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June 13, 2025
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SOUTHERN CALIFORNIA HEADLINES

 News

 Etc. Etc...
La Palma Office Building Acquired for Just Over $6 Mil by Owner/User
6/13/25
21k sf property fetches $284/sf

Tova Capital and Shopton Capital Spend $5.5 Mil on Santa Monica Retail Building
6/13/25
Well-located corner property trades for $733/sf



Investor Pays $320/sf for Newhall Retail Property
6/12/25
32k sf Wayman Court Shopping Center goes for just over $10 mil

Vestar Awarded Management Assignment for 600k sf SoCal Retail Portfolio
6/12/25
Five assets are owned by Nuveen Real Estate and are located in San Marcos, La Quinta, Santa Clarita, Wildomar and Oceanside



CapRock Partners Recognized by NAIOP SoCal for San Gabriel Valley Warehouse Development
6/11/25
270k sf West Valley Logistics project wins in the Speculative Development of the Year and Sustainable Development of the Year categories

Evoke Advisors Takes 24k sf of Office Space in Century City
6/11/25
Transaction represents an HQ move for the firm

Pomona Retail Strip Center Goes for $12 Mil
6/11/25
The site has been entitled for multifamily development

Walls Tilted at 182k sf Inland Empire Industrial Project
6/10/25
Four-building Colton Commerce Center is scheduled for completion in December 2025

Work Started on New 45k sf Innovation Hub at California State University, Fullerton
6/10/25
$54 mil project is being built by C.W. Driver Companies

Tesla Collision Center in Irvine Sells for $21 Mil
6/10/25
35k sf property goes for $590/sf

Gantry Leases 5k sf of Office Space in Irvine
6/09/25
Firm signs at 335k sf Atrium campus

Costa Mesa Apartment Property Sells for $661.5k/Unit
6/09/25
13-unit asset fetches $8.6 mil

Fontana Townhouse Res Property Sells for Over $400k/Unit
6/06/25
24-unit asset generated multiple offers and entered escrow in under two weeks

Playa Vista Creative Office Campus Trades for $150 Mil
6/06/25
Price of nearly $500/sf for i|o at Playa Vista property demonstrates growing investor interest in modern, highly-amenitized office assets

Uncommon Developers Buys Downtown L.A. Office High-Rise in $210 Mil Transaction
6/05/25
Purchase is of 1.04 msf 601 South Figueroa building

Bendetti Picks Up 72k sf Industrial Asset in Otay Mesa
6/05/25
Distribution facility is located just north of the U.S./Mexico border

Loma Linda University Children’s Hospital Leases Anchor Space at Fontana Retail Property
6/04/25
10-year deal is at Sprouts-anchored Highland Village shopping Center

New Circle K Ground Lease Property in Coachella Sells for $763/sf
6/04/25
4.6k sf single-tenant asset sold by Fountainhead Development

Palisade Group Wraps Up $97 Mil Purchase in the City of Commerce
6/03/25
Terreno Realty Corporation sells 545k sf Garfield Business Center

MBK Rental Living Starts Construction on 330-Unit Res Project in Murrieta
6/03/25
$80 mil Vintage Farms development is being built by R.D. Olson Construction

Costa Mesa Retail Center Lands New Owner in $25 Mil Deal
6/03/25
Asana Partners buys 39k sf Westport Plaza & Square

Long Beach Unified School District Starts Work on a Major Modernization of its Polytechnic High School
5/29/25
$175 mil project being done by C.W. Driver Companies

Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing
5/29/25
BWE arranges senior and mezzanine loans on 428-unit Opus for a Jamison Properties affiliate

Recent Signings Total 85k sf at Office Tower in L.A.’s Miracle Mile District
5/28/25
Latest deals at 6300 Wilshire Blvd include six new signings and five renewals

McKinney Capital Lands New Financing of $6 Mil on Catalina Hotel Property
5/27/25
Red Oak Capital Holdings provides bridge loan on the Hermosa Hotel & Apartments in Avalon

Hollywood Apartment Property Offered for Sale at $267/Unit
5/26/25
60-unit The Casa Palmera listed at $16 mil

MSI Computers Corp Spends $65 Mil on LA Area Industrial Facility
5/23/25
200k sf property is in the City of Industry

Turner Healthcare Facilities Funds Completes New 11.5k sf Primary Care Facility in Costa Mesa
5/23/25
Two-story building was developed for Share Ourselves

CTK USA Inks Lease for 250k sf of Industrial Space in the Inland Empire
5/22/25
Deal is at a facility within the Ontario Commerce Center

Newport Beach Office Property Trades for Over $750/sf
5/23/25
15k sf building is adjacent to Fashion Island

OC Industrial Sale Works Out to $400/sf
5/22/25
Deal is for a 7.5k sf warehouse property in Placentia

Encinitas Multifamily Undergoes Extensive Renovation that Includes the Addition of Two Accessory Dwelling Units
5/22/25
RAF Pacifica Group finishes significant improvements to 26-unit Seaside Commons

Work Completed on 2 msf Gaylord Pacific Resort and Convention Center Project in Chula Vista
5/20/25
$1.3 bil development is the largest hotel project in the U.S

BH Properties to Transform Mission Valley’s Hazard Center into a Modern Retail Destination
5/20/25
Revitalized and rebranded 135k sf property to be known as The Landing at HZRD

Grocery-Anchored Retail Center in the San Gabriel Valley Sells for $25 Mil
5/19/25
Deal for Grand Covina Plaza in Covina works out to $223/sf

HP Investors, in Partnership with Realm L.P., Invests in San Diego’s Office Market
5/16/25
Partnership spends $20 mil on 145k sf building in Mission Valley

Providence Real Estate Group Wraps Up $8.8 Mil Office Buy in San Diego
5/16/25
Deal is for 48k sf Bernardo Regency Centre

Unique 25-Acre Riverside County Estate Development Site Offered for Sale
5/15/25
Property is adjacent to Bighorn Golf Club, about 15 miles south of Palm Springs

Stauss Investments Spends $23 Mil on Carlsbad Office Property
5/15/25
Deal for 101k sf Wright Place building gives them 350k sf portfolio in the city

Former Santa Monica Sears Building Transformed into a Temporary Location for Palisades Charter High School
5/15/25
C.W. Driver Companies completes project for high school just three months after wildfire destroyed the school’s Pacific Palisades campus

Reliable Crane Service Inks $7.9 Mil Lease for 76k sf OC Industrial Facility
5/14/25
Freestanding Anaheim building sits on 5.5 acres

New Inland Empire Starbucks Drive-Thru Building Sells for $3,071/sf
5/13/25
Riverside single-tenant asset trades for $2.85 mil

Pasadena Office Complex Secures Two Leases Totaling 80k sf
5/12/25
BYD North America and Tetra Tech are latest tenants to sign at 268k sf CFT Foothill Campus

Baldwin Park Apartment Property Sells for $262k/Unit
5/12/25
24-unit asset goes for $6.3 mil

Valencia Industrial Asset Purchased for $225/sf
5/09/25
60k sf facility acquired by Watercress Holdings

Los Angeles Retail Center Lands $21.5 Mil in Financing
5/08/25
JLL arranges new loan on 77k sf Juanita Tate Marketplace

Storm Properties Spends $5.95 Mil on Santa Ana Industrial Property
5/08/25
Vacant 11.3k sf building will be marketed for lease

San Gabriel/Pomona Regional Center Inks Expansion Deal for Additional 53k sf of Space in the San Gabriel Valley
5/08/25
Deal at The Campus at SGV in Irwindale boosts the organization’s space in the region to over 150k sf

North Palisades Partners Lands $55 Mil Take-Out Loan on Newly Developed L.A. Self-Storage Facility
5/07/25
Goldman Sachs Alternatives provides money for 3,039-unit development in Huntington Park

W.P. Carey Buys 300k sf Cold Storage Facility in Santa Fe Springs
5/07/25
Property sits on 16.7 acres in a desirable L.A. industrial area

Newly Developed Res Project in L.A.’s Koreatown Neighborhood Lands $22.8 Mil Bridge Loan
5/07/25
Cash-out financing was arranged by Priority Capital Advisory and funded by Tryperion Holdings

Vista Biz Park Inks Pair of Leases Totaling 157k sf of Space
5/06/25
Latest deals at North County Corporate Center were with WESCO and Packaging Solutions

Mushmel Properties Buys Ralphs-Anchored Retail Property in Downtown L.A.
5/06/25
55k sf asset trades for $20.9 mil

Raintree Partners Underway with Trio of San Diego Area Res Developments Totaling 498 Units
5/06/25
San Diego and Encinitas projects estimated to cost around $225 mil

Santa Ana Industrial Building Trades for $267/sf
5/05/25
Owner/user pays $13.2 mil for 50k sf asset

RPG Inks Trio of Industrial Leases at Its San Diego County Properties
5/05/25
New signings total 142k sf of space

Santa Monica Life Science Property Trades for Nearly $700/sf
5/01/25
Cypress Equity Investments spends $11 mil on 15.8k sf building on three quarters of an acre

Upscale Multifamily Property in Beverly Hills Hits the Market
5/01/25
24-unit asset, which features large units and high-end amenities, also has an assumable loan

Meritage Homes Spends $19 Mil on Vacant Santa Ana Office Building for a Res Conversion Project
5/01/25
Asset was sold by Harbor Associates after gaining entitlements for the multifamily redevelopment

Downtown San Diego Res Community Lands $110 Mil Refi
5/01/25
PCCP LLC provides new senior loan for 270-unit Stanza Little Italy property

Doosan Bobcat North America Signs $15 Mil Lease for OC Industrial Facility
4/30/25
Deal is for 139k sf, LEED Silver-certified Fullerton building

OC Retail Center Acquired by Local Investor in $12.58 Mil Transaction
4/29/25
41k sf North Euclid Shopping Center in Fullerton is anchored by a vacant Stater Bros.

OC Office Property Trades for $171/sf
4/29/25
Private investor spends $15.5 mil on building in the City of Orange

Golden Specialty Foods Leases Distribution Facility in Santa Fe Springs
4/28/25
Deal works out to $1.25/sf/mo

Inland Empire Single-Tenant Property Goes for $109/sf
4/26/25
20.6k sf Hemet building is occupied by Harbor Freight Tools on a NNN lease

New $60 Mil AC Hotel Pasadena is Finished
4/25/25
194-room project was built by R.D. Olson Construction for Welcome Group Inc

Community Preservation Partners Picks Up Los Angeles Affordable Housing Property with Plans to Renovate and Upgrade the Asset
4/25/25
Total investment in Witmer Manor expected to come in around $64 mil

Lionext Inc Leases 106k sf Industrial Facility in Santa Fe Springs
4/25/25
10-year deal is worth $22 mil

800k sf Inland Empire Industrial Facility is Leased
4/24/25
Building is part of Rider Logistics Center in Perris

RojoWood Lumber & Building Supply Spends $3.8 Mil on San Diego Industrial Outdoor Storage Property
4/23/25
Asset sits just south of Brown Field Municipal Airport near the U.S./Mexico border

Mission Viejo Retail Center with Vacant Orchard Supply Space Sells for $227/sf
4/22/25
51k sf asset goes for $11.6 mil

65-Unit Lake Forest Senior Multifamily Development is Completed
4/22/25
The Meadows Senior Apartments offers res units for seniors earning between 30% - 60% area median income

Carson Industrial Facility Trades in $52.5 Mil Transaction
4/22/25
Carson Warehouse Corporation pays over $400/sf for 128k sf single-tenant asset

Chino Industrial Facility Gets New Owner in $10.5 Mil Deal
4/21/25
33k sf property goes for $320/sf

San Diego Office Sublease Space Availability Reaches Five-Year Low
6/09/25
JLL reports that available space declines as office returns accelerate

Rents Rise, Vacancy Falls, and Investment Recalibrates in the Inland Empire Multifamily Market
6/04/25
First quarter 2025 update on the market provided by NAI Capital Commercial

Trio of CA Self-Storage Financing Deals Total Over $31 Mil
6/04/25
Gantry arranges refi loans on assets in Lompoc, Oakley and Oakland

NewMark Merrill Companies Recognized with 2025 ICSC Global MAXI Award for Outstanding Marketing Excellence at Piazza Carmel
6/03/25
Newmark’s Senior Marketing Director, Cynthia Gonzalez, also recognized

BKM Capital Partners and Kayne Anderson Real Estate Launch $1.5 Bil Joint Venture Partnership
5/22/25
New entity will focus on the acquisition and value-add repositioning of a targeted portfolio of small bay and mid bay industrial properties

Orange County Office Market Repositions as Leasing Slows, Sale Prices Rise
5/19/25
First quarter 2025 data from NAI Capital Shows decreasing vacancies and positive net absorption

WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P.
5/19/25
$228 mil fund includes 26 multifamily assets in 17 states

Check Out the Line-Up of CRE Experts Who Spoke at RENTV's Inland Empire Conference
5/14/25
Here are photos of all the speakers from the State of the Market conference just held May 8 in Ontario.

WNC & Associates Closes $119 Mil Equity Fund
4/30/25
Fund is used to invest in apartment complexes for low-income residents in California

Chapman University Graduate Student Team Takes Orange Cup at NAIOP SoCal Orange County Real Estate Challenge
4/29/25
The teams presented competing visions for the Santa Ana Civic Center and Santa Ana Stadium properties

Ventura County Industrial CRE Market Update – 1st Qtr. 2025
4/21/25
Kidder Mathews provides the latest data on the sector

Real Estate Veterans Kev Zoryan and Aaron Greeno Launch Arselle Investments
4/16/25
New firm is focused on investing through vertically integrated operating platforms

Los Angeles Retail Market Faces Rising Vacancies and Tariff Concerns
4/16/25
NAI Capital Commercial provides 1st Qtr 2025 update on the market

Senior Living Communities in Los Angeles and Pennsylvania Refinanced in a $308 Mil Transaction
4/08/25
BWE arranges money for a joint venture between Columbia Pacific Advisors, LAMB Properties and Harbert South Bay Partners

Here are the CRE Experts Who Spoke at the Greater L.A. State of the Market Conference
4/02/25
See photos of all the industry pros who participated in RENTV's 2025 event for the Los Angeles area.

Hudson Pacific Completes $475 Million CMBS Financing
4/01/25
Portion of proceeds used to fully repay $168 mil loan on the firm’s Element LA property

Initial Speakers Announced for 2025 Inland Empire State of the Market Conference
3/31/25
RENTV is presenting its 2025 Inland Empire State of the Market Conference on Thursday, May 8, 2025 at the Embassy Suites by Hilton Ontario Airport Hotel. Click to learn more.

NAIOP SoCal Board Member Courtney Wing Named NAIOP Research Foundation Visionary
3/24/25
Wing is Vice President of Development and Construction at Newcastle Partners

SoCal Brokerage Veteran Tony Morales Joins CBRE as Vice Chair
3/20/25
20+-year office pro to be based in Los Angeles

What Do All of These Leading CRE Executives Have in Common?
3/17/25
Marc Brutten, Ethan Penner, Kaitlin Arduino and many other industry leaders chat with RENTV's Steve Bloom and All Star Group's Arnie Garfinkel about their businesses, their backgrounds, their thoughts about the future and much more.

Orange County Multifamily Market Sees Steady Fundamentals, Shifting Dynamics
3/13/25
End of year report from NAI Capital Commercial shows sales jump in the face of slowing development

Austin Herlihy, Chris Parker, and Miles Waters Join Colliers
3/12/25
Team will handle sales and leasing assignments out of the firm’s new Santa Barbara office

Work Started on $15 Mil Renovation/Expansion of Beaumont Carnegie Library
3/12/25
C.W. Driver Companies and TSK Architects are responsible for making changes to the 110-year-old facility



 


 


 


 
 



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