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• Westport Properties Spends $8 Mil on 2.27-Acre Redevelopment Site in Covina
3/10/25
Westport Properties Inc paid $8 mil for a 2.27-acre redevelopment site in the San Gabriel Valley city of Covina. The deal works out to $3.52 mil per acre.
Westport plans to develop a modern four-story, self-storage facility ...
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• Lehi Property Development Buys 68-Acre Site in Oceanside
3/10/25
Lehi Property Development LLC purchased 68.3 acres at 3231 Oceanside Blvd in Oceanside for $18 mil. The site has operated as a nursery for over two decades. Although the site is an active nursery, it is currently zoned for in...
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• Apartment Property in Lawndale Goes for $319k/Unit
3/07/25
A 10-unit multifamily property in Lawndale sold for $3.19 mil, or $319k/unit. The property, located at 14530 Freeman Ave, south of Rosecrans Ave and east of Hawthorne Blvd, was purchased by a private investor.
This townhous...
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• Torrance Retail Building Sells for Over $300/sf
3/07/25
An 11.3k sf retail building in Torrance sold for $3.575 mil, or $317/sf. The property is located at 23112 Hawthorne Blvd, north of Hwy 1.
The freestanding building occupies a prime location near Del Amo Fashion Center and To...
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• Four California Quick Quack Car Wash Ground Lease Sales Total $12.6 Mil
3/06/25
There have been four recent California Quick Quack Car Wash ground lease sales in deals totaling just over $12.6 mil. The assets are located in the cities of La Quinta, Calexico, Imperial, and Redding. All of the assets had 2...
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• Multifamily Property in San Diego’s South Mission Beach Neighborhood Trades for $575k/Unit
3/06/25
The Mariner, a 16-unit beachfront multifamily complex located at 2801 Ocean Front Walk in San Diego’s South Mission Beach neighborhood, was traded in a $9.2 mil ($575k/unit) transaction. Constructed in 1962 by the seller’s fa...
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• San Diego Area Industrial Facility Sells for $433/sf
3/06/25
A 17.1k sf, freestanding industrial building in San Diego’s Miramar area traded for $7.4 mil ($433/sf). The property is located at 6130 Nancy Ridge Dr, east of I-805 and north of Miramar Rd.
The buyer was Heritage Global Pa...
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• Encinitas Coastal Retail Property Sells for $10 Mil
3/05/25
The Lofts at Moonlight Beach, a 12.2k sf retail property in Encinitas, traded hands for $10.05 mil, or $824/sf.
The property is located at 90 North Coast Hwy 101, st the intersection of Encinitas Blvd and Coast Hwy 101. It ...
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• Hines Breaks Ground on 139k sf OC Industrial Project
3/04/25
Hines has broken ground on a new Class A, 139.5k sf industrial development in Anaheim. The project, located at 701 E. Ball Rd, is currently being marketed for sale or for lease. It is expected to attract a wide range of tenan...
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• Dedeaux Properties Secures Certificates of Occupancy on 850k sf of Inland Empire Industrial Developments
3/04/25
Dedeaux Properties has received Certificates of Occupancy on five recently completed industrial developments in Southern California totaling approximately 850k sf of space.
The projects include a 167k sf warehouse in Ontario...
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• Bodybuilding Gym Leases New Location in Torrance
3/03/25
Athlos Iron Lair inked a five-year lease for a 10.4k sf gym space in Torrance. The space is within a free-standing, 27.6k sf building located at 22715 Hawthorne Blvd, south of Sepulveda Blvd.
The building offers ample parkin...
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• Torrance Flex/R&D Facility Trades in $21 Mil Deal
2/28/25
Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management have acquired an 83k sf, flex/R&D building on over 4.5 acres in L.A.’s South Bay area. The property, located at 3401 Del Amo, just east ...
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• Bascom Group Closes $127 Mil Purchase of Rancho Palos Verdes Res Community
2/28/25
The Bascom Group LLC has acquired Highridge Apartments, a 257-unit, value-add apartment community in the highly desirable SoCal coastal city of Ranchos Palos Verdes, in a $127 mil ($494k/unit) transaction. The property is loc...
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• CBRE Team Takes Over Property Management and Leasing of 761k sf SoCal Shopping Center
2/27/25
CBRE has been awarded the property management and leasing assignment for Imperial Valley Mall, a 761.3k sf retail shopping center in El Centro, CA. The new owners also acquired 65 acres of adjacent developable land through an...
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• Paso Robles Build-to-Rent Development Lands $116 Mil Refinancing
2/27/25
Adam Tancredi has obtained a $116.2 mil refi loan for the development of 214 build-for-rent homes located on 17 acres of land at 3138 Linne Road in Paso Robles, CA. The loan refinanced the existing acquisition debt, facilitat...
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• Mangan Inc Agrees to Lease for 37k sf of Office Space in Long Beach
2/26/25
Mangan Inc agreed to a lease for 37k sf of office space at Aero Long Beach, a six-building 957.7k sf office campus located at 3750-3900 Kilroy Airport Way in Long Beach. Terms of the deal were not given out.
Mangan is a lead...
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• Full City Block in L.A.’s Affluent Beverly Grove Area Offered for Sale
2/25/25
In a notable listing we thought some of you might be interested in, The Block on Beverly, a full city block in the heart of Beverly Grove, one of Los Angeles’ most sought-after and affluent neighborhoods, is being offered for...
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• North Hollywood Industrial Building Purchased by Owner/User in $9.8 Mil Deal
2/25/25
A 30k sf industrial building in North Hollywood sold for $9.79 mil, or $326/sf. The property is located at 13030 Raymer St, west of Coldwater Canyon Ave and north of Sherman Way.
The buyer was Tiptop Restoration Inc, who wil...
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• OC Office Asset Trades in $37.6 Mil Deal
2/25/25
Pacific Tree Capital, an OC-based private investment entity, paid $37.6 mil for 2525 Main Street, a 143.3k sf office property on 3.73 acres in Irvine. The Orange County Airport Area property was nearly 98% leased to nine tena...
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• Toll Brothers Picks Up 119 Single-Family Dev Lots in Palm Springs Master-Planned Community
2/25/25
Toll Brothers has acquired 119 single family lots on 19.75 acres within Escena Palm Springs, a master-planned community SunCal in Palm Springs. This transaction marks the latest collaboration between SunCal and Toll Brothers,...
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