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• Retail Condo Asset in West Hollywood Fetches Over $1,200/sf
6/17/25
The Shops at Hancock Lofts, a 10.5k sf retail condo property in West Hollywood, traded for $13 mil, or $1,238/sf. The property is located at 8759, 8761, and 8763 Santa Monica Blvd, just west of La Cienega Blvd.
The Shops at...
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• Freestanding Retail Building in Newport Beach Sells for $1,692/sf
6/17/25
An unnamed local investor paid $2.2 mil ($1,692/sf) for a freestanding, 1.3k sf mixed-use/retail building situated within Balboa Island’s iconic shopping district in Newport Beach. Located at 323 Marine Ave, the Southern Cali...
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• CapRock Partners Leases Four Buildings at Its New 2 msf Industrial Development in Norco
6/16/25
There have been four new lease signings at Palomino Ranch Business Park, a state-of-the-art, 2 msf Class A industrial development in Norco. The full building deals total roughly 262k sf of space at the new campus, a developme...
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• Sprouts Farmers Market Takes Former 99 Cents Only Store Space in Santa Ana
6/16/25
Sprouts Farmers Market inked a lease for 25.9k sf of space at Bristol Warner Village, an 80.9k sf center in Santa Ana. The project, located at 2311 South Bristol St, on the Southeast corner of Bristol St and Warner Ave, is ow...
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• La Palma Office Building Acquired for Just Over $6 Mil by Owner/User
6/13/25
A local owner-user paid $6.025 mil for a 21.2k sf ($284/sf) office property in La Palma. The asset, located at 22 Centerpointe Dr, just west of Valley View St, was sold by an institutional joint venture.
The low-rise office ...
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• Tova Capital and Shopton Capital Spend $5.5 Mil on Santa Monica Retail Building
6/13/25
Tova Capital Inc, in a joint venture with Shopton Capital, has acquired a 7.5k sf, free-standing retail building in downtown Santa Monica for $5.5 mil, or $733/sf. At closing, the property was 40% leased to Commercial Bank of...
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• Investor Pays $320/sf for Newhall Retail Property
6/12/25
Wayman Court Shopping Center, a 31.7k sf shopping center in Newhall, sold for $10.15 mil, or $320/sf. The asset, located at 23120 and 23130 Lyons Ave, was acquired by Dar Properties of Santa Clarita LLC.
Wayman Court Shoppin...
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• Vestar Awarded Management Assignment for 600k sf SoCal Retail Portfolio
6/12/25
Nuveen Real Estate has awarded Vestar with the assignment to provide property management, strategic leasing oversight, marketing and construction management services for its newly acquired retail portfolio in Southern Califor...
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• CapRock Partners Recognized by NAIOP SoCal for San Gabriel Valley Warehouse Development
6/11/25
CapRock Partners received two awards from NAIOP SoCal for its recently completed West Valley Logistics development. The state-of-the-art warehouse won in both the Speculative Development of the Year and Sustainable Developmen...
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• Evoke Advisors Takes 24k sf of Office Space in Century City
6/11/25
Evoke Advisors leased 24.5k sf of space at 2121 Avenue of the Stars in Century City. The landlord is Irvine Management Company.
This lease marks a significant headquarters relocation for Evoke Advisors, one of the nation’s...
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• Pomona Retail Strip Center Goes for $12 Mil
6/11/25
A 49.9k sf retail strip property in Pomona was acquired by Cape Point for $12 mil, or $240/sf. The asset, situated on a 5.5-acre site at 3101 N. Garey Ave, at the intersection with East La Verne Ave, was sold by Optimus Prope...
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• Walls Tilted at 182k sf Inland Empire Industrial Project
6/10/25
In a development update out of the Inland Empire, the walls have been tilted at Colton Commerce Center, a four-building, 182.1k sf, Class A industrial park underway in Colton. The project is a development of HZI Partners, led...
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• Work Started on New 45k sf Innovation Hub at California State University, Fullerton
6/10/25
Construction has started on a new 45k sf Engineering & Computer Science (ECS) Innovation Hub on the California State University, Fullerton (CSUF) campus. The $54 mil project, located at 800 N State College Blvd in Fullerton, ...
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• Tesla Collision Center in Irvine Sells for $21 Mil
6/10/25
A private investor purchased a 35.6k sf industrial property fully occupied by a Tesla Collision Center in Irvine, for $21 mil ($590/sf). Tesla Inc has a 10-year, corporate-guaranteed triple net lease in place with options to ...
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• Gantry Leases 5k sf of Office Space in Irvine
6/09/25
Commercial mortgage banking firm Gantry has inked a new five-year lease for 5k sf of office space in Irvine. The deal is at the Atrium office campus, located at 19100-19200 Von Karman, just south of the 405 Fwy at Campus Dr.
...
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• Costa Mesa Apartment Property Sells for $661.5k/Unit
6/09/25
A 13-unit multifamily property in Costa Mesa traded hands in a recent $8.6 mil ($661.5k/unit) transaction. We’re told that this is the highest price per unit achieved for a multifamily property in Westside Costa Mesa over the...
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• Fontana Townhouse Res Property Sells for Over $400k/Unit
6/06/25
A 14-unit multifamily property in Fontana traded for $6.15 mil, or $439k/unit. Built in 2024, the property is located at 9223 Cypress Ave, east of I-15 between Foothill Blvd and I-10.
The property consists of all townhouse-s...
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• Playa Vista Creative Office Campus Trades for $150 Mil
6/06/25
Barings closed on the purchase of i|o at Playa Vista, a 306.8k sf, creative workplace campus in Playa Vista, on Los Angeles’ westside. The asset was sold by Clarion Partners in a $150.7 mil ($491/sf) transaction.
The two-bui...
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• Uncommon Developers Buys Downtown L.A. Office High-Rise in $210 Mil Transaction
6/05/25
In a downtown Los Angeles office trade, Uncommon Developers has purchased 601 South Figueroa Street, a 1.04 msf high-rise, for $210 mil, or $202/sf, in an off-market deal. We’re told this is the largest commercial sale in Los...
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• Bendetti Picks Up 72k sf Industrial Asset in Otay Mesa
6/05/25
Bendetti has acquired a 72.2k sf, industrial distribution building on just under four acres in San Diego’s Otay Mesa submarket. The price was not disclosed.
Located at 9605 Airway Rd, just north of the U.S./Mexico border, th...
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