...
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• Private Investor Pays $5.7 Mil for Pomona AutoZone Mega Hub
6/18/25
A 30k sf single-tenant, NNN-leased AutoZone Mega Hub in Pomona sold for $5.7 mil. The property, located at 601 E. Holt Ave, south of I-10 and east of Towne Ave, was acquired as part of a 1031 exchange transaction. The Pomona...
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• Huntington Beach Multifamily Property Sells for Over $400k/Unit
6/18/25
Yorktown Apartments, an 18-unit multifamily property in Huntington Beach, was purchased by a private investor from nearby Newport Beach in a $7.4 mil ($411k/unit) deal. This was the first time on the market in over 30 years f...
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