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December 12, 2025
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SOUTHERN CALIFORNIA NEWS
Archive
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• Montclair Restaurant Building Sells for $400/sf
1/03/25
A 6.2k sf, fully built-out restaurant property in Montclair sold for $2.5 mil, or $403/sf. The structure, located at 9345 Monte Vista Ave, was previously occupied by a Red Lobster restaurant that closed earlier this year. T...
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• Construction Topped Out on 265-Unit Res Project in Gardena
1/02/25
Cityview and Stockbridge have topped out on Apollo, a 265-unit community in Los Angeles’ South Bay. The eight-story development’s wood framing is now complete, with the project on schedule to complete in 2025. Apollo is loc...
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• Oceanside Development Parcel Sells for $5.2 Mil
1/02/25
A 2.71-acre land parcel in Oceanside sold for $5.2 mil. The property is located at the northwest corner of Jones Road and Benet Road in Oceanside. The buyer, North County Transit District (NCTD), a San Diego public transpor...
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• Ambulance Service Leases 41k sf Industrial Facility in Sylmar
12/30/24
PRN Ambulance signed a long-term lease for a 41.5k sf industrial building in Sylmar. Terms of the deal were not disclosed. The building is located at 12840 Bradley Ave, off Polk St between I-5 and I-210. Built in 1969 and re...
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• San Diego Modular Affordable Housing Project Lands $112 Mil in Financing
12/30/24
Impact Housing and Verbena Road Holdings have obtained $112.225 mil in financing for the development of Mission Gorge, a modular, affordable housing multifamily development in San Diego. The financing consists of an $85.225 m...
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• Cityview Buys 112-Unit Res Property in Hollywood
12/27/24
Cityview has acquired Candela, a 112-unit value-add res property nestled in the Hollywood Hills and Franklin Village neighborhood of Los Angeles. The three- and four-story multifamily project features spacious one- and two-be...
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• Envision / Faring Venture Pays $90 Mil for Beverly Hills Office Building
12/24/24
A 133k sf office building in Beverly Hills traded hands in a $90 mil transaction that works out to $675/sf. The property, located at 9242 Beverly Blvd, at the intersection of Beverly and Santa Monica Blvds, was acquired by a ...
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• TA Realty Buys 193k sf Inland Empire Industrial Facility
12/24/24
Slover & Elm Commerce Center, a 192.8k sf industrial facility in Fontana, was acquired by TA Realty. Built in 2022, the Class A building is located at 15521 Slover Ave, east of I-15 on the south side of I-10. The building is...
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• Brookfield Properties Awards Leasing Assignment for DTLA Mixed-Use Campus to Colliers
12/23/24
Brookfield Properties has awarded the leasing assignment for California Market Center (CMC), the 1.9 msf hub for creative office and mixed-use space in Downtown Los Angeles, to Colliers. The unique asset is located at 110 E. ...
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• Oceanside Apartment Portfolio Sells in Four Deals Totaling $14.5 Mil
12/23/24
A 27-unit multifamily portfolio in Oceanside has sold in multiple transactions totaling $14.5 mil. The portfolio consists of five parcels that were sold in four transactions to separate buyers. The properties are located at...
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• West Hollywood Apartment Property Trades for $252k/Unit
12/20/24
A 40-unit multifamily property in West Hollywood traded for $10.1 mil, which works out to $252k per unit and $397/sf. The property, located at 1260 Hayworth Ave, was acquired by Festival Companies. Nestled between Sunset Blv...
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• Work Started on $268 Mil College of the Desert’s Palm Springs Campus
12/18/24
Construction has broken ground on the new College of the Desert (COD) Palm Springs campus. The $268 mil, 175k sf project will provide cutting-edge facilities for learning, collaboration, and innovation, while setting new stan...
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• Chula Vista Office Building Trades in $29.5 Mil Deal
12/17/24
In a recent office property sale in San Diego County, The Plaza at Eastlake, a 132.7k sf, Class A building in Chula Vista, sold for $29.5 mil, or $222/sf. The property was 94% occupied at the time of the sale. The structure,...
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• Anaheim Industrial Building Gets New Owner in $6.8 Mil Transaction
12/17/24
A 26.6k sf industrial building in Anaheim sold for $6.84 mil, or $257/sf. The multi-tenant facility is located at 1441 N. Red Gum St, in the North Orange County/Anaheim Canyon industrial submarket. At the time of sale, this ...
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• Western National Group-Led Venture Buys 158-Unit Res Community in Riverside
12/17/24
Western National Group has purchased Vista Imperio, a 158-unit garden-style multifamily community in Riverside, in a joint venture partnership with Sagard Real Estate, ArrowMark Partners and WNG. The price was not disclosed. ...
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• Industrial Building in Phoenix’s Sky Harbor Airport Submarket Sells for $234/sf
12/17/24
A 33.3k sf, freestanding industrial building in Phoenix’s highly desired Sky Harbor Airport submarket traded for $7.8 mil ($234/sf). The single-tenant asset, located at 4750 South 32nd St, is currently 100% leased to BMWC Con...
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• Colliers Awarded Leasing Assignment for 546k sf Symphony Towers in Downtown San Diego
12/16/24
The leasing assignment for Symphony Towers in the historic Financial District of Downtown San Diego has been awarded to Colliers. Chris High, Steve Bruce and Conor Evans with Colliers will lead the marketing efforts for the p...
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• BKM Capital Partners Executes $550 Mil Recapitalization with Kayne Anderson Real Estate for Multi-State Light Industrial Portfolio
12/16/24
BKM Capital Partners completed a $550 mil recapitalization of a nine-property light industrial portfolio with Kayne Anderson Real Estate. This transaction marks the first entry into the light industrial sector for Kayne Ander...
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• Steel Peak Spends $2.6 Mil on San Diego Industrial Outdoor Storage Property
12/13/24
Steel Peak has acquired an industrial outdoor storage (IOS) property in San Diego for $2.62 mil. The property, located at 6975 Camino Maquiladora, consists of a 6.2k sf industrial building and expansive concrete fenced yard o...
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• Creative Office Building in El Segundo Sells for Over $500/sf
12/13/24
A 17k sf creative office building in El Segundo traded hands in a recent $9.2 mil ($541/sf) deal. The property, located at 1600 Franklin Ave, includes 39 parking stalls. Originally constructed in 1955 and later renovated by ...
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