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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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• Loma Linda University Children’s Hospital Leases Anchor Space at Fontana Retail Property
6/04/25
In Fontana, Loma Linda University Children’s Hospital (LLUCH) agreed to a 10-year lease for 8.4k sf of sub-anchor space at 16874 South Highland Rd, within the Sprouts-anchored Highland Village shopping center. The site is jus...
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• New Circle K Ground Lease Property in Coachella Sells for $763/sf
6/04/25
A newly constructed, 4.6k sf single-tenant property occupied by Circle K convenience store and gas station in Coachella sold for $3.51 mil ($763/sf). The Circle K, situated on a 1.26-acre pad at 50200 Cesar Chavez St, benefit...
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• Palisade Group Wraps Up $97 Mil Purchase in the City of Commerce
6/03/25
Palisade Group has purchased Garfield Business Center, a five-building, 544.7k sf industrial property in the City of Commerce, in a $97 mil ($178/sf) transaction. The property was acquired through a joint venture with vehicle...
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• MBK Rental Living Starts Construction on 330-Unit Res Project in Murrieta
6/03/25
MBK Rental Living has begun work on the apartments at Vintage Farms, an $80 mil residential village in the Inland Empire city of Murrieta. The village will contain 330 market-rate and luxury apartments spread across 11 buildi...
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• Costa Mesa Retail Center Lands New Owner in $25 Mil Deal
6/03/25
Asana Partners purchased Westport Plaza & Square, a 39.3k sf shopping center in Costa Mesa, for $25.7 mil, or $654/sf. The center is located at 369 E. 17th St and 1685 Tustin Ave, east of the 55 Fwy.
The property is 97% lea...
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• Long Beach Unified School District Starts Work on a Major Modernization of its Polytechnic High School
5/29/25
Long Beach Unified School District has broken ground on a $175 mil modernization project at its Polytechnic High School. The comprehensive project includes interim student housing, a new 65k sf Career and Technical Education ...
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• Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing
5/29/25
A Jamison Properties LP affiliate has landed $220 mil in new financing for Opus, a newly constructed 428-unit luxury apartment project in L.A.’s Koreatown neighborhood. The property, located at 3545 Wilshire Blvd, encompasses...
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• Recent Signings Total 85k sf at Office Tower in L.A.’s Miracle Mile District
5/28/25
We’ve learned that there has been over 85k sf of signed leases at 6300 Wilshire over the past six months. The transactions include six new tenant leases, as well as lease renewals with five existing tenants, two of which also...
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• McKinney Capital Lands New Financing of $6 Mil on Catalina Hotel Property
5/27/25
A McKinney Capital entity secured a $6 mil bridge loan one the Hermosa Hotel & Apartments on Southern California’s Catalina Island. The loan proceeds will retire existing debt at the century-old property, located at 131-171 M...
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• Hollywood Apartment Property Offered for Sale at $267/Unit
5/26/25
In news of an interesting multifamily listing in Hollywood, The Casa Palmera, a 60-unit property, has been put on the market with an asking price of $16 mil, or $267/unit. The property is located at 1843 N. Cherokee Ave, nort...
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• MSI Computers Corp Spends $65 Mil on LA Area Industrial Facility
5/23/25
MSI Computers Corp acquired a 200k sf industrial property in the City of Industry in a $65.2 mil ($326/sf) transaction. The property, located at 18045 Rowland St, north of Hwy 60 and east of Azusa Ave, was sold by LINK.
Bui...
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• Turner Healthcare Facilities Funds Completes New 11.5k sf Primary Care Facility in Costa Mesa
5/23/25
A new two-story, 11.5k sf primary care facility in Costa Mesa was recently completed and just celebrated its grand opening. The project was developed by the Turner Healthcare Facilities Funds (THFF) for Share Ourselves, a lea...
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• Newport Beach Office Property Trades for Over $750/sf
5/23/25
A 15.2k sf office property in Newport Beach traded for $11.5 mil, or $757/sf. The property is located at 1303 Avocado Ave, between MacArthur Blvd and Newport Center Dr.
The two-story building sits on a 0.38-acre lot within t...
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• CTK USA Inks Lease for 250k sf of Industrial Space in the Inland Empire
5/22/25
CTK USA, the U.S. subsidiary of Korea-based CTK, has agreed to a 250.4k sf, long-term industrial lease in the city of Ontario, within the Inland Empire West market. The property is at 3100 Hamner Ave, just south of the 60 Fwy...
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• OC Industrial Sale Works Out to $400/sf
5/22/25
In a recent OC industrial trade, a 7.5k sf high-image, warehouse property in Placentia sold for $3.05 mil ($407/sf). The asset sits on a corner lot at 1101 Richfield Rd, within Miraloma Business Center, a professionally manag...
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